2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 398.52

-4.4%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Maurice Winn who wrote (5331)	4/5/2006 4:33:00 PM
From: Elroy Jetson	Read Replies (1) of 218805

Wellington economist Gareth Morgan has decided to give his $47m share from the sale of Trade Me to charity. Dominion Post -- 04 April 2006 -- By ANNA CHALMERS -- stuff.co.nz Investment adviser Gareth Morgan tells people what to do with their millions, but in a clear case of "do as I say, not as I do" he's giving away $47 million to charity. The economist and Dominion Post columnist has decided to put his money where his heart is and give away the windfall he made when son Sam sold the Trade Me internet auction business to Fairfax Holdings for $700 million. Despite his day job, Mr Morgan said he and wife Jo had decided their hefty payout was too much to manage. "I just can't think of anything to do with it," he said. "It's like winning Lotto 50 times, it's so out of proportion. We're just ordinary people." Mr Morgan said travel to far-flung regions of the world, including a motorbike trip in the Middle East, had made them realise how "bloody well off we are". The most difficult part would be deciding which charities to donate to, he said. The couple would set up a foundation to administer the money, which would be carved up among several existing charities. They would also look for advice from philanthropists such as Warehouse founder Stephen Tindall and Sir John McKenzie. "I'm not going to pretend for one moment that I know how to do it. We'll have to rely on other people's experience." The couple leave on another motorbike trip today through North America, starting in the Bahamas. .

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next