sPlendipherous t1_j8wms5o wrote on February 17, 2023 at 2:05 PM

Reply to comment by elpajaroquemamais in Tyler Perry to donate $2.5M to help older Atlanta homeowners by AmethystOrator

The commenter probably needs his money. This billionaire does not need more than a billion dollars. Spit on the homeless for not donating the shirt on their backs. For the billionaire this just means buying one fewer private jets, less than a dozen, maybe only eight jets, for his private runway.

elpajaroquemamais t1_j8wniso wrote on February 17, 2023 at 2:10 PM

Look, I’m not saying he doesn’t need it more, I’m just saying that’s easy to say. Just because he’s worth a billion doesn’t mean he has a billion in the bank. People conflate net worth with cash. It’s not.

sPlendipherous t1_j8y6o2a wrote on February 17, 2023 at 8:09 PM

It's not easy to buy one or two fewer private jets for your private runway? Get real.

elpajaroquemamais t1_j8y9zsd wrote on February 17, 2023 at 8:31 PM

Bro, again, a percentage of net worth is a useless statistic. Most of his net worth is tied up in the valuation of his businesses. He doesn’t have a pile of a billion dollar bills laying around.

sPlendipherous t1_j8ybdxz wrote on February 17, 2023 at 8:40 PM

Obviously. His net worth is what he can sell it for. Hence, he could donate... maybe 500 million? Hell, he could donate 950 million without any change to his lifestyle at all. He would still have 50 million (50 000 000 usd worth) and can still own his dozen private jets on his private runway, maybe even buy one or one hundred new private runways for his buddies.

elpajaroquemamais t1_j8yfefs wrote on February 17, 2023 at 9:06 PM

Of course. He could give up his businesses and give up all his possessions.

sPlendipherous t1_j8yhrhq wrote on February 17, 2023 at 9:22 PM

Except for 50 million worth? As I said, it would make no difference to his actual possessions.