Not all wealthy people are jerks, greedy and "me" people. I knew some kids from a wealthy old money family and the only way they could get access to their trust fund was to first take a job where they had to support themselves. This taught them the value of money. It was also a very liberal family who did good things with their money and helped others.

When you have wealth you have responsibility. Many people don't think about that. We have libertarians and conservatives who apparently dream of winning the lottery and don't want to lose a lot in taxes. Geez, they got that money for 1 or 2 dollar investment and they care about a percentage of it going to taxes? They'll still be very rich. Of course many of them will blow that money.

And Cook investing in TM would be a bad investment.


On 03/28/2015 09:53 AM, [email protected] [FairfieldLife] wrote:

One wonders why some rich people are doing this. Are they in tremendous pressure from the IRS and others from keeping their wealth? Does his wife and children agree with this decision?


Also, the TMO should offer Cook a rajah position to take advantage of his philanthropic personality.


David Lynch and John Hagelin where are you?


Tim Cook will give away his fortune to charity <http://finance.yahoo.com/video/tim-cook-away-fortune-charity-173020872.html>



        
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Tim Cook will give away his fortune to charity <http://finance.yahoo.com/video/tim-cook-away-fortune-charity-173020872.html> Watch the video Tim Cook will give away his fortune to charity on Yahoo Finance . Give it away now! Time Cook to donate fortune to charity
        
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