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jakubkonecki t1_iv2sb0r wrote

Reply to comment by [deleted] in [OC] Forbes 2022's Most Philanthropic US Billionaires by row64software

If a mega-billionaire donates 2.4% of his fortune to charity but no charity gets any money, does it actually count as philanthropy?

That’s a lingering question surrounding Elon Musk, the Tesla chief executive and world’s wealthiest person, over the past month. A terse regulatory filing in mid-February disclosed that Musk, who is currently worth $235 billion according to Bloomberg, had earmarked $5.7 billion worth of his Tesla shares for charity in late November. And yes, that’s the only detail Musk has provided about where the shares have gone: “To charity,” according to the bare-bones prose in the SEC’s disclosure form. No nonprofits have recently announced receiving any money from him, and Musk did not respond to several Fortune requests for comment.

From Fortune website

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[deleted] t1_iv2ss7j wrote

[deleted]

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jakubkonecki t1_iv2thyo wrote

Yes, but if Musk's fund haven't actually donated to any charity, is he really a philanthropist?

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euk-ko t1_iv366m9 wrote

i hate reddit

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emperor_scrotum_II t1_iv3zmx4 wrote

I don’t like musk either but don’t pretend Reddit isn’t religiously anti-Musk. Your opinion is the status quo on 90% of the subs, especially the larger ones

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[deleted] t1_iv379b3 wrote

[deleted]

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euk-ko t1_iv37rg3 wrote

defending a billionaire online for literally nothing sounds like a you problem

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awakenedchicken t1_iv3wjlp wrote

I can never understand fan boying for people whose wealth doesn’t affect you at all. Do you people think one day you’re going to be a billionaire? Why do you like people who continue to get richer and richer on the back of people like us?

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[deleted] t1_iv4qs90 wrote

[removed]

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awakenedchicken t1_iv4r0fn wrote

Yeah I’m big idiot boy.

The link says he put it in a fund. No evidence that he ever donated with said fund. Therefor, he hasn’t donated any money.

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