Pity the billionaire class. The 0.001% are so unpopular these days that when tech billionaire Michael Dell and his wife announced the donation of $6.25bn into the โTrump Accountsโ of 25 million children, one of the largest single philanthropic donations in American history, Dell had to hurry to assure us that his was not at all about currying favor with Donald Trump.
โI donโt think this is in any way a partisan activity,โ Dell told the New York Times.
Perhaps. Still, the gargantuan contribution to Trumpโs pet program โ a federal payment included in his Big Beautiful Bill Act of $1,000 into an account bearing his name for every kid born during his presidency โ does nothing to dispel the creeping feeling that philanthropy is not quite the do-gooder thingy itโs long been billed to be but rather a tool to curry favor with those in power.
One canโt but reca
Continue Reading on The Guardian
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.