Props to Bill Gates... (most generous philanthropist (not that I would know this word))

[ndee]

http://www.businessweek.com/magazine/content/02_48/b3810005.htm


might be a repost but guess what? I don't care.

 

[Czar]

 

[Zebo]

Originally posted by: ndee
http://www.businessweek.com/magazine/content/02_48/b3810005.htm


might be a repost but guess what? I don't care.

More importantly he gives 60% of his net wealth vs. Paul Allen who's almost just as rich and talks a good game about charity only gives 2%. Similarly Warren Buffet who say he's a liberal only gives 0.6%. Go fiqure

 

[CaesarX]

Damn, he's one generous guy!

 

[luckydragon]

mad props to billy gates great causes too, education and health

did anyone notice warren buffet's causes are for nuclear threat initiative? what the heck is that?

 

[Yomicron]

Wow! Gordon and Betty Moore (of Moore's Law fame) donated 200% of their current net worth to charity.

anyone have access to the ranking methodology?

 

[ndee]

nm.

 

[Zebo]

why 200%..They exercise opitons and give then to charity

 

[ndee]

Where's Larry Ellison?

 

[Electrode]

You do realise that the reason for doing this is to get a deduction on their taxes, right?

 

[ndee]

Originally posted by: Electrode
You do realise that the reason for doing this is to get a deduction on their taxes, right?

At least they're doing SOMETHING.

 

[glen]

Originally posted by: Electrode
You do realise that the reason for doing this is to get a deduction on their taxes, right?

You still give away more money, but you can then choose where it goes.
In Gate's case, he has far exceeded what he would give away in taxes.

 

[murphy55d]

Originally posted by: Electrode
You do realise that the reason for doing this is to get a deduction on their taxes, right?

So what? The charities still get their money, that's all I care about.

 

[tcsenter]

As for Paul Allen, I'm of the impression that he is personally involved with a couple causes and gives a lot of his time vs. just cutting checks from behind a desk. Maybe I'm misinformed...

And look at the stingy Walmart Family, worth $94 billion and have only given approx. $1 billion to charity. Woohoo!

Although, just thinking, if you consider what has been given to charitable causes just among the top 100 philanthropists over the last 20 years, great googly moogly! Not counting what is given by the average joe.

Where does it all go? There just seems to be so much need out there...considering what the government contributes + all the charitable giving, there still seems to be no shortage of needy causes.

 

[squirrel dog]

Thats nice.At his net worth if he dosent give it away,he pays it in taxes.One for you nineteen for me,I'm the tax man.

 

[Koing]

Originally posted by: murphy55d

Originally posted by: Electrode
You do realise that the reason for doing this is to get a deduction on their taxes, right?

So what? The charities still get their money, that's all I care about.

Ditto.