Too ostentatious

Charity schmarity. German super-rich types aren’t fooled a minute by any of this “giving pledge” nonsense put forward by Bill Gates, Warren Buffett and Co.

Any billionaire can agree to give away half of his/her money to charity. But that’s beside the point, the German super-rich say. It’s all about the principle of the matter, you see (and who should know more about principles than the filthy rich, right?).

German upper crusties think that giving so-called donations shouldn’t replace duties that would be better carried out by the German state. That said state takes in comparatively little from said crusties is another matter altogether, but still. We’re talking about principles here.

“For most people that is too ostentations.”