Why don't most famous/rich people donate their own money?

Question

Instead of raising the money at auctions and through concerts etc. Why don't they just take the money out of their bank out and give it away?

And why do some Millionaires that are worth well over 25mill only donate like $200,000?

Are they greedy?

The only kind wealthy person I know is Bill Gates, he donated Billions of dollars! Most of it being out of his own wallet.

Answer 1

Because they want to be seen as humanitarian, they don't want to actually be humanitarian.

If I had hundreds of millions of dollars. They're is no way I would leave it all to my children. I will never understand that. What an absolute waste to do that. Why would you set someone up for life, they would never learn anything abiout the real world let alone create more money. It's good to see that Mr. Gates is doing what he is doing.

Answer 2

Some of them do. Bill Gates, for example, has donated billions of dollars to charity. Ted Turner has also donated a lot. I think you are reffering to actors and actresses. You are right about them. Most of them don't care about anyone else, although there are some good actors around.

Answer 3

the man that owns Domino's pizza is doing that too. Oprah gives away money or uses her money to buy things for others. even if they hold a fundraiser, the people that attend are other celebrities and are giving out of their own pockets. they don't hold a fundraiser so they can give to some one else's fundraiser.

Answer 4

Because they're being asked to give money all the time, and they have to be careful not to give it to the wrong people.

Answer 5

I AGREE