Bill Gates, Jeff Bezos and Sam Altman among billionaires investing in 'Freedom City' to be built on Greenland
jonne @ jonne @infosec.pub Posts 1Comments 4,265Joined 3 yr. ago
jonne @ jonne @infosec.pub
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I mean, the thing is that a donation to philanthropy is tax deductible, so even if you control the charity 100%, it counts. Instead of paying taxes, you're just paying yourself. And once it's in that charity, you can use that money for any charitable cause, even if that cause benefits the non-charitable side of your portfolio. This means that you can
It's not a coincidence he's become richer despite 'donating his wealth'.