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this post was submitted on 01 Apr 2024
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OR, and hear me out, you could just not be a total asshole? Maybe have a baseline of tolerance and respect for the people who made you a billionaire? No? Then fuck right off and accept the consequences of your hatred.
It seems billionaires have really wacked out midlife crises. Instead of buying expensive cars and cheating on their partners, they come out as terfy nazis, build hate platforms, and crash companies. I mean to be fair, at this point the sample size is only two, JKKK Rowling and Musk, but it's still surprising that it'd happen twice.
Bill Gates started a charity.
Steve Jobs killed himself because he thought he knew better than his doctors. Well, that's wacked out too, but at least it's not being a Nazi...
These guys need to get on John McAfee's level
https://en.wikipedia.org/wiki/John_McAfee
John McCracked
McAfee is not worth cracking
That dude's videos are extraordinary.
John McAfee’s poop hammock is perhaps the best story about him.
For the uninitiated:
https://www.youtube.com/watch?v=5elAr2s6Gno
Have you seen the (censored) GoPro footage he released?
Oh you son of a..
At last this guy was entertaining, not only disgusting like these modern "billionaires". Pff.
Bill gates didn’t start the charity as a midlife crisis.
It’s a tax dodge and a lot of other ways of protecting his money while also doing a little reputation washing/ morality banking
Wasn't he 45 when he started the charity? That sounds like a perfect candidate to be a midlife crisis, haha
Just because it was midlife doesn’t mean it’s a crisis.
He started the charity as a shelter for his obscene wealth. That is all.
I'm not obscenely wealthy, so I don't have the experience...but it seems plausible that a billionaire midlife crisis could be "Where am I going to put this ridiculous amount of money that I've earned through less-than-ethical means?"
It’s plausible that a man who made his billions fucking everyone over who was even remotely near him….
… developed a conscience?
https://www.businessinsider.com/how-ultra-wealthy-americans-use-philanthropy-to-avoid-taxation-2021-10
https://apnews.com/article/business-philanthropy-b8acb10f529ac2dbaff7631021d823c9
I mean, the main motivator for the endowment was always Malinda Gates. I'm sure it functions as a tax shelter, but I doubt that was really the main motivator. He's already given over several times what his tax burden would have been, and if we compare it to other NGOs whose sole purpose is truly preserving or raising money, they really aren't comparable.
I'm in agreement that no one should have hundreds of millions of dollars, let alone billions. We can discuss the validity of NGO as a concept, but as far as NGO go, the gates foundation has done more actual aid work for 3rd world countries than most governments.
most governments don’t have nearly the same revenue. This is like saying corporations have done more to help homeless people than homeless shelters (to whom the corpos donate money.)
The reality is that a lot of the way things are, are caused by people like- and including- bill gates.
While there are many NGOs that exist to do good things- and are very good at aid- the gates foundation is not one of those.
I think you’ve bought into the reputation washing the foundation has done for the Gates, and severely underestimate just ho sociopathic they are…. And just how profitable the foundation is for them personally.
In this hypothetical, the shelters are still necessary for the investment to do any actual good, therefore the input of the investment could never exceed the input of the shelter.
One of the things that makes the gates foundation an actual working NGO is that they employ their own aid workers, and set up the logistics systems that support their mission.
I agree, my claim isn't that bill gates deserves his wealth, or that his NGO validates his earnings, or even the economic system that allowed it. My claim is simply that the gates foundation is about as good of an NGO we could ever expect to have within our current economic system.
I think that the vast majority of those impacted by the "sociopathy" you speak of are/were other wealthy silicon valley types, and the rest of the 1rst world in general. Was he a monopolistic technocrat who personally slowed the march of technology for personal gain? Yes, but to be honest so did other corporations like apple. The thing apple hasn't done is save +30 million lives from preventable diseases.
As far as how profitable the foundation is...... I don't really think you understand how tax write offs work. They aren't an infinite supply of free tax credits that you can deduct from your personal income. There is a point where the amount you give exceeds your personal tax burden.
If it were truly about making money, he would just do the same thing musk is, keeping his investments in unrealized gains, and then using those assets as collateral for tax free loans.
Also, Id hardly claim the gates foundation has been a success at reputation washing. I mean just in the last couple years he's been accused of everything from drinking baby's blood for adrenochrome, injecting people with the 5g, and even creating COVID. I think he's a difficult person to have a nuanced opinion over. People tend to not criticize them for the things he's actually done, and tend to focus instead on some hidden insidiousness.
I didn't say that
Have you ever worked with the Gates foundation? Because calling it a "tax dodge" like that is completely baseless, they're a really reallyngood charity, like honestly one of the best in the world, and also that's very ignorant of how taxes work.
All that may be true, but it does a lot of good too.
Steve Jobs was always a piece of shit, and he had that diet well before he got cancer. But yeah the fact he continued to double down in the face of death shows how much of a narcissist he was.
I think a factor with some of them, probably both the ones you mentioned, is that they can't handle criticism. So when they get any push back they double down. Then they get drawn into conservative nonsense that reinforces their beliefs. Then it's a downward spiral as they get radicalized far beyond their original positions.
To be fair, you just described my mother to a tee. She’s a narcissist and has managed to alienate everyone from her life.
You can add Markus Persson to that sample group
Oh yeah!