this post was submitted on 09 May 2025
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Uplifting News

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[–] warm@kbin.earth 25 points 1 day ago (2 children)

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.

[–] spooky2092@lemmy.blahaj.zone 18 points 1 day ago (1 children)

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

[–] warm@kbin.earth 4 points 1 day ago (1 children)
[–] IndiBrony@lemmy.world 4 points 1 day ago (3 children)

Which are also tax avoidance schemes

[–] PunnyName@lemmy.world 6 points 1 day ago* (last edited 1 day ago)

Careful now. Don't go painting all charities as a form of tax avoidance just because a lot are used for that.

There are many great charities for many great causes out there.

[–] psud@aussie.zone 2 points 1 day ago

Great tax avoidance. Pay 100% of that money to some charity to avoid paying 20% to government

[–] warm@kbin.earth 5 points 1 day ago

Depends if you are talking about big charities or actual charities

[–] finitebanjo@lemmy.world 1 points 1 day ago (2 children)

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 0 points 12 hours ago (1 children)

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.

[–] finitebanjo@lemmy.world 0 points 8 hours ago

When you own shares of Microsoft from 1986 to 2025 yes you do.

[–] explodicle@sh.itjust.works 0 points 18 hours ago (2 children)

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 0 points 8 hours ago (1 children)

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!

[–] explodicle@sh.itjust.works 0 points 8 hours ago (1 children)

First, pick up a book.

Second, you seem to be assuming all of his investments have only tech workers, and that they're all very well paid.

[–] Katana314@lemmy.world 2 points 14 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.