I really do not understand how people talk about "Being rich / being a billionaire will make you fundamentally unhappy". Damn if I had all the money I have so many good-willed projects I want to throw money at!
It will not make you unhappy. It will just not make you happy. Big difference. The saying "money can't buy happiness" is in fact true no matter how much people want to rationalize the opposite.
Being rich doesn’t make you unhappy.
But spending your life pursuing an unsatisfiable goal (because the goal is “more”) probably isn’t good for your happiness.
Not to mention, there are very satisfying ways to contribute to things you think are important that don’t necessarily involve a lot of money.
Damn if I had all the money I have so many good-willed projects I want to throw money at!
I think this is quite defeatist thinking. A thousand people who donate $400 is also $400k and is well within the realm of most people here. A lot of non-profits also want the thousand people that donate $400, because $400 yearly from thousand people is much more robust long-term funding.
Recently a well-known Dutch journalist, who started an organization to critically follow big tag (and take them to court when necessary), raised 1.3 million Euro. Most of it is from people like you and me, who can chip in 10 Euro monthly. It's reliable, because most people just have a recurring donation set up.
Not to detract from mitchellh's pledge, because ideally you get both types of donations.
Yeah I feel the same about people who say they wouldn't know what to do when they retire. I have so many projects! I guess we are just different...
The kinds of people that become billionaires are not those who are happy, the hole in their sole is why they are billionaires in the first place. Yes there are exceptions, just like with everything.
You should probably have a billion dollars, you would do great things. But you probably shouldn't become a billionaire to get there. Being rich doesn't make one unhappy, but getting there does.
That relentless grind changes a person, much like the ring.
I echo the sentiment in this comment https://news.ycombinator.com/item?id=48630565
Because the most vocal rich people in this age seem to have an unusual lack of empathy and just being able to enjoy themselves.
Yet most wealthy people don't act like that.
The wealthiest man on the planet looks to be quite miserable, insecure and bitter most of the time.
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Money can't buy happiness, but it can buy less unhappiness. There's diminishing returns, of course, but I'd hazard it looks a bit like ln(n), in that the returns are quite significant in the beginning.