A thought-provoking article by Zac Bissonnette of Bloggingstocks fame casts a light upon a contrast in the ways that Warren Buffett and Rupert Murdoch have chosen to dole out their hard-earned fortunes. I'd like to state first that I find no fault with either man's choices. Zac posed the question, "If you had a vast fortune, would you leave your children such a large sum of money?" I was going to place my answer in the comment section of Zac's article but I then decided to just go ahead and "run it up the flag pole."
If I was a man of considerable wealth I would be much the same man that I am right now. Of course I would buy my own home and my vehicles would be paid for but I'm sure that my tastes wouldn't change much. I'd buy my friends more lunches, see some additional movies, free my wife from some housework by hiring help and I'd work for the single best employer I've ever had... myself.
As far as being philanthropic, that's always come natural to me. I do for the most part live by a standard which says: "If I have it and you need it, it's yours." Of course this attitude comes fitted with common sense, moderation and a defense against exploitation but basically put, I'll give you what I can. I would expect that if I had bountiful wealth this attitude would remain fully intact though closely guarded.
Would we share our wealth with our daughter Savana? You're damn straight we would.
No, I wouldn't give my daughter big chunks of valueless cash but she'd have every opportunity to earn from my riches. That's the way my father did it with me and though I may not have much in worldly treasure, I have great regard for my dad and I have a pride that only death will separate from me. I expect that I shall be allowed to give this same gift of character and peace to my daughter, regardless of what amount of money may or may not go with it.










