How much wealth would you accumulate before giving the rest to charity?

[Loppan Torkel]

The question is not "When do you start giving to charity?", but "At what point do you have enough wealth that you feel that instead of increasing your wealth further, you just share the rest to some starving child or similar?"


I'm just curious to see if there's some threshold where the unshared wealth is seen as morally wrong. Where is that threshold for you, at today's dollar value?

 

[GhostWriter16]

First of all, just because I'd give it up doesn't mean I think its inherently wrong not to do so.

I can't imagine ever under any circumstance keeping more than a billion dollars unless I was using it for the purpose of creating jobs, or funding a Presidential candidate.

I may keep less than that though.

 

[rugbyLEAGUEfan]

Roughly $100,000,000,000

 

[Loppan Torkel]

First bid at a billion dollars. I'm assuming that's a milliard dollars....

 

[Zack]

What's the context? Am I 85 and single, or 45 with four kids at private universities?

 

[ace99]

It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses.

You're asking for my number? More.

 

[rugbyLEAGUEfan]

It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses.

thought I'd let you know that's funny, before people who don't get the reference start unloading on you.

 

[Loppan Torkel]

What's the context? Am I 85 and single, or 45 with four kids at private universities?

You're you now and you're setting a cap for your future self.

 

[Murky]

Probably about 2 million (adjusted for inflation) would be plenty for one person. That should be more than enough to do the things you want to do for the rest of your life.

 

[GhostWriter16]

Being rich and living the luxury lifestyle might be fun. That and buying the Presidency (Maybe not for myself.)

I'd definitely give a LOT of that money away after dying though, rather than giving it all to my kids.

 

[Arakhor]

I could live happily on £1 million, so let's say £10 million and I'm set for life.

 

[Phrossack]

I need about tree fiddy.

 

[rugbyLEAGUEfan]

Probably about 2 million (adjusted for inflation) would be plenty for one person. That should be more than enough to do the things you want to do for the of your life.

I disagree. Not because I'm greedy (selfish I'll concede) and want to horde the cash but because $2,000,000 wouldn't even cover my house. I'd also travel the world first class, see great natural wonders, go to every great sporting event, hire Downtown for the day etc etc.

 

[Borachio]

No one needs more than enough. So, then.

You're walking around blind without a cane, pal. A fool and his money are lucky enough to get together in the first place.

 

[ace99]

thought I'd let you know that's funny, before people who don't get the reference start unloading on you.

I threw something in the kids might recognize.

 

[Zelig]

I disagree. Not because I'm greedy (selfish I'll concede) and want to horde the cash but because $2,000,000 wouldn't even cover my house. I'd also travel the world first class, see great natural wonders, go to every great sporting event, hire Downtown for the day etc etc.

Would the interest on $2m cover your house?

 

[rugbyLEAGUEfan]

Would the interest on $2m cover your house?

I'm not sure I understand (it's 7.00am mind you). I guess I mean I would want at least two, maybe three houses in different countries and money to go berserk on an international scale. So $2,000,0000 is well off the mark.

 

[Zack]

You're you now and you're setting a cap for your future self.

So you're simply trying to subtly paint everyone as greedy bastards - nothing more, nothing less?

 

[Borachio]

It's not greed. It's need. If you need zillions, you need zillions.

 

[Joecoolyo]

Enough so I can hold cage matches for the president's of various charities.

Winner gets to beg me for money.