Steve's Greedy for Time, not Money
*Be private and don't say if you give to charitable causes or not. People assume you don't give and think you are a greedy jerk.
*Publicly state that you do give to charitable causes. Have people question your priorities, politics, the organizations you give to, etc. Then they say you gave out of greed. And that you are a jerk.
Excellent point! First, for those saying he's greedy--I don't think the man who sunk money into Pixar, losing something like $10,000 a year, with no hope for a profit in sight can be labeled as "greedy." Money isn't what he wants. He probably likes it, but if greed was his motivator, then he'd have taken the money he made early on and simply invested it and re-invested it, not sunk it into failing companies again and again. What he was after was to have his vision be a reality, and he was willing to sacrifice every last dollar to get that. So, I'm afraid the evidence for "greedy" in terms of money-grubbing isn't there.
Next, for those saying "It's his money--" You are right, but it never makes anyone look good to hold onto more money then they can spend. I think, however, this isn't about his right to hold onto or spend money as he likes. This is about holding onto and spending his remaining time as he likes. For a man in his kind of health, that is going to matter a hell of a lot more than the money. I think everyone here should remember that. If you had only so long to live, how much of that time would you spend on giving away your money rather than trying to do all you felt you hadn't done but wanted to? Especially if you'd already written up in your will where all that money was going?
On the other side: for all those saying that public philanthropy would inspire--it might also backfire. Who you gave or didn't give to can earn you criticism and, in this case, reflect back on Apple (Unlike Gates where what he does doesn't seem to reflect on Microsoft). Obviously, no company can avoid controversy and Apple continues to have more than its share--Steve's contributions to this or that has the potential to add more controversy. He may have decided it's less controversial to be an invisible than a visible philanthropist. Maybe he's wrong, but that's his decision.
As for whether he's a philanthropist or not, I'll reserve judgement on that till after he dies and we see where his money goes. There are people who--given past experience (Jobs sinking money into Pixar, etc. and not seeing a profit for years on end), hold onto their money during their lifetime in case they need to fix something that breaks...like a company. Such men hold their creations (companies) as their responsibility and so hold onto their money while they live. Their philanthropic side appears only after they've died. That's when we see the hospitals built in their name, the concert halls, libraries and foundations.
Given Steve's health problems, I suspect this is what is going on. It isn't greed, and it isn't that he has no philanthropic side to him. It's simply that he knows he has very limited time on this planet and wants to make sure he's built, created, gotten out all he wants to build, create and get out there--including making sure his most important creation--this ship called Apple, can sustain itself. I suspect he's planned out all that will be done with his money after he passes. His remaining time is what he's greedy about; that's his and his alone to use. And I suspect he is holding onto that, and maybe the money as well, in case he needs to patch or fix Apple before he dies and leaves it sailing on its own.
