Friday, October 07, 2011

It didn't take long for the media buzzards to start feeding on Job's carcass

Geez, the guy's body isn't even cold yet.

For the record, the Gekko household has one Apple product in it; Mrs. Gekko's iPod. With that said, it would be foolish for someone like me to deny the impact Apple has had on the technology business over the past ten years.

And if Steve Jobs wants to bank all of his 8 billion dollar fortune, give it all to charity or hand it to his garbage man is really of no concern of mine. He earned it.

But that's not enough for the do-gooder media...........
For one of the nation’s most famous billionaires, Steve Jobs kept a low profile as a charitable donor.

Unlike fellow tech leaders Bill Gates and Mark Zuckerberg of Facebook, he did not sign the Giving Pledge, the effort under which the nation’s richest individuals commit to giving at least half their wealth to philanthropy.

His name is absent from the list of gifts of $1 million or more maintained by Indiana University’s Center on Philanthropy.

And it wasn’t until after an unflattering media report about Jobs on the subject over the summer, that Apple in September initiated a “matching gifts” program, under which donations to philanthropies made by employees are matched by the company.

Now what will happen to Jobs’s fortune — Forbes has estimated his net worth at $8.3 billion — is a matter of speculation that is provoking discussion both about Jobs and the societal obligations of the very rich.

How about the societal benefits he's provided to the average American that made him rich? I think I should be worth 8 billion but somehow society hasn't found my contributions to society worth that much.

Kind of funny how they specified Gates and Zuckerman who have had a nice history of burying totally legitimate businesses to maintain their dominance in the technology sector. But it's all good if you give to charity afterwards.


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