Mexican billionaire Carlos Slim, the richest man in the world, was asked recently by two of the next richest men in the world, Bill Gates and Warren Buffett to give 40 to 50 per cent of his wealth to charity. Slim, who has been hugely charitable, gave what was one of the most honest answers to the Gates-Buffett beg fest. He said, trillions in charity and it has not improved the employment options of most people in the world which is what they really need.
Obviously, people have been helped who could not help themselves. But he made an amazing point that we should all consider: “To give 50%, 40%, that does nothing,” Slim said. “There is a saying that we should leave a better country to our children. But it’s more important to leave better children to our country.”
The sad truth of this is that Gates and Buffett would do much more for the world if they would encourage world citizens to install governments that reward entrepreneurs who provide employment for their citizens, than to trying to horde the money and distribute it through socialist organizations who promise much and deliver little and control a lot. Help people help themselves so they can be free of the shackles of totalitarianism and government control of business as is happening in America today with the policies of Barack Obama.