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Yo, Elon
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this post was submitted on 14 Jun 2024
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An individual giving money to good causes will always be limited by the fact that it is based on the whims/biases of that individual. So, it is possible to see that some billionaires like Bill Gates and (dare I say it..) J K Rowling give substantial amounts to charities - we can also see that they are donating to personal pet causes. Society already has a way for rich people to give to a structured system that (attempts to) give(s) out the money to a wide variety of causes - its called tax and the system is government! If these people who society has allowed to become so wealthy just paid taxes and supported a proper, fair government then they wouldn't need charities... but then they wouldn't get to name buildings after themselves.
Taxes typically go to the country you pay the taxes in though, and the poor in America, for example, are probably in a far better position than, say, sub Saharan Africa.
Governments are location based, but also give huge amounts in foreign aid - especially rich countries. They are also better placed to give it fairly than individuals. Here's a link: https://www.youtube.com/watch?v=69AtkAHkKEc