bodyboarder
Member
You don't get into a position of power like his by having a defined goal. Also running a $700 billion dollar company would have some awesome perks/power.
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Apple CEO Tim Cook will leave his fortune to charity
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You don't get into a position of power like his by having a defined goal. Also running a $700 billion dollar company would have some awesome perks/power.
I'm the same way. If I have enough cash to last multiple lifetimes I'm OUT and living life to the fullest. People like this aren't motivated by cash and the freedom it provides though. They are instead motivated by power and being #1. It helps that they are workaholics. Time Cook, for example, wakes up at 4:30am. By the time you wake up with bags under your eyes and a boner, he's already sent multiple emails and hit the gym. He most probably works around 18 hours a day.
These guys want to change the world which does not seem pointless whatsoever. Also you can take care of your fellow staff and create even more opportunities by continuing to be successful.
Cybrwzrd
Banned
I was being conservative. With that much cash you can get a lot more than that.
Nemesis121
Member
With all these wealthy people pledging money to charity upon death, i hope the money help people in need and isn't stolen by greedy cunts..
AtomnayaKlubnika
Member
That's a good thing, this kind of philanthropy should export to Europe.
I don't think it would be enough to save Greece.
Yup. It's a fucking shame. My friend (rich as hell) is getting her white savior complex on and building a school in Haiti. I hooked her up w/some professionals who go there and help out... they all warned her that it would be an uphill battle because her money will be stolen. It's the same everywhere, people are just greedy fucks and Haiti's CIA backed regime surely undermines the country at every turn. There's less than 10M people there and last I checked $1US = $5Haitian, so why is there still extreme poverty there? Corruption and punk ass France making Haiti pay reparations for ruining their slave colony. Yeah, slaves are paying reparations to massa smfh.
entremet
Member
Are the reparations still going on? That's something evil regardless.
BlackLagoon
Member
Rich people leaving their money to charity isn't a bad trend, but at the same time, the fact that most of these fortunes come from companies engaged in large scale, systematic tax evasion makes it bittersweet at best.
Especially now, when we're constantly hearing that the government given benefits that have built up in the western world aren't sustainable anymore. Pensions being cut, retirement age going up, etc. That these guys use creative accounting to hoard their wealth, and then get praised for arbitrarily doling it out to whatever charities they fancy when they no longer need it doesn't quite sit right with me.
Especially now, when we're constantly hearing that the government given benefits that have built up in the western world aren't sustainable anymore. Pensions being cut, retirement age going up, etc. That these guys use creative accounting to hoard their wealth, and then get praised for arbitrarily doling it out to whatever charities they fancy when they no longer need it doesn't quite sit right with me.
Supplychain doesn't exist, workers doesn't exist, factories doesn't exist and so on. It would require more than just Apple to make.
Lone Wolf
Member
So build factories. Just like they do in China. Offer a decent wage and you will have workers.
You build factories for billions upon billions but then you don't have people to work in them. You can't walk down the street to the place that makes screws and get a last minute adjustment for your product. It wouldn't work. It's not just a random factory in China that makes your electronics. They have a whole ecosystem made.
of what interest income? You think Apple is getting 7% return on their cash. Because that's not true at all.
You are free to look at their financial statements. They do not get anywhere near 7%. A year ago, they had $50 billion in US treasury bonds, and even a 30-year T-note won't get you half of 7%:
http://www.treasury.gov/resource-ce...interest-rates/Pages/TextView.aspx?data=yield
AtomnayaKlubnika
Member
I was not talking about Greece specifically, but a lot of investment in eduction would be cool.
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