But I would like to point out something about celebrity charity. While yes, a million is a lot of money, it’s not… that much.
Dolly Parton is estimated to be worth 650 million. Ofc that’s different from how much liquidity you have, but still. Let’s say it’s a few hundred million at least.
If I had a few hundred in my account and gave $1 to a homeless person, it wouldn’t be that generous of me, surely.
Still, Parton is a great celebrity and this is a big donation as far as charity goes. Just saying about rich people charity in general. Seems a lot bigger to non-millionaires.
I regularly donate tens of times more relative to my net worth.
And I think a lot of people do. Probably most people who give to charity.
So the news here is that a rich person is giving moneys, yes, but also relatively less compared to their personal net worth than most people who give to charities.
It’s still good, a million should help some I should think. Not like fix infrastructure help (FHWA today announced the immediate availability of $100 million in Emergency Relief funds for the North Carolina Department of Transportation), but definitely “feed and supply a lot of people” help.
I’m not criticising Dolly Parton, I just pointing out we fawn over donations that are arguably less generous (while being larger in sum) because of the relative net worth.
I know it’s not accurate but I’m lazy; googling US median net worst give ~190,000 dollars. Googling median charity donation US gives “For middle income earners, the average yearly charitable donation is approximately $3,296”
Again, nothing against Dolly Parton, she’s an amazing person. I commenting on the system we live in, rather.
Oh this is great, don’t get me wrong.
But I would like to point out something about celebrity charity. While yes, a million is a lot of money, it’s not… that much.
Dolly Parton is estimated to be worth 650 million. Ofc that’s different from how much liquidity you have, but still. Let’s say it’s a few hundred million at least.
If I had a few hundred in my account and gave $1 to a homeless person, it wouldn’t be that generous of me, surely.
Still, Parton is a great celebrity and this is a big donation as far as charity goes. Just saying about rich people charity in general. Seems a lot bigger to non-millionaires.
0.001% of your net worth is a pretty generous donation. Not sure what your point is here.
I regularly donate tens of times more relative to my net worth.
And I think a lot of people do. Probably most people who give to charity.
So the news here is that a rich person is giving moneys, yes, but also relatively less compared to their personal net worth than most people who give to charities.
It’s still good, a million should help some I should think. Not like fix infrastructure help (FHWA today announced the immediate availability of $100 million in Emergency Relief funds for the North Carolina Department of Transportation), but definitely “feed and supply a lot of people” help.
I’m not criticising Dolly Parton, I just pointing out we fawn over donations that are arguably less generous (while being larger in sum) because of the relative net worth.
I know it’s not accurate but I’m lazy; googling US median net worst give ~190,000 dollars. Googling median charity donation US gives “For middle income earners, the average yearly charitable donation is approximately $3,296”
Again, nothing against Dolly Parton, she’s an amazing person. I commenting on the system we live in, rather.