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Buyer in Arkansas wins $1.8 billion stocking stuffer in Christmas Eve Powerball drawing
(www.nbcnews.com)
this post was submitted on 25 Dec 2025
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If you read The Rich and the Super-rich, he talks quite a bit about how they make use of foundations to keep money out of the hands of the public.
The book is pretty old now, but I doubt the game has changed all that much.
I doubt it's any coincidence that all these new money players - Zuckerberg, Musk, Ellison, and Gates all have foundations...all of that money would likely be better managed by public initiatives (assuming we don't have insane administration like we do right now, of course), but due to their personal arrogance and the secret mission of PRESERVING wealth, they form these foundations.
And quite a few people think that these guys are really the best people (due to Worthington's Law) to oversee and direct money at various problems to be solved - call me skeptical, even in the case of Gates, who may actually be sincere in some things and have the aptitude for it.