this post was submitted on 05 Jan 2026
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Nearly 77% of the Forbes 400 Have Given 5% or Less of their Net Worth to Charity (medium.com)
submitted 3 months ago by theHRguy@lemmy.world to c/progressivepolitics@lemmy.world
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[–] logicbomb@lemmy.world 21 points 3 months ago (1 children)

They don't give to charity and they don't pay taxes, either. They just keep it all themselves.

[–] kevin2107@lemmy.world 4 points 3 months ago (1 children)

yeah this is why I don't get the average uneducated finance bro logic. "Billionaires will just leave the state!" - yeah and so what? they weren't contributing so who tf cares.

[–] logicbomb@lemmy.world 3 points 3 months ago* (last edited 3 months ago)

When charities go into underdeveloped areas and try to stimulate their economies, they don't bring in big businesses and try to give everybody a job. They focus on doing things like giving out cheap loans to locals for them to create small businesses. They do this because that's what actually works.

[–] AshMan85@lemmy.world 14 points 3 months ago

Fuck giv8ng to charity. Pay people a living wage and they wont need charity. They wealthy philanthropist is a ruse.

[–] Armand1@lemmy.world 7 points 3 months ago

The trick is to not allow people to get that rich. Sharing should not be voluntary at those levels.

[–] SoftestSapphic@lemmy.world 6 points 3 months ago

Cool, our society needs to hold a gun to their head and make them pay back the other 95% they stole.

[–] devolution@lemmy.world 4 points 3 months ago

They don't have to pretend to give a shit anymore. Trump worldwide embolded unabashed greed as acceptable.

[–] Assassassin@lemmy.dbzer0.com 4 points 3 months ago

Duh, you don't get to the forbes 400 by being a good person that shares with others. It's just a scoreboard for capitalist sociopaths.

[–] Quilotoa@lemmy.ca 3 points 3 months ago

Any idea how individual giving compares with company giving?