news.volyx.in

The founder of Craigslist has given away half a billion dollars (independent.co.uk)

419 points by Tomte · 71 days ago · 321 comments on HN

Article summary

Craig Newmark, the founder of Craigslist, has given away half a billion dollars to charity since founding the company 30 years ago. He has signed The Giving Pledge, a philanthropic campaign that encourages the ultra-rich to give away vast sums during their lifetime. Newmark's philanthropy is rooted in his childhood lessons on kindness and treating others with respect. He believes that giving back is important and that others with vast fortunes should consider doing the same.

Main themes

  • Philanthropy
  • Wealth inequality
  • Social responsibility
  • Charity
  • Giving Pledge
  • Morality

What commenters say

  • Some people view philanthropy by the wealthy as empty words and believe it may be too late to make a positive impact on the working class.
  • Others argue that billionaires cannot be truly philanthropic because their wealth is often built on exploiting others.
  • The idea that a $6 million house can be considered 'modest' is debated, with some arguing it is relative to the individual's wealth bracket, while others believe it is not modest by any standard.
  • There is a perception that the wealthy are out of touch with the struggles of the working class and that their philanthropic efforts are not enough to address the issues of wealth inequality.
  • Some commenters believe that modesty is a relative term and that Craig Newmark's purchase of a $6 million house can be seen as modest compared to what he could have afforded.
  • Others argue that the concept of modesty is not relative and that a $6 million house is not modest by any definition.
  • The discussion also touches on the idea that the wealthy have a responsibility to give back to society and that those who do not are being selfish.
  • Some people question the motivations behind philanthropic efforts, suggesting that they may be driven by a desire for prestige or to alleviate guilt rather than a genuine desire to make a positive impact.