Someone Asks Why Billionaires Don’t Use Their Money To Solve World Problems, This User Explains It Perfectly
It’s easy to talk about honest business when you’ve never been a businessperson yourself or have never been exposed to all of the nuances of managing one. It surely is possible to develop a business that would be capable of generating millions of dollars (or more) in a given time span, or one that would be completely ethical from an employee’s perspective. However, this result is more of a trade-off rather than a fully compatible coexistence between the two.
Theresa Searcaigh, an Irish-American author of literary fantasy genre novels, posted a tweet asking the internet why billionaires like Jeff Bezos don’t use their wealth to start fixing things like helping homeless veterans and hungry children. According to her, “he could be Batman,” but it’s all “wasted.”
A woman asked why people like Jeff Bezos don’t impulsively start fixing things with their wealth
Image credits: Theresa Searcaigh (deleted)
A Tumblr user by the nickname of olivesawl posted a response to this, explaining how people who do business with a mindset of using their profits to further humanity don’t really become people like Bezos.
He continued telling a story about his dad, a businessman of 35 years, who had a business that was profitable, but it did not really expand. And the underlying reason was that it is nearly impossible to do business this way without climbing on someone’s back. He elaborates on this in the pictures below.
A Tumblr user ventured to give a little bit of perspective
Image credits: olivesawl
Olivesawl told a story of how his dad saw and did business, not trying to take advantage of the people involved in it. He never waited to be a good human being when it came to business, always choosing his employees’ health over profits and going to such lengths as to dock his own salary in order to make sure his employees’ needs and securities were met. And he was proud of it.
Another user, earlgreytea86, added to this by also talking about his own father, and how this same decision led their family to living a good and successful life and how they don’t need to be billionaires to do good in life through their business.
Another Tumblrer joined in, expanding upon olivesawl’s story
Image credits: earlgreytea68
While for some this was a mind-blowing reality check, many online were already aware of this, sharing their own stories and thoughts about business. The reblog was a success on Tumblr, garnering over 63,000 notes, but it also found its way to Imgur recently, where it gathered over 188,000 views in under a day.
What are your thoughts on this? Got any social business stories to share? Let us know in the comments section below!
Here’s what the internet had to say about this
391Kviews
Share on FacebookBill Gates... just saying. He never makes claims that he is sacrificing to help others, but he has used his wealth to do so much good, especially in areas that other people won't fund because it isn't "sexy", like infrastructure and toilets.
Nanci Casson is a great example of a tinfoil hat wearing loonie who loves conspiracy theories that are based on lies and deliberate misinformation- some of which can be traced to political groups with a series agenda against certain individuals. It's quite sad really- scientifically illiterate and not capable of logic or reason.
Load More Replies...It’s true, when someone has a lot of money, most of the time the did something to someone to get there. Not in all cases, but we’ve all seen this. Congrats to the people who don’t rip each other off to get to the top.
Who gets to “the top” without stepping on and ripping off other people? Does it happen?
Load More Replies...They have a lot of good points on this. I will point out that they've been doing research on the mega million and billionaires, as well as people who really 'succeed' in the business world and they have traits similar to a Psychopath. Pretty interesting research if anyone wants to look at it. https://www.forbes.com/sites/jackmccullough/2019/12/09/the-psychopathic-ceo/#5fbcf905791e
Same for politicians... any person seeking to have that amount of control over other people are inbalanced.
Load More Replies...20 years ago I worked for a company where the founder was kind, fair to his employees, clients, and vendors, and the business did well. Health insurance was included on top of salary, 8 weeks vacation (he was originally from Europe), your birthday and the week between Christmas and New Year's was off, decent maternity leave, sick leave. Then he retired, and his American-born son-in-law took over. One client had worked with the company for so long with mutual trust, there was an open PO for any project with them. The son-in-law basically stole $5MM from this client, and not only did they stop doing business, they sued, and told other companies not to go to us. The SIL cut vacation to 1 week, took away maternity leave, we started paying for healthcare, he let go of any employee making over $80k, no matter their job, and stopped giving raises. A company that had been in business for 40 years before the SIL took over died in 5 years.
That happens so much when the kids—-raised in the wealth the parents made—-take over. Their usual M.O. is similar to the one you laid out. They all think they’re real big time players and business wunderkind, when their behavior actually makes them nothing more than business killers. I just left a job where that’s the case—-and it’s not the first time I’ve left what was a great job when the parents ran it, but became a s**t job when the kids took over. Why don’t the parents swoop in and tell their kids to knock off the b******t and go back to what worked so well for decades? Hey Richie Rich, you ain’t a fraction of the business whizzes your folks were. Listen to them—-if it ain’t broke don’t fix it!
Load More Replies...I owned a mechanics shop for 10 years...7 mobile...3 in a shop. My employees were paid well..they made tbe money...every Christmas we put on a Christmas party for all the houseless folks and anyone else who wanted compaionship. Even had Santa. Keeping my vendors happy also important. A good business person spreads the wealth
My husband has his own business too, and I totally get what these people are talking about. Guess why his employees didn't lose their jobs in these difficult times of coronavirus....
Then he’s a real keeper. Please make sure to pass those traits on to your kids.
Load More Replies...A main problem is that people like Bezos never have had the opportunity to learn about balance, about giving. We live in a world where dark behaviour gets rewarded. Time to change it.
Sociopathy never gets filtered out from society. Our culture rewards it because we worship “success” regardless of what it cost.
Load More Replies...I understand that when you are starting your own business you gotta make some brutal sacrifices, but when you reach the point of being a billionaire, I think it's only logical to start giving back. So the question still stands, why these rich people won't help out to their OWN employees during such difficult times? Instead, they are asking for bailouts.
Because that’s what got them where they are: privatizing the gains and socializing the losses.
Load More Replies...Nice to talk about rich people how about the church people they're not more greedy then the church wake up and ask money to the church they are the worst mafia in the world go see the Vatican billion and billions of gold in there
No one is forced to throw money at the church. I certainly don't.
Load More Replies...Money is like manure, if you pile it up in one place, it stinks. But if you spread it around, it helps everything grow.
Bill Gates... just saying. He never makes claims that he is sacrificing to help others, but he has used his wealth to do so much good, especially in areas that other people won't fund because it isn't "sexy", like infrastructure and toilets.
Nanci Casson is a great example of a tinfoil hat wearing loonie who loves conspiracy theories that are based on lies and deliberate misinformation- some of which can be traced to political groups with a series agenda against certain individuals. It's quite sad really- scientifically illiterate and not capable of logic or reason.
Load More Replies...It’s true, when someone has a lot of money, most of the time the did something to someone to get there. Not in all cases, but we’ve all seen this. Congrats to the people who don’t rip each other off to get to the top.
Who gets to “the top” without stepping on and ripping off other people? Does it happen?
Load More Replies...They have a lot of good points on this. I will point out that they've been doing research on the mega million and billionaires, as well as people who really 'succeed' in the business world and they have traits similar to a Psychopath. Pretty interesting research if anyone wants to look at it. https://www.forbes.com/sites/jackmccullough/2019/12/09/the-psychopathic-ceo/#5fbcf905791e
Same for politicians... any person seeking to have that amount of control over other people are inbalanced.
Load More Replies...20 years ago I worked for a company where the founder was kind, fair to his employees, clients, and vendors, and the business did well. Health insurance was included on top of salary, 8 weeks vacation (he was originally from Europe), your birthday and the week between Christmas and New Year's was off, decent maternity leave, sick leave. Then he retired, and his American-born son-in-law took over. One client had worked with the company for so long with mutual trust, there was an open PO for any project with them. The son-in-law basically stole $5MM from this client, and not only did they stop doing business, they sued, and told other companies not to go to us. The SIL cut vacation to 1 week, took away maternity leave, we started paying for healthcare, he let go of any employee making over $80k, no matter their job, and stopped giving raises. A company that had been in business for 40 years before the SIL took over died in 5 years.
That happens so much when the kids—-raised in the wealth the parents made—-take over. Their usual M.O. is similar to the one you laid out. They all think they’re real big time players and business wunderkind, when their behavior actually makes them nothing more than business killers. I just left a job where that’s the case—-and it’s not the first time I’ve left what was a great job when the parents ran it, but became a s**t job when the kids took over. Why don’t the parents swoop in and tell their kids to knock off the b******t and go back to what worked so well for decades? Hey Richie Rich, you ain’t a fraction of the business whizzes your folks were. Listen to them—-if it ain’t broke don’t fix it!
Load More Replies...I owned a mechanics shop for 10 years...7 mobile...3 in a shop. My employees were paid well..they made tbe money...every Christmas we put on a Christmas party for all the houseless folks and anyone else who wanted compaionship. Even had Santa. Keeping my vendors happy also important. A good business person spreads the wealth
My husband has his own business too, and I totally get what these people are talking about. Guess why his employees didn't lose their jobs in these difficult times of coronavirus....
Then he’s a real keeper. Please make sure to pass those traits on to your kids.
Load More Replies...A main problem is that people like Bezos never have had the opportunity to learn about balance, about giving. We live in a world where dark behaviour gets rewarded. Time to change it.
Sociopathy never gets filtered out from society. Our culture rewards it because we worship “success” regardless of what it cost.
Load More Replies...I understand that when you are starting your own business you gotta make some brutal sacrifices, but when you reach the point of being a billionaire, I think it's only logical to start giving back. So the question still stands, why these rich people won't help out to their OWN employees during such difficult times? Instead, they are asking for bailouts.
Because that’s what got them where they are: privatizing the gains and socializing the losses.
Load More Replies...Nice to talk about rich people how about the church people they're not more greedy then the church wake up and ask money to the church they are the worst mafia in the world go see the Vatican billion and billions of gold in there
No one is forced to throw money at the church. I certainly don't.
Load More Replies...Money is like manure, if you pile it up in one place, it stinks. But if you spread it around, it helps everything grow.





















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