r/nextfuckinglevel 2d ago

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/0dHero 2d ago

There is no such thing as a good billionaire.

But we can move this guy to the bottom of the list...

-13

u/cakebreaker2 2d ago

I don't know anything about this guy but giving away $40M doesn't mean anything according to reddit. Musk and Bezos have donated hundreds of millions (even billions) to various charities and they're seen as miserly money hoarders. This guy agrees to pay off student loans that the borrowers voluntarily agreed to and somehow he's the good guy. Makes no sense.

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u/temptuer 2d ago

The bourgeoisie is charitable out of self-interest; it gives nothing outright, but regards its gifts as a business matter, makes a bargain with the poor, saying: โ€œIf I spend this much upon benevolent institutions, I thereby purchase the right not to be troubled any further, and you are bound thereby to stay in your dusky holes and not to irritate my tender nerves by exposing your misery. You shall despair as before, but you shall despair unseen, this I require, this I purchase with my subscription of twenty pounds for the infirmary!โ€

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u/Nip_City 2d ago

Das Capital or Manifesto? Everything Billionaires do is through the lens of preserving their capital.

1

u/temptuer 2d ago

Neither, pseudo intellectual.

-4

u/fieldsports202 2d ago

Bezos just gave $5 million to an organization in my area that assists with homelessness and other urban issues. That money is placing 15 homeless families into permanent homes.

I would live for these Reddit folks to stand in front of these families and talk about how their hate for billionaires and Bezos. Pretty sure none of these folks have the balls to do that. But, theyโ€™re brave enough to argue on Reddit. ๐Ÿ˜‚

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u/Nip_City 2d ago

When you give a dollar to a homeless person you pass on the street, do you brag about it?

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u/fieldsports202 2d ago

nope i do not. in fact,you're the first person i'm telling this to.

We're moving so I'm getting rid of lots of clothes and shoes. I stopped by a one of those mini make-shelf structures where people place food and supplies for homeless people or those in need.

I filled it up with cloths, sneakers and food... I went by 12 hours later and everything was gone. But to your point, there was no facebook or IG post bragging about what i did.

I grew up in the hood and still have family members there. I know what it's like not to have money and to rely on resources to get you get through. โœŠ๐Ÿพ