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Philanthropy


Deepwater6

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Does anyone know if the percentage millionaires and billionaires give has increased, decreased, or leveled off? I would think with all the lotteries around today compared to say, the 1940's, more people would be millionaires. Take into account the dot com boom and other riches gained by the technology age and there has to be more millionaires that are in a position to give, but I'm curious if they do.

 

Either way Its nice to read some good news. You don't come across good news too often anymore. These people are trying to do good and it's nice to see. 

 

http://www.msn.com/en-us/money/savingandinvesting/the-retail-billionaire-and-other-rich-people-who-gave-all-their-money-away/ss-AAov6Zd?li=BBnb7Kz

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Here are some global stats about millionaire movements Deepwater 6.

 

I suggest that the news is only good for you and your nation when you import less millionaires than your internal net gain from your own citizens, otherwise your politicians are just importing a new upper class elite.

 

https://www.researchandmarkets.com/reports/4176844/the-2017-global-wealth-migration-review

 

It is not surprising that at the last Australian Federal election our current government won with a majority of 1 seat and the opposition polled its second lowest first preference vote since WWII. Australia gained 11,000 foreign millionaires last year while the US only gained 10,000. 

 

http://www.sbs.com.au/yourlanguage/node/813438?language=vi

 

I know the repercussions of my state politicians paying companies from other states to move here. it costs money, locals get less jobs, locals pay higher rent/house prices and everybody suffers more road congestion so how can the politicians expect these kinds of things to work any better on a global scale. 

 

http://www.sbs.com.au/news/dateline/story/chinas-millionaire-migration

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BTW, Chuck Feeney donated $250,000,000 to cancer research in Queensland and would have to be this states most respected philanthropist (by those who know). I actually worked at Couran Cove Island Resort for several years and saw him a couple of times. That place had so much potential but unfortunately it was brought down by incompetent (non Australian) senior management who lost 1 million per month for many many years. 

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Hi LaurieAG

 

First of all, I didn't realize there were that many millionaires out there. I also didn't know the volume of migration to your country, Vancouver, and a few select others. I can understand the reasons for the movement. Although I have never been, Australia and New Zealand are absolutely stunning.

 

One of your links pointed out that some of these wealthy people were looking for a safer place. To get to a country they feel is not too involved in the middle east trouble and other confrontations between countries around the world. Our new president is wealthy and as you can see he has the propensity to cause undue tension.

 

He feels building a wall on our Mexican border will help us isolate ourselves from mostly poor immigrants not wealthy people. I can see the trouble caused by the wealthy pricing out areas they flock to. As well as all the other problems that can come with mass human movement across the earth, be the wealthy or poor.

 

Whenever I see/read about problems like this I think about the words of a past president of ours. I'm not sure if many people knew what to expect when our former president Bush declared a new world order. There were calls to help bring millions out of poverty, bring the poor from China and other Asian countries to the cities instead of farming, and some goals were despised by some. You know the type I mean, they are usually walking around with signs in front of the G20 meeting.

 

Aside from all that I do admire those wealthy enough to become Philanthropists and actually do it. Especially ones who do it when they are young. I remember years ago when four month's after my daughter was born I bought my first house, two weeks later I was laid off. I was in an absolute panic and scrambled to find a way to make money to keep us from defaulting on our mortgage.

 

Money meant so much to me back then, it was the key to my family's safety, health, and happiness. I don't look at money like that these days. I live comfortably now, but over the years money came and went. I slowly started to lose my passion for the accumulation of wealth. I look at money these days as a tool, no different than a hammer or a screwdriver.

 

BTW, It is sad when someone donates enormous wealth and then  :doh:  it is squandered by those entrusted to use it wisely.  :naughty:  There ought to be a law.  :hammer2: 

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