Chapter 439 Charity Controversy

Yang Cheng waved his hand to stop the waiter from coming forward to greet him, and took Jack Ma straight to the salon area on the right side of the restaurant. The owner of today's dinner, the old stock god, was talking about his charity philosophy to a circle of 'believers', "In 2006, I have pledged to gradually donate all of my Berkshire Hathaway stock to philanthropic foundations, a decision that shocked the world at the time, and my joy remains unmatched to this day.

Now, Gates, Melinda, and I have advocated for hundreds of wealthy Americans to pledge at least half of their wealth to charity.

And on an occasion like this, I think it's an opportune time to restate my message and explain the considerations that went into my decision.

I have also promised in front of the media: I will donate more than 99% of my personal wealth to charity organizations during my lifetime or when I die. I cannot ask everyone to be the same as me, but I hope everyone can join our charity cause Jolywood, together with the rich in the United States, donates half of their personal wealth and contributes to the needy people around the world. "

Yang Cheng listened for a while, and then prepared to take the old horse and escape. The old stock god now persuades everyone, and talks about charity every time he comes to an occasion, as if he committed a heinous crime if he didn't donate half of his wealth. Many European and American rich men have been annoyed by the old stock god and Bill Gaizi, and promised to donate half of their wealth to seek peace.

Unexpectedly, the old stock god spared no effort to apply his tricks to Davos. As he said, there is no better opportunity than this. The Davos Forum brings together the world's top rich and elites. Needless to say, Even if you can fool one-tenth of it, that would be an astonishing fortune.

Yang Cheng sometimes thought maliciously that the old stock god and Bill Gaizi would not be worried that their status as the richest man would be overtaken by a latecomer, so they came up with such a conspiracy to force everyone to disperse their wealth in order to stabilize their current wealth status Bar?

Well, he admits that he has a bit of a villainous heart, but who makes the facts so cruel, thinking about the worst in everything will at least make him feel better.

While he was thinking wildly, the old stock god was still making a very provocative speech, "Today, millions of people often donate to churches, schools and other institutions, thus giving up using the money to satisfy themselves and their families. need, they put money in a donation box or donate to United Way, meaning they forego the opportunity to see a movie, eat out, or other personal enjoyment, compared to me and my Your family does not have to give up any personal needs.

Not only that, but this commitment does not require me to dedicate my most precious asset—time, which I am proud to say, including my three children, who spend a lot of time using their talents to help others. The value of dedication is often far greater than money. For a child in trouble, the friendship and care of a teacher are far beyond what a check can buy.

However, all I can do is take out a bunch of Berkshire Hathaway shares. These "withdrawal certificates" can be converted into cash to buy a lot of resources to benefit those who have been lost due to the unfairness of fate. People who suffer from life's unhappiness.

To date, I have given away 20% of my stock, including my late wife Susan Buffett, but that is not enough and I will continue to donate around 4% each year until I have 100% of my stock. Berkshire Hathaway's holdings were distributed to various aspects of philanthropy within 10 years after my estate inventory was completed.

And I promise that all my money and your future donations will never go to the endowment fund. I hope that the money will be used to solve real needs.

This commitment will not make any difference in my life or your life, nor will it affect future generations of children, who I am sure have received a large amount of money at their disposal and will have more in the future. I am comfortable and creative, and to some extent, I and everyone in this room will continue to live a life of giving and taking. "

The words of the old stock god are easy to understand.

Even if you donate half of your wealth, it will not have a substantial impact on your current life, and you have already made plans for future generations so that your future life will not be poor, so why keep so much wealth?

At this time, I don't know if it was bad luck, Yang Cheng was about to turn around, but was spotted by the sharp-eyed old stock god, and stopped him, "Jason, don't hurry, what do you think about my words?"

It wasn't until now that everyone realized that there were two more people at the scene, both of whom were yellow-skinned and black-haired. They were not unfamiliar. Both Yang Cheng and Jack Ma were influential figures in the global business world recently, so everyone showed polite expressions. Smile, and welcome the arrival of Yang and Cheng.

Jack Ma returned the salute over there, but Yang Cheng was not in such a good mood. He was tricked once at noon, and now he is here again. Will he let people live? Life is full of pits!

"Warren, on the issue of charity, we have had in-depth and friendly exchanges and reached a consensus, haven't we? However, in front of all the big guys, I also reiterate my commitment. When I reach Warren's age, I must donate half of my personal wealth to charity, and now I am preparing for my future promises. I have to earn more money so that I can donate more wealth to help more people in the future. You Say yes, Warren?"

Jack Ma laughed happily, because the cunning Yang Cheng coincided with his ideas, and also represented the ideas of most rich people. The money he finally earned, he has not enjoyed yet, so why should he divide it first? Out of half? Wouldn't it be better to wait until you've had enough to devote yourself to charity?

The other wealthy people who saw through this point all showed good-natured smiles. Yang Cheng's cleverness resolved the embarrassment of most people. Before Yang Cheng came, they really couldn't find a reason to refuse, and even a few of them had already gritted their teeth and stamped their feet. Ready to spend money on disaster relief.

However, is Warren Buffett so easy to deal with? And how would he let Yang Cheng, the little fox, easily let go? Today he made up his mind to let Yang Cheng bleed, and said again, "I admit that some material things can make our lives more comfortable, but there are also many things that can't. .

For example, it’s good if you have an expensive private jet, which will make your travel more private and safe, and more importantly, save precious time.

But like owning multiple mansions becomes a burden, because the more you own, the more often you are occupied by material things. In my opinion, the most precious wealth I have at present, besides health, is all kinds of things. Interesting and long-lasting friends, if you can combine with like-minded friends to do something meaningful, then the value of wealth will increase several times. "

Knowing that he couldn't escape, Yang Cheng just sat down on the sofa, ordered a glass of red wine, and argued with the old stock god, "Then Warren, since you admit the convenience brought by wealth, how can you guarantee this kind of convenience?" Convenience lasts?

Taking your example as an example, it costs at least a million dollars a year to maintain a private jet. Taking into account the cost of travel, it is conservatively estimated that it will cost at least 5 million dollars a year. If I donate most of my wealth, I am afraid that the 500 dollars Is it a waste that the private jet can only be sold because it cannot afford the private jet? "

After taking a sip of wine, he added, "Besides, the assets under my name are all high-debt enterprises. Donating half of my wealth is tantamount to ruining my own life. So Warren, don't persuade me. I will do charity. I will do it myself. The Charitable Foundation has a very happy cooperation with Melinda. Various charitable activities are being carried out in an orderly manner. I will track every penny and ensure that the money is used for those who really need help. This is my goal Promise, but so far, I can't follow your and Bill's pattern, sorry."

Yang Cheng is also the first rich man in the world to refuse the invitation of the old stock gods face-to-face in public—to join their charity ranks. In his previous life, this title belonged to an old horse, but now Yang Cheng has taken the lead.

In fact, he said that all the assets under his name are in a state of high debt is pure nonsense. Counting the entire Manhattan, at present, the various companies under New Era Media, except for their own debts, do not have any loans. The debt ratio is almost one of the lowest. All the banks can't wait to send someone to Yang Cheng to ask him for a loan, but Yang Cheng doesn't need it. Whenever the company needs a large amount of funds for development, he can always get the money. Since you have money, why bother to make money for the bank?

"It doesn't matter, Jason, philanthropy is based on one's own wishes. I don't force it and no one can force it, but your foundation can't just cooperate with Melinda, and you have to cooperate with my foundation when you find opportunities. "The old stock god seemed very relaxed, and he didn't have any dissatisfaction with Yang Cheng's refusal. If he lived to his age, and still couldn't see it because of this, his success in this life might be questioned.

Yang Cheng shrugged, "I wish I could, but at present, my foundation's main energy is focused on teenagers and vulnerable groups of women."

"Of course, this is what I care about the most." The old stock god seems to be determined to cooperate with Yang Cheng, no matter what reason he finds, he can accept it. .

However, before the dinner officially started, the old stock god still tirelessly conveyed his charity philosophy to others, while Yang Cheng greeted Jack Ma, holding a glass of wine to chat with other old acquaintances, and also inquired about it by the way.

His target is John Paulson, who is known as the "empty god" and "the first hedge fund man". This Wall Street tycoon with a similar oriental face looks extremely tired today. . .

The genius remembers the address of this site in one second:. Mobile version reading website: