• warm@kbin.earth
    link
    fedilink
    arrow-up
    36
    ·
    1 day ago

    Give it away now instead you piece of shit. If he actually gave a shit he would have donated it all to charities already. It’s just a billionaire farse, fuck him and the rest of em.

    • finitebanjo@lemmy.world
      link
      fedilink
      English
      arrow-up
      8
      ·
      1 day ago

      He is. He is already giving it all away. He’s been doing it for 25 years and he will continue to do it for the next 20 years.

      You have to understand that his value grows over time and selling his stocks en masse would decrease their market value. He’s been maximizing the amount of good done very effectively.

      • ddash@lemmy.dbzer0.com
        link
        fedilink
        English
        arrow-up
        1
        ·
        6 hours ago

        He’s been doing it for 25 years and STILL managed to reach 133 billion? No, I call bullshit. You don’t just accidentally end up with that kind of money while “giving it all away”, get real.

      • explodicle@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        2
        ·
        13 hours ago

        His value grows from exploiting even more people.

        You keep repeating the claim that selling his stocks rapidly would tank their sale value. Let’s see your math.

        • finitebanjo@lemmy.world
          link
          fedilink
          English
          arrow-up
          1
          ·
          3 hours ago

          OH NO! OH GOD NO! The US Tech Workers! They’re being forced to use, oh god no, forced to use Visual Studio Code *vomits

          Oh the exploitation!

        • Katana314@lemmy.world
          link
          fedilink
          English
          arrow-up
          3
          ·
          9 hours ago

          Stocks are an unpredictable mess of human behavior; you can’t put anything in a calculator to see what they will be tomorrow. It is based on market confidence.

          90% of investors won’t buy claims of “It’s just for charity” and will only see a massive sell off of MSFT, and drain the rest in turn through panic sales. It’s how every stock exchange crash has happened (though it can happen to just one or a few companies)

          The basic lesson for finance as in all things is whatever you want to do, it’s better to do it slowly over time. Even charities work better if they have funding over a long period to hire staff and plan events, rather than a sudden billion all at once for a room of 8 volunteers to figure out.

    • spooky2092@lemmy.blahaj.zone
      link
      fedilink
      English
      arrow-up
      22
      ·
      1 day ago

      he actually gave a shit he would have donated it all to charities already. It’s just a billionaire farse,

      Just not his own goddamned tax avoidance scheme charity