Reminder: this subreddit is meant to be a place free of excessive cynicism, negativity and bitterness. Toxic attitudes are not welcome here.

All Negative comments will be removed and will possibly result in a ban.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

Sorry but a man with a net worth of a billion donating 2.5 mill is a pittance....like throwing pennies in the street and making sure everyone knows what a great guy he is.

Fucking pathetic.

It's helping 400 people. Everything helps, but it feels really similar to a neighbor bringing buckets of water to your house while the fire department is there not putting out the fire. It's like... 'thanks man, I really just need them to start working'.

$6200 each.

at best 4 months of relief, less if toward mortgage

not including utilities...or food...

Publicity stunt of the cheapest sort.

Also his films are shit...like true shit.

It's for back property taxes and future property taxes for older individuals on fixed incomes. It should benefit them for about 5 years. The article says all of this.

It's not bad that he's trying to help. I honestly feel like the scope of this is too small to get much publicity, and the amount is probably what he needed to donate in order to avoid some taxes, given the timing.

I'm sure he's no saint, but there are a lot of rich people doing a lot of shitty stuff, so at least this is helping some people and doesn't necessarily harm anyone. I don't really think his films matter much in this scenario. You can just say you don't like him, lol.

You do know there are far more than 400 seniors in need of assistance in Atlanta, right? This is purely a PR move for him.

I'm well aware. Hence, the analogy I made in my previous reply to the other user. It's almost certainly more than just PR. I agree that PR is likely a slight motivator.

Lol, google his house in ATL, it has a private runway.

Unbelievable that someone could hold this opinion when Perry could have given 0 and you wouldn't have even had this idiotic thought enter your dinosaur-sized brain

Your right. He should help 0 instead !!

What have you done to help random people? Because if he didn't do anything, people like you would still complain.

“Why give millions when you can give more millions you selfish asshole?!” -you

But he's so generous.

[deleted]

Oh yeah, cuz the fuckin greedy boomers needed more handouts?

Derp derp derp.

I'm sorry mate a billionaire handing out hardly anything is not comparable to bringing buckets of water.

A concerned neighbor is not trained to go and rescue people from fires and must stand back, A billionaire CAN give out more money but are more concerned about their wealth.

Stop sucking rich peoples toes because they made a tiny donation

[removed]

The rich person bootlicking in this comment section is divine

What about what I said is 'sucking rich people's toes'? You can go be mad at someone else, lol. I was just saying, why shit on it? Who cares?

The oldest generation isn’t the boomers.

Jordan would have donated more. Just sayin.

Have you given .025 percent of your net worth away today?

How did he decide this one? You know whose really struggling? Seniors that rent. They need the help more than those that can literally tap into equity at any time.

I mean you can have nice things for yourself while doing good for others…

0.25 percent. If you're worth $250,000, you would give... $625??? That sure doesn't seem like a lot.

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.

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.

Keep in mind net worth isn’t cash in the bank. For someone who owns a home that’s worth $400000 and only owes $150000 on it but other wise isn’t rich, yeah, $625 is a lot of money.

I know that. And no, in that situation, $625 isn't a lot of money. It's like buying a ps5 console with no games, or a used graphics card.

What are you referring to? Almost literally every comment here is negative.

Just because it isn’t a lot to you doesn’t mean it isn’t a lot.

I mean that's pretty much my situation, which is what I was going off of. How did the $250k get paid off if there isn't enough to cover a simple $625 cost? That's a set of tires. That's a car repair bill. We probably just define "a lot" differently, which is alright.

The money just would have went to paying his taxes anyways but I guess helping local communities is better than letting the government squander it

He’s specifically helping low income people who may be struggling to keep their homes.

You are describing exactly why you need to save that money instead of spending it on a PS5 or charity. Thanks for proving my point.

I'm saying that $625 is a typical expense we are already used to paying. What's one more of them? I'm saying if you have $250k of the house paid off, chances are you can drop $625 without it affecting you. And no, we shouldn't save all of our money. Buy a PS5 and enjoy if it doesn't hurt you financially.

The house may have been worth $200000 when you bought it. But when it becomes more valuable it increases your net worth. That’s my point. It’s not cash in hand.

Ohhh that's what you meant. I thought you meant a $400k mortgage with 150k remaining.

Not to be that asshole, but if 5 houses (near where I live) cost 500k. Did he just bail out maybe a few friends elderly family?

What a good man. He sets an example for all of us.

Nope. And now you see what a worthless number net worth is.

No kidding.

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

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.

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.

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

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

The negativity here is astounding. Holy bananas. Do any of you do anything to help your neighbor or is b****** on Reddit the extent of your community service.

That stated, real estate taxes on the elderly are truly a problem. Especially for those on a fixed income, if the city appraises your property to a higher value, these can quickly cause an already tight budget to collapse. Folks can lose their homes or their kids will be stuck paying.

Have some compassion..

You nailed it. But the hive mind dislikes Perry so here we are.

According to the article, the $2.75 million is to covers the real estate (including county, city and school-related) tax back-pay for 300 seniors and cover any tax increase over the next 20 years for another 100 seniors (all of whom live on fixed incomes).

There are plenty of people struggling to pay rent with limited to no access to equity. If those people can't pay they end up homeless. Having a house to sell is a lot better than being homeless. The seniors in this discussion got a buyers market back in the day. Not sure why they should get it both ways. 🤷

Tyler Perry's Donation.

Streaming on BET Plus.