It This Too Good To Be True?

[piggynose]

https://www.msn.com/en-gb/money/other/the-man-who-made-74-millionaires-for-christmas-hut-group-founder-has-rained-millions-of-pounds-on-charities-and-created-thousands-of-jobs/ar-BB1bXnzU?ocid=mailsignout&li=AAnZ9Ug

[allenlondon]

The parable of the widow's mite comes to mind.

Yes, of course, if rich people give away huge amounts, it is always a good thing, to be praised, and applauded.

But the parable talks of the old woman who had one coin in her purse, and gave it away to 'the poor'.

Which is the greater gift?

I know an elderly couple who give away about 35 percent of their net income, to charity, to poorer relations, to others. They say they don't need it, and have no need of any more material possessions.

Giving is a great thing.


A

[emmie]

as evidenced by those who donate to many charities in UK, like Children in need for one

[piggynose]

What do you expect from mr rude aka ttt?

[emmie]

do you believe it to be true then

[piggynose]

I can´t get my head round his so called humble origins. Its amazing how wealthy he has become. Also how altruistic he is.

[emmie]

yes he is.

[emmie]

as are many, some listed on here

[piggynose]

Sadly no emmie. Its too much like a fairy tale.

[jno]

the "value" of online companies is still a tricky concept so there's no telling his company was really worth what buyers paid for it. But that's neither here not theere: he has the money, he can do as he pleases with it.

The company I worked out for used to dish out free shares to employees; it still brings in quite a handy bonus each year.

[emmie]

so you don;t believe the evidence, don't see a fairytale at all

[emmie]

George Clooney the actor gave 1 million each to 14 close friends an act of kindness don't you think.

[ToraToraTora]

why would it be too good to be true? is everyone concerned making it up? So self made Billionaire does some philanthropy why is that so hard to believe? Strange question.

[piggynose]

In a nutshell 3t, nobody gets rich by giving money away.
Maybe i´m too cynical.

[piggynose]

I did some charity work for Mencap more than 30 yrs ago and this included me contacting about 200 companies for a donation, most of them didnt reply,about 10 gave me about a fiver, 1 gave me 100 cans of red bull, and 5 gave me about 200 quid in total. So you can see why i was a little suspicious about this mans generosity.

[ummmm]

No, they don't get rich by giving it away. They get rich by using it wisely and give it away when they have become a success.

[ToraToraTora]

"In a nutshell 3t, nobody gets rich by giving money away. " - and neither did this guy. He got rich then realised he could never spend it in a 100 life times so decided to give some away. Bill Gates foundation exists only to give his money away. I think mark Zuckerberg has said that he intends to give away 95% of his wealth. Dump the cynic bone me old china.

[piggynose]

Sorry ummmm i disagree

[ummmm]

Bill Gates and Mark Zuckerberg give away most of their wealth.

They have to earn it first though.

[pixie374]

Wouldn't you do the same, piggy, if you had too much money for you and your family to ever spend?

[piggynose]

I dont know pixie cuz i'll never be in that situation. Anyway i reckon most people who amass that much wealth are so far removed from the real world, that theyve forgotten how most of us get by.