For those who are unaware: A couple billionaires, a pilot, and one of the billionaires’ son are currently stuck inside an extremely tiny sub a couple thousand meters under the sea (inside of the sub with the guys above).
They were supposed to dive down to the titanic, but lost connection about halfway down. They’ve been missing for the past 48 hours, and have 2 days until the oxygen in the sub runs out. Do you think they’ll make it?
Every billionaire uses charities.
They’re a way to exert control over the money that would normally go to taxes, and be up to the government to spend.
It’s not inherently bad, but charity is not quite the saving grace of billionaires that many make it out to be.
Rich people charities are money laundering and tax avoidance vehicles.