this post was submitted on 15 Dec 2023
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[–] [email protected] 26 points 2 years ago* (last edited 2 years ago) (30 children)

There are ethical billionaires, but nobody would have heard of them because they do not advertise and show off how much of a good person they are for donating. A good person do not look for validation. Charles Feeney comes to mind who donated 90% of his wealth and died with net worth of $1 million. He also lived in a rented apartment despite having become a billionaire for managing Duty Free.

Edit: okay some have been pedantic on here about Charles Feeney and his wealth, and some of my figures have been wrong, but the overall point still stands. He was worth $8 billion, donated over 99% of his wealth and spent the rest of his remaining days with $2 million.

https://www.nytimes.com/2017/01/05/nyregion/james-bond-of-philanthropy-gives-away-the-last-of-his-fortune.html,

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