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You
cannot take your money with you, so why not put it to good
use
As the world population explodes, there are proportionally
more billionaires
on the planet, the product of exploiting manufacturing and
selling of products and services. Meaning of course, that
there will be proportionally more poor people, who are being
exploited. There is though nothing wrong with making money,
provided that it is put to good use. Since, money is just a
tool to accomplish things. Not a pile of paper notes to be
counted for pleasure, or vaults of gold or
jewels. Though,
the latter would be preferable, since at least is looks
better than a stack of pulp, or a digital display, when
online banking.
It
is a sobering thought, that in order to make money, energy
has to be used, mostly from the burning of fossil
fuels. Hence, making money generates a large carbon
footprint,
where a responsible attitude to increasing greenhouse
gases,
would and perhaps, should be, to offset the CO2, as far as is
practical.
That
is why many wealthy people set up charitable foundations.
Donating substantial sums to good causes.
6. WARREN BUFFET
Age: 92
Residence: Nebraska
CEO: Berkshire Hathaway (BRK.A)
Net Worth: $103 billion
Berkshire Hathaway Ownership Stake: 16% ($102 billion)
Other Assets: $1.05 billion in cash
The most famous living value investor, Warren Buffett filed his first tax return in 1944 at age 14, declaring earnings from his boyhood paper route.
He first bought shares in a textile company called Berkshire Hathaway in 1962, becoming the majority shareholder by 1965. Buffett expanded the company's holdings to insurance and other investments in 1967.
Berkshire Hathaway is now a $657 billion-dollar market cap company, with a single share of stock (Class A shares) trading at more than $443,841 as of Nov. 1, 2022.
Widely known as the Oracle of Omaha, Buffett is a buy-and-hold investor who built his fortune by acquiring undervalued companies.
More recently, Berkshire Hathaway has invested in large, well-known companies.
Its portfolio of wholly owned subsidiaries includes interests in insurance, energy distribution, and railroads as well as consumer products.
Buffett is a notable Bitcoin skeptic.
Buffett has dedicated much of his wealth to philanthropy. Between 2006 and 2020, he gave away $41 billion—mostly to the Bill & Melinda Gates Foundation and his children’s charities.
Buffett launched the Giving Pledge alongside Bill Gates in 2010.
Now 92 years old, Buffett still serves as CEO, but in 2021 he hinted that his successor might be Gregory Abel, head of Berkshire’s non-insurance operations.
THE
TOP TEN RICHEST - 2022
1.
ELON MUSK
2.
BERNARD ARNAULT
3.
GAUTAM ADANI
4.
JEFF BEZOS
5.
BILL GATES
6.
WARREN BUFFET
7.
LARRY ELLISON
8.
LARRY PAGE
9.
MUKESH AMBANI
10.
SERGEY BRIN
JOHN
STORM & THE CURE FOR CANCER
In
this work of fiction, antagonist, Musket
Meloni is fast approaching becoming the world's first
trillionaire. He's had a brush with cancer, and is looking
for a cure, should it return and spread. When he learns that
John Storm has cured Pope
Peter Benedict, who had stage IV, advanced cancer,
having spread to lymph nodes, other organs and tissues of
his body, he was immediately interest in acquiring the
asset, in company takeover style.
Musket
Meloni had stage two cancer. It had grown, but not spread.
The treatments seemed to be keeping the disease at bay. But
for how long?
REFERENCE
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