#and hed probably end up with less than that after taxes and depreciation etc
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Here's a hypothetical: What if you won the lottery tomorrow? You get 10 million dollars to spend; however you wish. What would you do with that amount of money?
Personally, I'd buy a house, invest 1 million, give 2 million to my family, and then use the remaining 7 million for charity.
at a 4% quarterly interest rate, I'd make 120k a year just off my investments, which is twice the average income in my city. and I wouldn't have any debt, or have to make payments on a house or for rent. I'd be very very rich by anyone's standards.
With the remaing 7 mil, I'd donate a bunch of money to local queer organizations that have impacted my life heavily. I'd also give a bunch to some local food banks and housing programs, and give a bunch to rainbow railroad. that 7 million could probably have a huge impact on the lives of a ton of people.
Jeff bezos has a net worth of 208.7 billion dollars, over 2000 times bigger than our hypothetical amount.
Is that ethical? is it ok, morally, to sit on that much money, when it could do so much good?
What would you do, if tommorow, you had 208,700,000,000 dollars?
#socialism#wealth gap#jeff bezos#tumblr#i know that the 208.7 billion is in stocks#but you can sell stocks!#he probably couldnt immediately sell them all#and hed probably end up with less than that after taxes and depreciation etc#but hed still have a fuck ton of money
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