GirlHacker's Random Log

almost daily since 1999

 

Forbes’ article on Pierre Omidyar, founder of EBay, describes how he is attempting to give away all but 1% of his billions by 2020. I appreciate that he tries to keep a low profile, and that he is picking charities that address the root causes of problems instead of the “band-aid” situations. Sure, it’s important to feed the hungry, but the long term results of a program to allow more people to provide for themselves is critical to fixing the actual problem. The article includes plenty of details on his reaction to sudden wealth and how he and his wife tried to find the best way to donate their wealth. It’s important to make sure your money is being used properly, otherwise, why bother giving it away?

Written by ltao

April 16th, 2000 at 3:28 am

Posted in Uncategorized