arsenicazure said:
You do realise that bill gates does more for charity that all those rich middle eastern sheikhs, presidents, governments and organisations right? Being worth 50 billion doesnt mean u have 50 billion cash in hand a lot of that money is stocks in hand/assets etc.. not LIQUIDITY. I really cant question his philantrophic side, no matter how much i despise his business arrogance. How much does steve jobs give to charity every year?
|
Governments account for the vast majority financially of the things people would probably classify as charity. Those sheikhs provide the funding to build a lot of mosques and the citizens of many of those countries (not to be confused with the people who work there) are provided with nice fat stipends just for being born (and if it makes them less critical of the regimes so be it).
Much like the guilded age robber barons, Gate's and Buffet's charities are politically necessary. Their public images affect their financial risk, influence, and power significantly. As astute political players, both with carefully crafted images, I'm sure they are not oblivious of this fact.







