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elpajaroquemamais t1_j8wniso wrote

Reply to comment by sPlendipherous in Tyler Perry to donate $2.5M to help older Atlanta homeowners by AmethystOrator

Look, I’m not saying he doesn’t need it more, I’m just saying that’s easy to say. Just because he’s worth a billion doesn’t mean he has a billion in the bank. People conflate net worth with cash. It’s not.

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sPlendipherous t1_j8y6o2a wrote

It's not easy to buy one or two fewer private jets for your private runway? Get real.

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elpajaroquemamais t1_j8y9zsd wrote

Bro, again, a percentage of net worth is a useless statistic. Most of his net worth is tied up in the valuation of his businesses. He doesn’t have a pile of a billion dollar bills laying around.

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sPlendipherous t1_j8ybdxz wrote

Obviously. His net worth is what he can sell it for. Hence, he could donate... maybe 500 million? Hell, he could donate 950 million without any change to his lifestyle at all. He would still have 50 million (50 000 000 usd worth) and can still own his dozen private jets on his private runway, maybe even buy one or one hundred new private runways for his buddies.

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elpajaroquemamais t1_j8yfefs wrote

Of course. He could give up his businesses and give up all his possessions.

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sPlendipherous t1_j8yhrhq wrote

Except for 50 million worth? As I said, it would make no difference to his actual possessions.

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