He's giving away millions, is this good or bad?

this guy (Bill Pulte) is on twitter and other platforms giving away millions in money and items just to spread kindness and share the wealth. He has areas for teachers, vets, cancer patients, and just average people in debt and need. Think this is the future, the wealthy spreading and giving away their wealth? He has all sorts of people following him, politicians and some celebs.
Does it make us better or worse? Is this a good or bad thing?

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wait, you're telling me a wealthy person can be mentally ill?

you think giving away a chunk of his money means he's mentally ill?

I know Bill Pulte. I’ve met him. I worked for him.

He’s an asshole.

This isn’t some new thing, philanthropy is as old as civilization itself

you sound bitter

He's just buying the societal equivalent of good boy points.

that wasn't my question

so you think he has a nefarious motive?
he's doing this so people like him or to sell somehting?

Of course. If that wasn't the motive he wouldn't make it public. Private philanthropy, without making a specrtacle of it, is far better.

>mentally ill

At a certain level of wealth, you kind of reach a situation where you'll never have to work again, and your kids are going to be set (to whatever degree you think is best), and then you've got all this time and money and you have to figure out what to do with them.

You can always go the nigger route and start inhaling kees of cocaine and buying gold-plated Lamborghinis, but that's obviously not very fulfilling because the people who go that route tend to end up miserable and then dead.

This guy's decided to wipe out urban blight and give some money away. Why the hell not? I'd probably do something similar. It'd be good hitting the rack each night knowing that you'd made a difference.

I am sure he will make good on that to legitimate people instead of a photo OP for old man Winfrey

but he's helping people in need

why don't more wealthy people do this?
- there are billionaires who seem to pass things along so they can use it as a tax write off an get name sophisticated recognition. why not more giving to the average joe?

The few thousand dollars he's giving away isn't even 5% of what he'd have to pay if Trump didn't fuck over the working class for a billionaire/Corporate tax cut.
Use your goddamn brain.

Maybe he wants to run for president some day.

he's given away far more than that

wxyz.com/news/twitter-philanthropy-pulte-ceo-makes-good-on-promise-to-give-michigan-veteran-new-car

i follow him on twitter, and he does give a way a lot of money. i think he's a unicorn tho, i don't think you'll see jeff bezos or bill gates on twitter giving away their fortunes. i don't think it 'does' anything at all except alleviate some hardships for some people. that's a good thing, definitely, but i'm not sure he's making any lasting, long term difference in the recipients' lives. it's really nice to see, tho. those people are lucky, if even temporarily. i'm always too embarrassed to comment on the threads because i'd use the money for fun, all my basic needs i meet myself. other people need help.

Bullshit. But I believe it. Tell stories.

Keep in mind that most billionaires have a lot of wealth but a whole hell of a lot less cash -- most of Jeff Bezos' wealth is of course his ownership of a huge chunk of Amazon.

And if he liquidated that to give away to folks, it would also mean he'd lose control of Amazon, and he'd say "fuck that noise" to that idea. He's obviously not done executing his vision, and I bet a lot of billionaires are like that.

If he inspires others in his situation to follow suit, to start a trend among the super-rich to avoid buying the gold-plated Lamborghini and instead use the money to create a decent local job for someone, he might end up making a huge difference

I’m crying and trembling with joy

Bump for free money

his followers will grow by leaps and bounds now you will have to truly be lucky to win anything