• ideonek@piefed.social
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    15 hours ago

    I reserve my praises until I learn how exactly he gave away the money. Family-controlled foundations that only do political lobbing while avoiding taxes are a thing .

    • frongt@lemmy.zip
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      10 hours ago

      I wasn’t able to find details with a quick search, but it sounds like it wasn’t his own foundation:

      After the AppNexus sale, O’Kelley and his wife carefully chose which causes to support. Their donations focus on education, social justice, technology access, and healthcare initiatives.

      https://www.ceotodaymagazine.com/2025/08/could-you-give-away-1-5-billion-like-this-ceo/

      Perhaps the only good billionaire is one who isn’t.

      • UnderpantsWeevil@lemmy.world
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        9 hours ago

        Their donations focus on education, social justice, technology access, and healthcare initiatives.

        Okay, but you realize the could just be the Gates Foundation, right? Or whatever bullshit charity Zuckerberg runs?

    • CharlesDarwin@lemmy.world
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      6 hours ago

      I don’t know if there is something much newer and more focused on the foundation aspect, but The Rich and the Super-Rich spends a bit of time on discussing foundations and how they work to preserve wealth.