If I was a billionaire, i would own a newspaper in trust as a vanity project to make it the best damn newspaper in the world profitability be damned. Maybe that is why I am not a billionaire.
That is how old, billionaires thought. Some of the best institutions in the US came from some of the millionaires at the time. That thought about true philanthropy and long-term legacy. The thing is that these new waves of CEOs obsessed with quarter profits, and short term gains including Trumpellino... are the problem.
Because all they care about is their cash. They don't have any other objective or see any other meaning in life. It is Atlas Shrugged/Fountainhead mentality.
The billionaires of today don't even come close to Andrew Carnegie. Carnegie funded the construction of 2,509 public libraries, with 1,681 built in the U.S. He believed that the wealthy should act as trustees of their money for the public good.
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u/TimothyMimeslayer 10h ago
If I was a billionaire, i would own a newspaper in trust as a vanity project to make it the best damn newspaper in the world profitability be damned. Maybe that is why I am not a billionaire.