If you had $1 billion, what would you do?

On Monday, 96-year-old Ruth Gottesman, a former professor at Einstein, announced the donation of Berkshire Hathaway shares worth $1 billion to the Albert Einstein College of Medicine.

The 1 bln Berkshire shares come from an unexpected inheritance by her late husband when he passed away in 2022.

Ruth said

"I want to support students at Einstein College so they can attend tuition-free."
The Albert Einstein College of Medicine stated in a press release that Ruth's donation is so significant that it will permanently cover the tuition of students at the medical school.

All current fourth-year students will receive reimbursement for their spring 2024 tuition, and starting from August, all current and future students will attend tuition-free.

If you had $1 billion, what would you do?

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# If You Had $1 Bln, What Would You Do?

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  • MHh
    ·02-28
    TOP
    Definitely will have the means for such philanthropy. But also will invest it so that it remains sustainable to continue such works. Of course, treat self and family too.
    @Universe宇宙 @Fenger1188 @SPOT_ON @DiAngel @AliceSam @rL @Kaixiang @HelenJanet @Success88 @SR050321 come join
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    • Universe宇宙
      [Chuckle]
      02-28
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    • SPOT_ON
      [love you] [Surprised]
      02-28
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    • SR050321
      Wow lets do it 👍
      02-28
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  • Success88
    ·02-28
    TOP
    If i have $1 Billion i will definitely 60% put on stock especially buy bank stock to earn dividends in Singapore. and 40% will use for my own. Be it put in multiple basket like fix deposits, insurance, travel with family and etc.
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  • nomadic_m
    ·02-28
    TOP
    my house is worth $1mil. multiply that by 1000 = $1bil. im sorry. am I the only person who cannot grasp/comprehend the amount/value of $1b?! I simply cannot

    id probably use 1% to pay off the mortgage, set up a trust fund for kids, reinvest & retire with the gains of reinvestment. 99% to be donated to various causes that empower kids. they are our future

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  • Barcode
    ·02-28
    If I had $1 billion, I would consider investing a portion of it in sustainable projects and technologies, donating to charitable causes, supporting education and research initiatives, and ensuring financial security for myself and my loved ones.
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  • SR050321
    ·02-28
    TOP
    So nice to be rich and generous, at some stage money got to give away because have enough and want to make other happy, $Berkshire Hathaway(BRK.B)$ is really good to invest long term 😍
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    • SR050321
      My dream to open business that can create a better life as many human can be, village can be self sufficient so that no youngsters need to leave their parents to work in the city.
      02-28
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  • @MasTidar

    @BeingLucid

    @Alubin

    @highhand

    @SR050321

    @Success88

    @Barcode

    @Kok

    @MHh

    @zerolih

    @nomadic m

    @DiAngel

    Thank you for commenting on my post. Your coins have been sent to your account~ Don't forget to check your tiger coins💖

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  • zerolih
    ·02-28
    Honestly, I'll utilize it on my needs before considering to do charity. First of all is to settle all my loans, keep part of the money in fixed deposits (low risk) and invest in stocks/mortgage (medium risk), and then fulfill my family's needs. I'll prefer to help out the  community around me since I'm more familiar with their condition rather than strangers.
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  • DiAngel
    ·02-28
    I would donate all to charity as 財多身子弱 and to cut down my income tax. [Smile][Happy][LOL] I googled last year that any excess deduction from donation can be carried forward to other years. Not a bad idea. [Smile]. Doing good deeds and also bringing down my income tax. 🤗🤭😇


    I believe Ruth does such act as she has more than what she could spend in her life. She is bringing joy to those who cant afford medical school. I saluate her! 🫡


    Of course, this 1bil has to be my surplus on top of investment and living expenditure. Otherwise, there is no way i can survive in SG - cost of living is so high 😓

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  • Kok
    ·02-28
    If I had a 1bn windfall, I would donate 20% of it, gift 10% to my family, spend 1% of it, then invest all of the rest so that I can stop working for money and do what I enjoy aka FIRE. But.... that's just a dream... So stop dreaming and carry on working!
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  • highhand
    ·02-28
    Quit job
    Split money into 3 portions. Invest, Spend, Donate.
    With the free time I have, spend with loved ones, travel, hobbies, keep fit, and so much more.
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  • Alubin
    ·02-28
    Donate a portion, spare another portion for loved ones and likely invest the rest in sustainable dividend stocks for continual dividend.
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  • BeingLucid
    ·02-28
    I would set up an account at vets in New Zealand, where anyone can go in and get their pet desexed and microchipped free of charge.
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  • well, donation won't last longer but it put in sovereign fund it would be great benefit for generations.
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  • 一部分回馈社会,另一部分投入股市赚取盈利
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  • AliceSam
    ·02-28
    睡觉💤睡熟了做梦💭[笑哭]
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  • 1B? haha. Dreaming 🤣🤣🤣
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