Forbes 2021 list says there are over 2,700 billionaires with 13.1 trillion dollars in combined net worth. If each donated 10% (1.3 trillion) they could make a huge positive impact on the world, drastically reduce/end numerous world issues, and still be multi-billionaires. Why the fuck don’t they?

Forbes 2021 list says there are over 2,700 billionaires with 13.1 trillion dollars in combined net worth. If each donated 10% (1.3 trillion) they could make a huge positive impact on the world, drastically reduce/end numerous world issues, and still be multi-billionaires. Why the fuck don’t they?

What do you think?

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  1. Because you can never have enough money they got so much by being greedy even if they had 100 billion more each they would still want more.. if they were kind moral selfless people they wouldn’t be billionaires

  2. Net worth isn’t money in the bank.

    Secondly, their combined net worth doesn’t mean they all have an equal share.

    Finally, a lack of money isn’t why issues aren’t being fixed. It’s a lack of political and social will, with localized corruption.

  3. Because the rich don’t generally give a flying fuck about other people. Most ultra-rich are extremely narcissistic personalities. Many acquired their money through illegal or immoral activities (Russian Oligarchs, Saudi princes, drug lords, etc.), or through aggressive business tactics (monopolies, etc.)

    There are exceptions, obviously – Bill Gates and Warren Buffet have given away more than 90% of their wealth into the Bill and Melinda Gates Foundation (and both are still billionaires). MacKenzie Scott has also given away billions. But they are the exceptions…

  4. A billionaire probably has tons of money tied up in resources.

    And a pleasant bank account.

    But what happens if you sell off 10% of a company? That ten percent is you.

    They aren’t evil villains running their fingers together trying to conquer the world. They worked hard

  5. Because billionaires that are worth 5 billion dollars, don’t actually have 5 billion dollars in their accounts, they’re worth 5 billion dollars because they **own assets** valued on 5 billion dollars.

    For instance, if you were the owner of Amazon, and let’s suppose that Amazon was worth 5 billion dollars, your networth would be 5 billion dollars, but you don’t have 5 billion dollars to give to anyone, that value is just how much your company is perceived to be worth and not liquid assets.

  6. I don’t think it’s that simple. Money is nice, but you also need people you can trust that know how to use it.

    Donating billions won’t do much good if it all ends up in the pockets of corrupt politicians, „NPOs“ and warlords.

    Whenever you provide resources to communities in need, this will attract people that will try to take control over those resources and use it for gaining power over those who need them.

  7. Over a decade ago there was a video called eat the rich that went into the scale of government spending versus the amount of private wealth in the US. Super out of date but the basic depressing point was the scale of things and how a one time seizure of assets only works in the very short term, then the next year you’re back to square one, but no more rich people.

    Why don’t rich people give more to charity, greed. Would all the billionaires giving away all their money change the world? Much less than you’d think.

  8. Because non profits are the biggest scam in human history. I assure you if you could lay out a plan and 1000% guarantee that the funds would all go to the cause, these people would do it. I had this discussion with David Geffen himself.

  9. I mean they do give away tons of money though. I’m sure if you googled just how much Bezos and Gates give to charity, you’d be pretty shocked. Sorry it doesn’t confirm to some arbitrary number you have in your head

  10. I’m sure there’s also some research on non-billionaires giving 10% of their wealth and creating a huge positive impact. Why don’t you give up your 10%?

    Besides, they don’t have to do it. They earned their money and they can do whatever the fuck they want with it. Wanna give it to charity? Great. Wanna buy three boats? Great. It would be preferable if they used it for good but if they don’t, it’s completely their choice and you’re no one to think they should do something they don’t want to.

  11. Because net worth and money is often tied up in other things
    They’re billionaires because that money is invested in places, not sat in a bank account waiting to withdraw

  12. It’s not that easy, even if that wealth was not tied up in investments and was liquidated, corruption is probably what’s stopping them. Live Aid was a huge concert organised by Bon Gedolf back in the 80’s, he had good intentions and wanted to raise money for Africa. When the concert was over he was warned not to give the money directly to Africa as bad things would happen, he didn’t listen, and funded genocide amongst some other really barbaric things.

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