Now that is stupid on his behalf as he already lost 50% "devalued" with the recent recession and dollar becoming worth less that used toilet paper, now he wants to cut he pre-recession money into 25% or even 12.5% .
The good side is that it will go to charity's that will likely only end up producing less that 12.5% of his "100%" donation to the people that need it if even that much might end up with the needy.
"Commisions, bribes, fee's, excuses, fraud ect. at charity's eating away at this donations"
Haiti Red Cross all over again. "US$37,500.00 per human on Haiti" is available yet they still starve and have no homes dew to greed at Red Cross.
His money must be worthless to him as he could not spend it and even if he could make use / spend it on something there is nothing worth buying with that type of money.
He must be extremely miserable with all that money and nothing to do with it + tax eating away at what remains.
If only the USA was progressive + expansive like "Dubai UAE" and caring about their citizens like UAE then maybe the USA like Dubai would be over successfully and he could actually "democracy" invest and enjoy his money while helping others.
Free schools, free university's, 0% interest on loans "pay some extra back to help others", real updated technology, free updated hospitals or "Dubai/European" 10 year old technology that still has to be invented in the USA "not here yet"
Heck why does he not just buy one of the USA bankrupt states like Arizona or something smaller that has intelligent life living there unlike "Redneck-Zona"
This way he could help much more people with great ideas "NOT-Arizona people" and fund useful helping project like solar panel manf. + Solar power plants ect.
Extremely upset USA citizen here.