Uplifting News
Welcome to /c/UpliftingNews, a dedicated space where optimism and positivity converge to bring you the most heartening and inspiring stories from around the world. We strive to curate and share content that lights up your day, invigorates your spirit, and inspires you to spread positivity in your own way. This is a sanctuary for those seeking a break from the incessant negativity often found in today's news cycle. From acts of everyday kindness to large-scale philanthropic efforts, from individual achievements to community triumphs, we bring you news that gives hope, fosters empathy, and strengthens the belief in humanity's capacity for good.
Here in /c/UpliftingNews, we uphold the values of respect, empathy, and inclusivity, fostering a supportive and vibrant community. We encourage you to share your positive news, comment, engage in uplifting conversations, and find solace in the goodness that exists around us. We are more than a news-sharing platform; we are a community built on the power of positivity and the collective desire for a more hopeful world. Remember, your small acts of kindness can be someone else's big ray of hope. Be part of the positivity revolution; share, uplift, inspire!
view the rest of the comments
I'll take whatever win I can get at this point. I just hope that it's actually going to good causes that will actually help people and not just bullshit money laundering "charity" shell games.
People don't usually write public annual newsletters about their money laundering schemes.
Because people aren't usually rich enough to be able to set up tax exempt foundations.
Right, but then why would he constantly talk about it? Why wouldn't he just say "yeah, I donate a lot to charity", feign ignorance about the concept of effective charities, and then arbitrarily dole out money to a mix of innumerable small local charities and shell charities which feed back into his pocket? Like, the number one rule of doing crime is "don't draw attention to yourself when you are committing crime". You don't announce to all your coworkers that you are going to the kwikymart 5 minutes before you rob the kwikymart.
To enhance his public image and disguise the fact that the foundation is set up to enhance the rest of Bill's portfolio. The funds share the same fund manager.
If Bill is so philanthropic, why does he keep $110bn outside his charity and only $42bn inside.
It's all for PR and tax savings.
Why would he want/need to do this? There are a bunch of other billionaires in the world who have basically no public image whatsoever - why wouldn't he just do that? And if he is so concerned about his reputation, why would he constantly draw the public's eye towards the one thing that would ruin his reputation if he actually is embezzling money through his charities?
Because when your money is more liquid it is more flexible? Idk, ask him.
I have not been inside Bill's brain, nor studied us other 161 credits on imdb. But it is obvious he loves being in the public eye
This is misdirection. He says he has given away his money to charity, but he still fully controls that money and can use the research grants for profit in his external personal portfolio. I have never accused Bill of embezzlement. I'm sure the whole process has gone through multiple lawyers.
Liquidity is how easy an asset is to sell. Stick with "idk".
Action speak louder than words. Gates has yet to "give away" more than 20% of his wealth.