This is precisely what I’d like to do with my wealth when the time is right:
It took decades, but Chuck Feeney, the former billionaire cofounder of retail giant Duty Free Shoppers has finally given all his money away to charity. He has nothing left now—and he couldn’t be happier.
Put this squarely in the corner of
#goals — the reason it would be fun to make a ton of money is to then give it all away.
In fact, that’s already the plan — I’ve told my kids that they shouldn’t plan on inheriting much (if anything) because the goal is to give it all away before I die.
I’ve said this many times but I’m more sure of it now than I ever have been: The only good reason to make a ton of money is in order to support folks who can’t and who may not have the same amount of opportunities that you and I have.
And, on a more personal note, I feel blessed and fortunate to be able to make money in the way(s) that I do and I know that many others, even close friends of mine, are not able to do what I do, especially via the comfort of their own home.
Consequently, because of my unique position, I feel that one of the better things that I can do with my time and talent, God-willing, is to make as much money as I can and then give it all away.
Maybe I can become a
former billionaire like Chuck and do it just as he’s done. That would be a life well-spent. Literally.