I don’t trust any of these “giving pledges” upon death. In name, their fortunes will pass on to nonprofits. Nonprofits controlled by their family members, which comes down to letting them keep their inheritances tax-free. This even happens in Europe.
its “charity” was only a front for him doing this, pure laundering methods. he was on an AMA on reddit last decade i did try to quesiton him on that same thing, but AMA doesnt like to allow discussion of them quesitoning the AMA hosts in anyway.
I don’t trust any of these “giving pledges” upon death. In name, their fortunes will pass on to nonprofits. Nonprofits controlled by their family members, which comes down to letting them keep their inheritances tax-free. This even happens in Europe.
Now now, it’s not like they get the whole inheritance. It’s more like they get cushy overpaid non-work jobs to manage or consult for the non-profit.
its “charity” was only a front for him doing this, pure laundering methods. he was on an AMA on reddit last decade i did try to quesiton him on that same thing, but AMA doesnt like to allow discussion of them quesitoning the AMA hosts in anyway.