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ChickeNES • yesterday at 10:50 PM • 1 reply • view on HN

And ditto UChicago, Griffin and the Pritzkers have both donated massive sums (Griffin Dept of Econ, Pritzker School of Medicine)


Replies

alephnerd • yesterday at 10:57 PM

Yep. It's basically noblesse oblige. At that level and stage of life, the main driver is legacy building ("will I be in the history books").

If someone wanted to live hedonically, you don't need to be a billionaire - a $15-20M net worth would be more than enough.

Those who make the jump from VHNWI to UHNWI have a whole different mindset and viciousness.

JB's philanthropy tends to target Duke and Northwestern (his alma mater).