r/nextfuckinglevel • u/matori_tester • 2d ago

Billionaire speaker Robert F. Smith tells 400 graduates he's paying off all their student loans ($40 million in total)

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u/Poppanaattori89 2d ago

So inspirational. I really liked this part of his speech:

"Instead of getting the free education you deserve, here's some dirty money that I don't deserve to try to distract you from the fact that I don't deserve it."

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u/WZAWZDB13 2d ago

"I'll have made it back using questionable business practices before you've found a job."

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u/MagicHarmony 1d ago

Exactly. Its so disingenuous.  He gave .0037% of his net worth away. What a saint and scholar. We should all be so lucky to have .0037% of our wealth to carry that much weight but for the average American that would be $148. 

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u/WZAWZDB13 1d ago

I think a lot of people don't really grasp how insanely much a billion is.

Someone with a single billion can give away 99,9% of their wealth and still be a millionaire, something most people won't ever be.

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u/TuckerCarlsonsOhface 1d ago

The difference between $1 billion and $1 million is about $1 billion.