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I really do wonder why people like Warren Buffet are still working to make more money, for himself and others. What's the benefit for himself? Some numbers get bigger, ok. But in terms of things and services he can buy for himself and his loved ones, nothing changes, he already can buy anything he could ever want. If he stopped working this seconds and would start spending money like there is no tomorrow, he couldn't spend it all.
So why spend the last few years of your finite life increasing some numbers that don't affect you? I really don't get it.
Warren Buffett is not a good example. Dude just likes investing. Lives in the same house for 70 years. Eats McDonald's and drinks Coke every day. There's no way he can spend it all. That's why he's donating everything to charity.
Only really spends money on private travel and security. Maybe $20 to $40 million per year. That's nothing for a billionaire.
These type of people make money as their hobby. The same way other people enjoy a good vine or a T-bone steak. They enjoy waking up and making money. I know someone that's super Ritch in my country and that was his answer.
Bro was out of scale
Hey man, give me all your money, I'm donating 99% of it to charity.
How much of this 'charity' is something like 'The Warren Buffet Foundation' which exists to enrich his descendants and fulfill political goals?
neither do you probably
https://ips-dc.org/report-true-cost-of-billionaire-philanthropy/?mc_cid=bfa8894a28
https://www.oecd.org/tax/exchange-of-tax-information/42232037.pdf