Steve Jobs' 'curious' lack of public philanthropy

The Week: Bill Gates and Warren Buffett make a point of giving away most of their wealth. Should the Apple founder be criticized for not doing the same?

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koehler832656d ago

Philanthropy is a scam. As long as he pays all of his taxes, that's all I care about.

Shackdaddy8362656d ago

Well, philanthropy promotes progress in society so I don't think it's a scam(depends in some circumstances though). But, it's Jobs's money so he should be allowed to do what he wants with it. It's wrong for society to decide what someone should spend their money on.

If I'm a billionaire though, I would probably be a philanthropist.... Just sayin :)

The Great Melon2655d ago (Edited 2655d ago )

Once you become a multi-millionaire or a billionaire what else are you supposed to do with your money? Unless your investing it in future technologies, science or business, there is a limit to how much you can buy for personal enjoyment. There is no point on sitting on a pile of money that you don't use.

koehler832655d ago

@The Great Melon

The problem with philanthropy and charitable organizations is that's what they do with it. They take the money and they sit on it to collect interest. They use the interest to engage in whatever good they may actually achieve.

There would be a certain hypocrisy in Steve Jobs contributing money or aid to struggling economies when his company uses such a large amount of blood minerals, contributing to much of the strife philanthropists claim to oppose.

The best thing he could do would be to encourage his company to create a cheap-as-dirt iPad alternative for third world education.

outwar60102656d ago

neither does a sith lord. anyone else see a connection?

DiabeticJedi2656d ago

I have worked with some former Apple employees who have told me about a few things that Apple/Jobs as done in the past as well for various groups without promoting it at all or even wanting people to know about it.

zoks3102656d ago

The man have contributed enough to the world in the forms of technology that changed society (mostly western) and the lives of the people that live within them.

So he can keep the money we gave him.

The Great Melon2655d ago (Edited 2655d ago )

While I have never invested in anything made by Apple, I am thankful that they managed to kick the phone industry in the a$$ causing the advent of smartphones becoming mainstream. I hope Microsoft, Apple, and Google continue to twist the arms of the telcom companies with the realization that they are nothing but a data pipe. Texting plan?!? Tethering plan?!? B!S!