Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

pbmus

(12,422 posts) Mon Jan 20, 2020, 05:51 PM Jan 2020

3

The oligarchs of today are not philanthropists...

Link to tweet

2 replies

= new reply since forum marked as read

Highlight:

The oligarchs of today are not philanthropists... (Original Post) pbmus Jan 2020 OP

It is all about indulging KT2000 Jan 2020 #1

Well, to be fair, in the past couple of years he's contributed over $2 Billion to some worthy causes Hoyt Jan 2020 #2

KT2000

(20,586 posts)

1. It is all about indulging

Reply to pbmus (Original post)

Mon Jan 20, 2020, 06:23 PM

Jan 2020

themselves with rockets, more and more real estate, and padding the tax laws with loopholes for themselves.

Hoyt

(54,770 posts)

2. Well, to be fair, in the past couple of years he's contributed over $2 Billion to some worthy causes

Reply to pbmus (Original post)

Mon Jan 20, 2020, 06:23 PM

Jan 2020

I'm sure most of us would contribute more if we actually had $117 Billion in cash, which he does not. Most of his wealth is in stock, which would bring only a fraction of it's supposed current market value if he tried to liquidate a big chunk.

https://www.businessinsider.com/jeff-bezos-amazon-how-much-donations-charity-2019-5#september-2018-2-billion-bezos-day-one-fund-launched-to-support-education-programs-for-homeless-families-9

Reply to this discussion

Latest Discussions»General Discussion»The oligarchs of today ar...