Elon Musk

Out of context: Reply #776

  • Started
  • Last post
  • 2,425 Responses
  • NBQ001

    If a mega-billionaire donates 2.4% of his fortune to charity but no charity gets any money, does it actually count as philanthropy?

    That’s a lingering question surrounding Elon Musk, the Tesla chief executive and world’s wealthiest person, over the past month. A terse regulatory filing in mid-February disclosed that Musk, who is currently worth $235 billion according to Bloomberg, had earmarked $5.7 billion worth of his Tesla shares for charity in late November. And yes, that’s the only detail Musk has provided about where the shares have gone: “To charity,” according to the bare-bones prose in the SEC’s disclosure form. No nonprofits have recently announced receiving any money from him, and Musk did not respond to several Fortune requests for comment.

    Full read: https://imgur.com/gallery/1is90A…

    • What is clogging the trickle down system?palimpsest
    • Hasn't he just given the money to himself? Like all these charity cunts do?PhanLo
    • Sounds Trumpy...BusterBoy

View thread