this post was submitted on 14 Feb 2025
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I don't care how much positive press he buys, he's on the list. There are no good billionaires.
At least 95% of this wealth is going to donations when he dies and he's not hoarding it like a dragon or burning the world down.
Hoarding it until he dies is still hoarding it.
There are no ethical billionaires because the act of hoarding a billion dollars is inherently unethical. Giving only some of it to charity is not enough to justify how much more damage was done in the first place.
There's an old Indian story about a rich man who gives every beggar he sees a coin, until he has no more coins and is a beggar himself.
How much good did that man do by frittering away his wealth? You're surely familiar with the adage, "It takes money to make money."
Would you have a man like Gates blast out all his wealth, and then be unable to produce more to continue his philanthropy? Would you have him shut down his disease eradication and vaccination programs so as to not be an evil billionaire? Would that somehow clear his conscience? Or would it merely make you feel better?
Some of you have the financial sophistication of sophomores. And by "some", I mean you !missingno@fedia.io.
How many people did he have to step on to hoard a billion dollars in the first place? I would rather he never have become a billionaire.
There are no ethical billionaires. Full stop.
The problem is he's only making money, even his "charitable" actions are made in the interest of creating an entire environment that is more exploitative by his investments.
He did an AMA on reddit a few years ago, and when asked about his charitable ventures and investments, he mostly just made reference to teams of financiers doing "what they thought was best".
Maybe he's doing what he thinks is best... but that doesn't necessarily mean it is what's best for most people.
Frankly, his money would be best spent lobbying for progressive policies and funding candidates who fight for the working class. Everything else is a staying action at best, and "moral exploitation" at the least.
A billionaire would need to give a coin every second of his life for millions of years to deplete their fortune. The rich man of the story wasn’t rich enough, or was giving much more than a coin.
If that's possible nobody should be able to be rich, because it depends on everyone else being poor. I do agree that if you take care of yourself you can do more good in the world, but the relentless flow of money upward and industry set up to exploit the poor need to be dismantled.
Are you talking about definite pedophile bill gates by chance?
At best he gets 30 days warning.
Well death note only operates within 23 days time period. Which is weak sauce.