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
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
Thanks for posting that link. From article “I would say that psychopaths or people with psychopathic traits, thrive in chaos and know that others don’t, so they will often create chaos at work for this reason,”.....sound familiar to anyone?
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...This was a good read. I hope it helps people understand that billionaires only happen off the backs of everyone else.
Goli: because the people under the executives don't have the authority to make the bad decisions that ruin companies.
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.
Let's be real....lazy eye insecurity is the cause for the money hoarding....he thinks money makes him look cool or something....he looks like a scoundrel.....he made his money like a lot of these billionaires because all us partly stupid people don't care about having options or encouraging competition....
Yup. People pour scorn on Bezos but I bet most of them still buy through Amazon.
Load More Replies...Ppl always claim how they would be a huge humanitarian if they had millions / billions of dollars, but that's pure b******t. Most of us are currently doing better than others, but you don't see those same ppl helping out with the ppl in poverty. Ppl like to boast how they would do this or do that when really they'd do absolutely nothing, exactly which is what they're currently doing at their current income status. Quit trying to suck your own d**k by congratulating yourself for something you'd never actually do.
Ok soo off course what olivsawl said you need to climb some backs if you want to get big and for example mister Jeff Bezos is doing that on his employees I am an Amazon delivery driver I dont care if I will get fired anymore becouse I want to stop working for this devil company if I stay to explain what happens in this company especially whit The employees I need to write a hole book ...and like how Theresa said is a Waste The 10 first billionaire in the world they can solve all the problems From holle planet but i think that they didant realise yet that when the clock whill stop they wont take nothing whit them hope that somebody whil start investigating inside this company for the good of the people that work inside is onli tho words that I can say about amazon "MODERN SLAVERY "
This also can be looked upon as “ THE HISTORY of Life. Three words, POWER,, EVIL, and MONEY. Each and of themselves, somewhat “ EVIL” together one learns at an early age, MONEY is far, far, more important than the best word in life L O V E. You are born and brought up in that line of thinking, or get plucky, no meant lucky and become like that, a person whose conscience was disconnected at birth, or as this book states, comes into a decision making time of deciding that those THREE words are far more important than TRUE LOVE of anything, but those three words.
Spot on. Steps for having a healthier society: Stop worshipping wealth. Stop worshipping growth. Stop believing in “perpetual gains” (it’s impossible and only leads to social destruction). Start blocking sociopaths’ access to power and influence (ie: filter the worst people out on their attempt to climb the ladder). Kill so-called “public ownership” (as in, the 1% of the society is not the public). The gambling addiction of Wall Street is the number one enemy of society and people are conditioned to see it as normal. It’s gambling; not an economic system. Number two enemy of society? The current leadership of the Republican Party (and the Democratic National Convention isn’t far behind them).
Chuck Feeney is (or would be) a billionaire who has given away most of his fortune. He taught his kids the same kind of generosity. He is truly an amazing person.
Hmmm I wouldn't have used Bill Gates as an example. There is just something about him that does not square right when he talks about world population and medical innovation. Population isnt up to him and any time he talks about anything medical, it makes me think he is not doing it to help. I just dont trust him. But all the other stuff that was said I agree with. You can take two out of every twenty dollars and use it to help alleviate some problem, I mean if you really want to help.
So bezos is just a s**t. Tell us something we don't already know or suspect...
I worked for a Flooring Installation contractor. In order to get contracts from cities or local public works, we had to employ union members. An employee making $27 an hour cost the company closer to $60, after taxes and all the union requirements. It eventually killed his business. And yes, he often went without a paycheck himself.
Perhaps the money changes people. I thought that Richard Branson used to be a good guy, but now he seems to be like all the rest of the billionaires. His airline's going under but will he prop it up? Or will he just see it as a loss to be written off? We shall see
Fools like Bezos, “reality TV stars,” etc have not sound. They are selfish, narcissistic and, imho, bound for Hell. (Bill & Melinda excluded) With the kind of money they have, the world could literally be fixed; they have no interest in making the world better, though ... only in extending their 15 minutes or their bank accounts.
I hope people don’t mind me saying this, but taking Bill Gates as an example is a joke. He is one of the most corrupt people alive. It’s not even a conspiracy. He sold his stocks right after he held an event named event 201 in which they were ‘practising’ a worldwide coronavirus pandemic, 2 weeks before it happened. Such is not coincidence. He put his money on healthcare and is getting better of it. Also he owns the patent since 2016. Also a few years ago, there was an article on how he donated millions to charity. Truth is, it was his way to avoid tax. It was not used to help others. Just to avoid tax. Don’t always believe what you hear. Rich people are powerful people. They don’t always have good intentions. Don’t forget about that. Millions are aware. As a proof, go to his Instagram account. The comments say enough.
You gotta be selfish to accumulate millions. Now, when you have millions already, then you can help. That is, if money hasn't got into your system.
CEOs are statistically more likely to be people with psychopathic tendencies or characteristics. It's been theorised that "failing" psychopaths (as in the ones that have been caught and limited in their behavior) are the strongly impulsive ones, while people who make it to billionaire CEO managed to assess and adapt until they got to that position. A sad reality of an overpopulated world, as ages ago small close-knit communities would check and correct selfish individuals.
Jeff Bezos has donated over 2 billion dollars to charity so far. What would you do better if you were rich? (I'm interested to read an intelligent answer to my question. Not a rant about "donations are fake news" and other unsupported arguments)
the tony stark comment is false equivalence. he was born into wealth. so was batman. I think lex luthor was in most timelines, too. heroes with lots of money didn't get there themselves for that exact reason. heroes don't push someone down to lift themselves up. but if you're gonna make a metaphor, at least make it accurately.
This basically comes down to having to pick two out of "Cheap, Good, or Fast". In order to be profitable, you have to give up something to be able to make any kind of profit. If you want to sell a product cheap, that could mean sacrificing labor for quantity (machines to do the work at the same quality level). Or it could mean sacrificing quality for cheap labor. And on and on... A successful business is not measured in decimal points, percentages, or dollars. It's better measured in the regard your customers, vendors, and employees have for you.
In all fairness do we know how Bezos spends his money? People with that kind of money give it away to charities for tax breaks and often have foundations they fund. I hope when this pandemic is over he gives every employee a huge bonus, they have been contributing non stop. Don't know the man so I have no idea if he is an a hole or not.
My husband and I had our own small business and this is completely true. You come to forks in the road where you have to choose between screwing someone over to make more money or being a decent human being. We always felt like a clear conscience was worth making less money. No regrets.
This is a ridiculous post. The reason those large companies are so big is because of the nature of their business, which use a lot of economies of scale (Amazon) and network (Microsoft, Facebook), which makes comparing them to a small business inaccurate (not all small business will become large). Their wealth mainly comes from shares valuation, not profits. Then, Bezos wealth is made mostly of Amazon shares, so if he sells all of them to make cash to help others he'd no longer have the source of his income. Then, it's a scale thing: if he uses all of his wealth it'd be like 1% of all income of all people in the USA in 1 year, and next year he'd have nothing to help others. So, yeah, good and human business practices are necessary, but simplistic analysis are not the answer. We need both small and large companies, and more of them, and more people helping others.
These guys crush the small companies every chance they get.
Load More Replies...Trust me anyone who has gotten that rich as done it off of the backs of others. You cannot serve God and money.
Everyone who 'makes' it,I mean really do ,be it celebraties or businessman or policiticians ,they all are psychopaths, it's the general rule of our society, good people can never get rich. U have to choose between being good and being rich like that. And when u are a psychopath u just don't feel anything that way the normal people do. Ofcourse we are responsible for making them rich, we don't need all that s**t,we keep buying . But we all wanna be 'better' than the next person, and what not. If we limit our things to only the things we really need, or make the things we want, I mean all of us. We can cut there legs. But humans were never known for the unity. This pandemic is good. I really hope half of the population dies, so we can focus on actual problems, without thinking about the population.
I sometimes wondered the same thing, why dont "they" help fix things but I've never owned a business so the coments were very eye opening. I wasn't taught to step on people to get what I want and I dont think I could and look myself in the mirror. That type of personality doesn't feel good, shouldnt feel good, to me anyway. I don't think its money that fixes people. I think its their perspective that fixes things. Teach people to view things differently, that they always have choices, they make the choices and they could possibly find ways around their problems, or straight through them as I like to think. Hats off to all those fathers who ran their business with people in mind, not money! Good day all!
It's his choice the point is whether you have billions or not you choose how you use it and people don't make the same choices on what they do with their abundance
Totally true - nice people don't make a ton of money. So why do we keep voting rich people into Government (UK and USA)?
Jeff Bezos has totally disconnected himself from the reality of the normal 9 to 5 life that the average Human being lives. With that being said Amazon itself has no hope because the direction that he has chosen to turn himself to is greed and once you have turned yourself into the lane of greed you're a lost cause unfortunately. I'll end it with this when you lose connection of reality and you get beside yourself your house will fall it's just when will it.
I know this has nothing to do with the heart of the topic and I'll probably get down voted in to oblivion but Lex is DC and Tony is Marvel.
I think people forget that business is about one thing, more business. A business has no morals, no compassion, no shame. Those are traits of the people within a business. Good people will do right by the vendors, employees and customers. Bad people will not. But for every good customer, good vendor, and good employee every business has had twenty bad ones. Those bad ones really affect the morale of the good business person. Its easy to go from being a decent boss to being a ruthless boss because a decent boss can get taken advantage of by the people they feel compelled to help.
Bezos could bail out the entire Postal Service. Wouldn't that be poetic justice?
This is a useless information-less article that actually explains nothing. The examples, are merely of how any business in the world may do business, its not unique, nor does it explain the headline of the article, about billionaires, let alone, successful business people. Its empty. Many business owners work their business like a job, trading time for money, like any employee, and the reason they don't grow and expand, is they are too deep in the work, and not in the bigger picture, not making their money work for them. What a billionaire mind set does, is build business that compounds on itself, that expands and grows. One that has systems, and has been designed to work, even when the owner is not present. Then the owner replicates. Most small business owners don't do this, because they are working a job mentality, and are content where they are. Its a choice. Its about taking the chances, making the choices, and taking the risks. Most people are afraid of risk.
Because it's his money and he can do whatever he wants with it. Which BTW he is currently employing hundreds of thousands of people, and has created a marketplace where individuals can become their own entrepreneurs. And who knows if he is giving back and just doesn't feel the need to broadcast it all over social media? Seriously, sit down and shut up.
A great deal of the billions of dollars is at work, not sitting in gold toilets or chests of diamonds. The money is in businesses that employ tens of thousands of workers. And you can bet his CEOs aren't overpaid. He's not giving most of it to charity, he, and many like him, are putting people to work. He's also not asking for government handouts. Don't question the self made business people, question billion dollar companies like Auto-Nation who take $95 million from the fund to save small businesses during the pandemic. Look to Warren Buffett who gives away huge amounts of money, and yes, Bill Gates too. The dear, kindly bosses and friends cited in Tumbler employ MAYBE a few dozen people. Compare that to Jeff Bezos and the rest.
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
Thanks for posting that link. From article “I would say that psychopaths or people with psychopathic traits, thrive in chaos and know that others don’t, so they will often create chaos at work for this reason,”.....sound familiar to anyone?
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...This was a good read. I hope it helps people understand that billionaires only happen off the backs of everyone else.
Goli: because the people under the executives don't have the authority to make the bad decisions that ruin companies.
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.
Let's be real....lazy eye insecurity is the cause for the money hoarding....he thinks money makes him look cool or something....he looks like a scoundrel.....he made his money like a lot of these billionaires because all us partly stupid people don't care about having options or encouraging competition....
Yup. People pour scorn on Bezos but I bet most of them still buy through Amazon.
Load More Replies...Ppl always claim how they would be a huge humanitarian if they had millions / billions of dollars, but that's pure b******t. Most of us are currently doing better than others, but you don't see those same ppl helping out with the ppl in poverty. Ppl like to boast how they would do this or do that when really they'd do absolutely nothing, exactly which is what they're currently doing at their current income status. Quit trying to suck your own d**k by congratulating yourself for something you'd never actually do.
Ok soo off course what olivsawl said you need to climb some backs if you want to get big and for example mister Jeff Bezos is doing that on his employees I am an Amazon delivery driver I dont care if I will get fired anymore becouse I want to stop working for this devil company if I stay to explain what happens in this company especially whit The employees I need to write a hole book ...and like how Theresa said is a Waste The 10 first billionaire in the world they can solve all the problems From holle planet but i think that they didant realise yet that when the clock whill stop they wont take nothing whit them hope that somebody whil start investigating inside this company for the good of the people that work inside is onli tho words that I can say about amazon "MODERN SLAVERY "
This also can be looked upon as “ THE HISTORY of Life. Three words, POWER,, EVIL, and MONEY. Each and of themselves, somewhat “ EVIL” together one learns at an early age, MONEY is far, far, more important than the best word in life L O V E. You are born and brought up in that line of thinking, or get plucky, no meant lucky and become like that, a person whose conscience was disconnected at birth, or as this book states, comes into a decision making time of deciding that those THREE words are far more important than TRUE LOVE of anything, but those three words.
Spot on. Steps for having a healthier society: Stop worshipping wealth. Stop worshipping growth. Stop believing in “perpetual gains” (it’s impossible and only leads to social destruction). Start blocking sociopaths’ access to power and influence (ie: filter the worst people out on their attempt to climb the ladder). Kill so-called “public ownership” (as in, the 1% of the society is not the public). The gambling addiction of Wall Street is the number one enemy of society and people are conditioned to see it as normal. It’s gambling; not an economic system. Number two enemy of society? The current leadership of the Republican Party (and the Democratic National Convention isn’t far behind them).
Chuck Feeney is (or would be) a billionaire who has given away most of his fortune. He taught his kids the same kind of generosity. He is truly an amazing person.
Hmmm I wouldn't have used Bill Gates as an example. There is just something about him that does not square right when he talks about world population and medical innovation. Population isnt up to him and any time he talks about anything medical, it makes me think he is not doing it to help. I just dont trust him. But all the other stuff that was said I agree with. You can take two out of every twenty dollars and use it to help alleviate some problem, I mean if you really want to help.
So bezos is just a s**t. Tell us something we don't already know or suspect...
I worked for a Flooring Installation contractor. In order to get contracts from cities or local public works, we had to employ union members. An employee making $27 an hour cost the company closer to $60, after taxes and all the union requirements. It eventually killed his business. And yes, he often went without a paycheck himself.
Perhaps the money changes people. I thought that Richard Branson used to be a good guy, but now he seems to be like all the rest of the billionaires. His airline's going under but will he prop it up? Or will he just see it as a loss to be written off? We shall see
Fools like Bezos, “reality TV stars,” etc have not sound. They are selfish, narcissistic and, imho, bound for Hell. (Bill & Melinda excluded) With the kind of money they have, the world could literally be fixed; they have no interest in making the world better, though ... only in extending their 15 minutes or their bank accounts.
I hope people don’t mind me saying this, but taking Bill Gates as an example is a joke. He is one of the most corrupt people alive. It’s not even a conspiracy. He sold his stocks right after he held an event named event 201 in which they were ‘practising’ a worldwide coronavirus pandemic, 2 weeks before it happened. Such is not coincidence. He put his money on healthcare and is getting better of it. Also he owns the patent since 2016. Also a few years ago, there was an article on how he donated millions to charity. Truth is, it was his way to avoid tax. It was not used to help others. Just to avoid tax. Don’t always believe what you hear. Rich people are powerful people. They don’t always have good intentions. Don’t forget about that. Millions are aware. As a proof, go to his Instagram account. The comments say enough.
You gotta be selfish to accumulate millions. Now, when you have millions already, then you can help. That is, if money hasn't got into your system.
CEOs are statistically more likely to be people with psychopathic tendencies or characteristics. It's been theorised that "failing" psychopaths (as in the ones that have been caught and limited in their behavior) are the strongly impulsive ones, while people who make it to billionaire CEO managed to assess and adapt until they got to that position. A sad reality of an overpopulated world, as ages ago small close-knit communities would check and correct selfish individuals.
Jeff Bezos has donated over 2 billion dollars to charity so far. What would you do better if you were rich? (I'm interested to read an intelligent answer to my question. Not a rant about "donations are fake news" and other unsupported arguments)
the tony stark comment is false equivalence. he was born into wealth. so was batman. I think lex luthor was in most timelines, too. heroes with lots of money didn't get there themselves for that exact reason. heroes don't push someone down to lift themselves up. but if you're gonna make a metaphor, at least make it accurately.
This basically comes down to having to pick two out of "Cheap, Good, or Fast". In order to be profitable, you have to give up something to be able to make any kind of profit. If you want to sell a product cheap, that could mean sacrificing labor for quantity (machines to do the work at the same quality level). Or it could mean sacrificing quality for cheap labor. And on and on... A successful business is not measured in decimal points, percentages, or dollars. It's better measured in the regard your customers, vendors, and employees have for you.
In all fairness do we know how Bezos spends his money? People with that kind of money give it away to charities for tax breaks and often have foundations they fund. I hope when this pandemic is over he gives every employee a huge bonus, they have been contributing non stop. Don't know the man so I have no idea if he is an a hole or not.
My husband and I had our own small business and this is completely true. You come to forks in the road where you have to choose between screwing someone over to make more money or being a decent human being. We always felt like a clear conscience was worth making less money. No regrets.
This is a ridiculous post. The reason those large companies are so big is because of the nature of their business, which use a lot of economies of scale (Amazon) and network (Microsoft, Facebook), which makes comparing them to a small business inaccurate (not all small business will become large). Their wealth mainly comes from shares valuation, not profits. Then, Bezos wealth is made mostly of Amazon shares, so if he sells all of them to make cash to help others he'd no longer have the source of his income. Then, it's a scale thing: if he uses all of his wealth it'd be like 1% of all income of all people in the USA in 1 year, and next year he'd have nothing to help others. So, yeah, good and human business practices are necessary, but simplistic analysis are not the answer. We need both small and large companies, and more of them, and more people helping others.
These guys crush the small companies every chance they get.
Load More Replies...Trust me anyone who has gotten that rich as done it off of the backs of others. You cannot serve God and money.
Everyone who 'makes' it,I mean really do ,be it celebraties or businessman or policiticians ,they all are psychopaths, it's the general rule of our society, good people can never get rich. U have to choose between being good and being rich like that. And when u are a psychopath u just don't feel anything that way the normal people do. Ofcourse we are responsible for making them rich, we don't need all that s**t,we keep buying . But we all wanna be 'better' than the next person, and what not. If we limit our things to only the things we really need, or make the things we want, I mean all of us. We can cut there legs. But humans were never known for the unity. This pandemic is good. I really hope half of the population dies, so we can focus on actual problems, without thinking about the population.
I sometimes wondered the same thing, why dont "they" help fix things but I've never owned a business so the coments were very eye opening. I wasn't taught to step on people to get what I want and I dont think I could and look myself in the mirror. That type of personality doesn't feel good, shouldnt feel good, to me anyway. I don't think its money that fixes people. I think its their perspective that fixes things. Teach people to view things differently, that they always have choices, they make the choices and they could possibly find ways around their problems, or straight through them as I like to think. Hats off to all those fathers who ran their business with people in mind, not money! Good day all!
It's his choice the point is whether you have billions or not you choose how you use it and people don't make the same choices on what they do with their abundance
Totally true - nice people don't make a ton of money. So why do we keep voting rich people into Government (UK and USA)?
Jeff Bezos has totally disconnected himself from the reality of the normal 9 to 5 life that the average Human being lives. With that being said Amazon itself has no hope because the direction that he has chosen to turn himself to is greed and once you have turned yourself into the lane of greed you're a lost cause unfortunately. I'll end it with this when you lose connection of reality and you get beside yourself your house will fall it's just when will it.
I know this has nothing to do with the heart of the topic and I'll probably get down voted in to oblivion but Lex is DC and Tony is Marvel.
I think people forget that business is about one thing, more business. A business has no morals, no compassion, no shame. Those are traits of the people within a business. Good people will do right by the vendors, employees and customers. Bad people will not. But for every good customer, good vendor, and good employee every business has had twenty bad ones. Those bad ones really affect the morale of the good business person. Its easy to go from being a decent boss to being a ruthless boss because a decent boss can get taken advantage of by the people they feel compelled to help.
Bezos could bail out the entire Postal Service. Wouldn't that be poetic justice?
This is a useless information-less article that actually explains nothing. The examples, are merely of how any business in the world may do business, its not unique, nor does it explain the headline of the article, about billionaires, let alone, successful business people. Its empty. Many business owners work their business like a job, trading time for money, like any employee, and the reason they don't grow and expand, is they are too deep in the work, and not in the bigger picture, not making their money work for them. What a billionaire mind set does, is build business that compounds on itself, that expands and grows. One that has systems, and has been designed to work, even when the owner is not present. Then the owner replicates. Most small business owners don't do this, because they are working a job mentality, and are content where they are. Its a choice. Its about taking the chances, making the choices, and taking the risks. Most people are afraid of risk.
Because it's his money and he can do whatever he wants with it. Which BTW he is currently employing hundreds of thousands of people, and has created a marketplace where individuals can become their own entrepreneurs. And who knows if he is giving back and just doesn't feel the need to broadcast it all over social media? Seriously, sit down and shut up.
A great deal of the billions of dollars is at work, not sitting in gold toilets or chests of diamonds. The money is in businesses that employ tens of thousands of workers. And you can bet his CEOs aren't overpaid. He's not giving most of it to charity, he, and many like him, are putting people to work. He's also not asking for government handouts. Don't question the self made business people, question billion dollar companies like Auto-Nation who take $95 million from the fund to save small businesses during the pandemic. Look to Warren Buffett who gives away huge amounts of money, and yes, Bill Gates too. The dear, kindly bosses and friends cited in Tumbler employ MAYBE a few dozen people. Compare that to Jeff Bezos and the rest.
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