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Donald Hodgins's avatar

I once told my wealthy aunt that I would make a terrible millionaire, because I would give it all away. Money holds no relevance unless it's is working to make less fortunate people happy.

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Ruth Sheets's avatar

Donald, I remember reading recently about a super rich guy who decided he would give away all his money before he died and there would be no building or anything else named for him and no trust fund that would give out pittances each year while still holding onto the bulk of the money, or anything else that would get in the way of giving away his money. I can't remember his name, and that's probably what he wanted, but I see his as a model for what all billionaires now should be doing, not buying candidates, not supporting dark money PACs, not having buildings, streets, or institutions named for them, not buying huge yachts or private jets. The problem is, they can't let go of it. They might not be seen as people of extreme importance if they did that, and their egos depend on their wealth meaning something. Then there's the greed and the power/money addiction. It will require government intervention to stop the insanity. Do we have the will?

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Donald Hodgins's avatar

Ruth---My rich aunt in her passing donated all of her money, or most of it, to charity. This generous act enraged her family to the point where members of same boycotted her funeral. "What's love got to do with it" great song, better moral.

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Ruth Sheets's avatar

Donald, I do honor your aunt for that. I am guessing a few in the family could have used a few bucks, but had she given some to anyone, even if they needed it, the others would have whined about it and probably would have avoided her funeral too. I am sorry money given to charity trumped love and respect.

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Donald Hodgins's avatar

Ruth--The entire family was extremely wealthy, regardless.

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Joan Grabe's avatar

It was Chuck Feeney.

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Ruth Sheets's avatar

Joan, thanks so much. I just couldn't remember it even though I just learned of him last week. I want to remember that name!

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Donald Hodgins's avatar

We were close but when she passed I inherited nothing that she felt I would give away.

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