Can we keep this discussion friendly and positive, as intended by the thread topic?
Amazing cynicism. They don't have to give anything, and it will amount to billions, but that's not a sacrifice worthy of note?
How do you figure?
I find the negative comments ... .
Personally, I see nothing wrong with this thread. The comments that some have called cynical are really just jealousy, ...
Instead, they've chosen to take that pile of money and use it in ways that will improve life on our planet. And if the publicity they get will encourage other billionaires to do the same, that's great.
Without rereading the thread. There are plenty of posts that suggests the Zuckerbergs aren't sacrificing because they will still be rich. Or arbitrarily suggesting that someone giving $10 to the Salvation Army is a bigger sacrifice. Or that if they want to make a statement they should give it all away.I guess I just don't understand this. Which comments were 'negative'? Did anyone criticize him for giving it away? If so, I missed those posts, sorry.
And where is the jealousy? I'm not saying I don't wish I had $45B or even M, but where is the jealousy in the comments?
And where is the jealousy? I'm not saying I don't wish I had $45B or even M, but where is the jealousy in the comments?-ERD50
But where is the money now? Surely not in a million mattresses, or buried in millions of tin cans in a very large back yard? Maybe it is doing good right now, providing loans to people to buy houses, or cars to get to work? Or providing investments in start up companies that might change the world?
Maybe it is better in the hands of a charity, but I'd have to say I really don't know how to measure that.
-ERD50
Without rereading the thread. There are plenty of posts that suggests the Zuckerbergs aren't sacrificing because they will still be rich. Or arbitrarily suggesting that someone giving $10 to the Salvation Army is a bigger sacrifice. Or that if they want to make a statement they should give it all away.
If they give away billions to make the world a better place, that's generous/admirable - period. Why do we care if they still have plenty? Or that they'll legally minimize their taxes? Or that they give it away over a lifetime vs faster?
The money did not fall in their laps, and they don't have to give back a penny. Why is it necessary to disparage their contribution at all? Cynicism? Jealousy?
We disagree once again, surprise...
If they give away billions to make the world a better place, that's generous/admirable - period. Why do we care if they still have plenty? Or that they'll legally minimize their taxes? Or that they give it away over a lifetime vs faster?
...
The money right now is a bunch of Facebook shares that are owned personally by the Zuckerbergs. It doesn't pay any dividends, so it's just a stock certificate sitting in a drawer somewhere.
Please show where I said anything like that?Are you saying the $10 contribution doesn't make the world a better place? Isn't it also admirable?
Sure, maybe it will. A person dropping a $10 bill into a Salvation Army bucket though has likely made a greater sacrifice and yet gets no front page news article.
Which one is going to make a bigger impact in the world? By an enormous amount? There's your answer.Are you saying the $10 contribution doesn't make the world a better place? Isn't it also admirable?
Why do we care how much the amount is? Why do we oooh and ahhh at someone who says that sometime in the future they will give away a large portion of their wealth but we don't even really pay attention when an average person drops some money in a bucket at a Safeway.
...
If they give away billions to make the world a better place, that's generous/admirable - period. ...
Meh...depends. If you have 150 million people donate $10 every year vs 1 dude donating $30 billion lifetime...you tell me.Which one is going to make a bigger impact in the world? By an enormous amount? There's your answer.
Also...this forum doesnt have much activity in general. It seems to have a small following. Maybe thats why? Theres only the regulars and or users who have been here for a while. Im surprised how few new threads are started here...or how many new comments in general are posted. Guess I have to spend more time at bogleheads. Its too bad as im all about retiring early and was hoping to find a ton of info related to that.