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Sorry kids, I'm giving away my millions

australian largest donation university students money is poisonous

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#31 OP Hum

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Posted 10 February 2013 - 00:04

People are individuals -- not all are spoiled by money.

I wouldn't shower kids with money, but I also wouldn't just kick them out the door at 18, and tell them they are entirely on their own.


#32 Raa

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Posted 10 February 2013 - 00:07

"Generally speaking, if you look at the people in Australia that have got huge amounts of wealth, without naming any, they generally have not put the majority of their wealth behind strong philanthropic causes," he said.

"And unfortunately in some cases they pass the wealth down to later generations who have behaved badly.


This.

#33 -Razorfold

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Posted 10 February 2013 - 01:10

People are individuals -- not all are spoiled by money.

I wouldn't shower kids with money, but I also wouldn't just kick them out the door at 18, and tell them they are entirely on their own.

Where are people getting that he's kicking out his kids and not giving them a cent from?

It clearly says in the article that his kids education will all be paid for and they will be set up for a good life. He just isn't giving his kids millions of dollars and letting them do w/e they want with it.

#34 OP Hum

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Posted 10 February 2013 - 03:21

^ The same as I, then.

#35 +hedleigh

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Posted 10 February 2013 - 05:10

^ The same as I, then.


So you posted the article without reading it? Oh Hum. :o :laugh:

#36 OP Hum

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Posted 10 February 2013 - 16:30

^ I posted what I personally would do with that many millions.

My replies had nothing to do with the dad, or what he should do.

#37 Growled

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Posted 11 February 2013 - 02:50

It's their money to do what they want with it, but there are ways to limit their kids from having all that money which they seem to fear will spoil them without giving it all away.