Enormous untapped resources
I was doing some math today with some stats I was given on net worth in the US.
If all the households in the US with a net worth of at least 1 million donated just 0.01% of that to fight poverty and other charitable activities, an additional 2.3 billion dollars would be available.
Just 0.01% goes a long way.
If these same households gave 1% that would be 234 billion dollars! That would go even further.
(If your net worth is 10 million, and you gave 1%, that means you’d still have 9.9 million left. Seems like enough to keep to me.)
Enormous untapped resources. Enormous. (And I haven’t even added in the giving of 1% or 0.1% of those under 1 million. Little bits from many adds up too.)