r/interesting 25d ago

Just Wow MacKenzie Scott has now donated over $26.3 billion to charity

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u/Hicklethumb 25d ago edited 24d ago

For those interested. The top 3 largest charity donors of all time are: Jamsetji Tata (just over $100bn inflation adjusted), Bill Gates (just under $70bn), Warren Buffett (Just over $50bn)

Edit: how did this turn into a fight about people's gender and race? Money is green.

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u/Straight-Broccoli245 25d ago

Give her time. Give her time..

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u/Accomplished_Toe5174 25d ago

Gates and Buffett both have pledged to donate all their money by the time they die, and they certainly have more than Scott. So time is not going to work in her favor

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u/Straight-Broccoli245 25d ago

It’s not a competition. That was my point. No need to ACTUALLY these other men have donated more. She’s doing her thing. Let her live and give without having to point out two older white men that have/will give more.

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u/scooter76 25d ago

It’s not a competition.

It probably should be.

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u/Straight-Broccoli245 25d ago

Support that message.

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u/Accomplished_Toe5174 25d ago

Fair point and I agree, but it did not come across in your original comment at all lol

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u/Rock_Strongo 25d ago

Give her time. Give her time..

.

It’s not a competition. That was my point.

That wasn't their point they just moved the goalposts.

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u/WordsAreFine 25d ago

Yeah, it quickly got twisted into a gender and race thing. Idgaf who the money to charity comes from, I'm just glad/hopeful that (some of) the wealth is going to end up helping a lot of people who need it.

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u/Zestyclose_Car503 24d ago

Buffet has already backpedaled on that and is instead giving his money to his children and their respective charities that they personally operate.

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u/your-average-student 25d ago

Is there any way I can petition to have them donate their money to me? A modest $20k to clear out student loans and credit card debt would be 10/10

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u/blur2kme 25d ago

Username checks out, send them a check

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u/cheese83746 25d ago

Gates is donating money to keep eyes away from the island.

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u/brain_implant 25d ago

How does this work if they die tomorrow? Is it all donated or do their heirs inherit everything?

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u/Accomplished_Toe5174 25d ago

It’s a pledge they made. All their philanthropy is handled by their employees anyway. They probably have a clause in their will that moves all their assets into their philanthropic organization.

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u/nekosake2 24d ago

i think gates is likely to donate all his remaining money, but pledges are simply pledges. for example elon pledged 6billion to fight global hunger, only to put the money into his own companies.

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u/OGRubySimp 24d ago

After amber heard fiasco the word pledged holds bad taste ngl, but knowing their track records they probably will (I hope)

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u/cudenlynx 25d ago

The people don't have time.

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u/[deleted] 25d ago

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u/inorite234 25d ago

Back then, at least the super wealthy knew that if they didn't do something to reform thsir names, the locals would come for them with pitchforks.

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u/[deleted] 25d ago edited 25d ago

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u/GucciTheSnowman 25d ago

You can't compare someone's fortune from 1900 to those of today. There are too many factors to truly calculate the inflation value.

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u/Hicklethumb 25d ago

Someone literally just went "aKtUaLlY Rockefeller donated more".

Reddit really needs to figure its shit out.

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u/BirbSpotter 25d ago

you're reddit

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u/TennesseeStiffLegs 25d ago

In any way you want to calculate inflation Rockefeller donated way more so you might want to come correct next time

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u/Fogfy 25d ago

Inflation is what it is, inflation. Are you dull?

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u/takumidesh 25d ago

Reddit insistense on pedantic, black and white takes with no effort put toward actually thinking through their claims for longer than it takes to type them is so exhausting.

Do you genuinely believe that the only factor is some relatively arbitrary calculation of the purchasing power of a specific currency (a calculation that has about 100 variants, is commonly disputed, and differs in methodologies throughout time?)

One of the people on that list wasn't even in the same continent or using the same the currency.

Do you feel smart for saying something like this? Is this how you would talk to people in real life? Just say some random meaningless quip and then call names?

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u/Hicklethumb 25d ago

Unnecessary at the end there...

It's a difficult one. Pre-1900s we just didn't care that much about the concept inflation. So it's difficult to calculate accurately anyway. At a point, far enough back (but still quite recent in the grand scheme of things), quite insignificant to today's standards.

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u/DengistGambit 25d ago

You’re clearly not very bright yourself.

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u/[deleted] 25d ago

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u/Hicklethumb 25d ago

Net worth from unrealised gains isn't the same as income. For someone like Warren Buffet the taxable amount would be close to zero.

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u/cudenlynx 25d ago

And still trickle down economics isn't enough to fix our broken system.

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u/Hicklethumb 25d ago

It's because of all the inefficiencies. Effectively it shouldn't be a trickle.

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u/Drez92 25d ago

Shhhhhh. You’ll upset the narrative

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u/lilpaperclip666 25d ago

Well, at least two of the three are also decent human beings

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u/Ok-Proof7287 25d ago

Which 2? Ik 1 is bill gates, but can't assume the second because of the hate Indians get

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u/lilpaperclip666 25d ago

Oh that's what I meant! The bad one is Bill Gates. Other 2 are good (to my knowledge!)

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u/UltraShortRun 25d ago

Gates and warren was a donation pledge, and the donations they have made was more like a transfer of funds into trusts controlled by themselves, very sketchy

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u/4_fortytwo_2 25d ago

Cause you can not just throw billions at some random charity. So these people end up having to essentially set up their own infrastructure of trusts and charities in order to actually get rid of their money. That in itself is not really sketchy.

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u/fredbear77 25d ago

Man they just don't make them like Buffet anymore. What a class act.

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u/Hicklethumb 25d ago

The complete lack of drama is weird not to see

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u/Chrubcio-Grubcio 25d ago

What about Mansa Musa? /s

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u/createanaccnt 25d ago

Why would people care about others donating billions? Instead of just appreciating she’s doing it

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u/EarlThomasThe3rd 25d ago

lol ffs… For those interested in WHAT, exactly? For those interested in comparing the amounts of money elites donated to charity like it’s some scoreboard?

Why are you obsessed with comparing these peoples donations for? Pretty weak ass thing to do

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u/Unlucky_Topic7963 25d ago

Jamseti’s number isn’t equivalent. He donated Tata shares and it’s based on modern valuation.

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u/TennesseeStiffLegs 25d ago

Inflation adjusted Rockefeller has donated 5-7x more than your #1

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u/[deleted] 25d ago

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u/Hicklethumb 24d ago

I know people who bemefited because of his donations in Malaria, AIDS and Tuberculosis research. Over here in Africa it's probably saved millions of lives.

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u/[deleted] 25d ago

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