http://www.stuff.co.nz/stuff/0,2106,3626414a10,00.html    He doesnt need the money, his son doesnt.  So he is giving it to c ... 
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Gareth Morgan Gives Away $47m


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Henry Dorset Case
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Joined: Apr 10, 2002
Posts: 10,326
Location: Talos IV

PostPosted: Tue 4/Apr/06 9:15am    Post subject: Gareth Morgan Gives Away $47m Reply with quote Report Abuse

http://www.stuff.co.nz/stuff/0,2106,3626414a10,00.html

He doesnt need the money, his son doesnt. So he is giving it to charity.

Then he is buggering of for four months to ride his motorbike.

Good bloke in my view.
I
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Henry Dorset Case
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Joined: Apr 10, 2002
Posts: 10,326
Location: Talos IV

PostPosted: Tue 4/Apr/06 9:32am    Post subject: Reply with quote Report Abuse

Gareth Morgan wrote:


Investors who want to just hand their funds over and forget about them thereafter are naïve, reckless and asking for a hiding.

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Sims
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Joined: Aug 21, 2002
Posts: 5,111
Location: Auckville

PostPosted: Tue 4/Apr/06 9:39am    Post subject: Reply with quote Report Abuse

Good on him. Takes a happy free man, to give away 47mil… Double Thumbs Up
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jeremyb
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Joined: Jan 12, 2003
Posts: 32,882
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PostPosted: Tue 4/Apr/06 9:46am    Post subject: Reply with quote Report Abuse

Yep, legend, I need a new road bike, I wonder where the queue starts Eh?
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Henry Dorset Case
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Joined: Apr 10, 2002
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PostPosted: Tue 4/Apr/06 11:21am    Post subject: Reply with quote Report Abuse

sell me your VP free for $500 and you'd have a deposit
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Slim
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PostPosted: Tue 4/Apr/06 12:36pm    Post subject: Reply with quote Report Abuse

Sims wrote:
Good on him. Takes a happy free man, to give away 47mil… Double Thumbs Up



It's not like he needs to provide for his kids or anything Wink
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atsunD
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Joined: May 03, 2004
Posts: 535
Location: Melbourne, Oztraya

PostPosted: Tue 4/Apr/06 12:42pm    Post subject: Reply with quote Report Abuse

yeah that's a big move
he could have kept half and still be seen as just as charitable
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fandangle
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Joined: Apr 15, 2005
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PostPosted: Tue 4/Apr/06 12:43pm    Post subject: Reply with quote Report Abuse

wow!!! that's awsome!!!!
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snr_merv
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Joined: Feb 15, 2004
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PostPosted: Tue 4/Apr/06 12:54pm    Post subject: Reply with quote Report Abuse

Good on him for doing something good for the world with it, rather than squandering it all on unnecessary materialistic parc!
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phunk
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PostPosted: Tue 4/Apr/06 12:57pm    Post subject: Reply with quote Report Abuse

Good on him I suppose, but he could have invested the money and created more wealth, therefore increasing the living standards of everyone...
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james
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Joined: Feb 09, 2004
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Location: land of the long white latte

PostPosted: Tue 4/Apr/06 1:04pm    Post subject: Reply with quote Report Abuse

phunk wrote:
Good on him I suppose, but he could have invested the money and created more wealth, therefore increasing the living standards of everyone...


Exactly, what does he know? He probably digs drains for a living. Eh?
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Tama
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Joined: Dec 25, 2001
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PostPosted: Tue 4/Apr/06 1:17pm    Post subject: Reply with quote Report Abuse

james_giant wrote:
phunk wrote:
Good on him I suppose, but he could have invested the money and created more wealth, therefore increasing the living standards of everyone...


Exactly, what does he know? He probably digs drains for a living. Eh?
Bah! If we really wanted to create more wealth why doesn't the government just print more money?
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phunk
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PostPosted: Tue 4/Apr/06 1:18pm    Post subject: Reply with quote Report Abuse

Tama wrote:
Bah! If we really wanted to create more wealth why doesn't the government just print more money?


Genius!! Then we could all drive around in flash cars with sknawy bling bikes on the back I'm Cool
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james
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Joined: Feb 09, 2004
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Location: land of the long white latte

PostPosted: Tue 4/Apr/06 1:22pm    Post subject: Reply with quote Report Abuse

Tama wrote:
Bah! If we really wanted to create more wealth why doesn't the government just print more money?


Or just give us all money printing machines Double Thumbs Up

You could buy a heap of colour photocopiers for $47million. Eh?
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atsunD
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Joined: May 03, 2004
Posts: 535
Location: Melbourne, Oztraya

PostPosted: Tue 4/Apr/06 1:32pm    Post subject: Reply with quote Report Abuse

phunk wrote:
Good on him I suppose, but he could have invested the money and created more wealth, therefore increasing the living standards of everyone...

or divided it up to raise the living standards of 47 of us

no doubt some of the charities he gives to will increase the living standards of some people
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