If all these billionaire pricks stepped up to Warren Buffet's level we could end world hunger. Buffet has given away about 40% ($46bn) of his wealth over the years.isha wrote: ↑Wed Apr 27, 2022 10:50 am Globally in 2021 defense spending was 2113 billion. That's armaments mostly. That's about what Musk spent on Twitter being spent every week on bombs and guns and big planes etc.
So if everyone stopped buying stuff from the military industrial complex for a wet fortnight in September they could probably eliminate a great many serious world problems. Eliminating world hunger for good is said to cost about 300 billion.
But they don't, and they haven't, and they won't, and it's a bit silly to talk about how a specific billionaire spends his baubles compared to such and such and etc etc.
I don't much like the guy but these noughts on a screen are not that big of a deal to people like him.
Having said that, Musk has just donated $5.7bn to charity but it's most likely gone into a Donor Advised Fund which is a black box in terms of knowing who gets the money. It can sit there for years without actually being distributed and it costs him 30-40% less due to tax allowances on charitable donations. But it's still a lot of cash that some charities are going to get.