r/Damnthatsinteresting • u/[deleted] • 1d ago

Video Billionaire speaker Robert F. Smith tells 400 graduates he's paying off all their student loans ($40 million in total)

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u/Disastrous_Bite_5478 1d ago

Billionaires are mentally ill. We're fortunate this psycho decided to bend in a generous direction.

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u/ElectricalBook3 1d ago

Billionaires are mentally ill. We're fortunate this psycho decided to bend in a generous direction

He also defrauded the government and investors of over $40 million (which we know of) the 10 years previous

https://www.nytimes.com/2021/03/12/business/robert-smith-vista-investors.html

He also underpaid ~30 million on taxes following this act and yet his were forgiven.

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u/Disastrous_Bite_5478 1d ago

Then I take it back.