Post by Joe GiglioPost by CarlPost by thomasPost by terrasbeesthttp://www.christies.com/features/auctions/1011/richard-gere/
I wonder why he's selling his collection off. Does he need to
raise money for gerbil food?
Actually, my understanding is that he is contributing the proceeds
to charitable causes. I wonder how many of us would do the same?
http://www.reuters.com/article/2011/08/17/us-auction-gere-guitars-idU...
Hi Carl,
It is nice that Richard Gere is donating the proceeds to charity.
Regarding your question: 'I wonder how many of us would do the
same?', it is not a fair question, & one that implies lack of
generosity among the group members.
What one does with their money is a personal matter.
I don't mind sharing though - I live in NYC & give money to
homeless people every time I leave the apartment.
That there are homeless people in NYC is a sad issue that I can't
explain.
In the past 2 years I have given 5 guitars to people who needed an
instrument, but were short of funds.
I give to cancer & heart research, natural disaster, animal
protection, etc.
So, I'm a good guy - among countless others who do the same & more
- & not for the tax deduction or publicity.
The amount of money Richard Gere will give to charity taken in the
context of his net worth, would most likely be equal to the average
person's
contribution to medical research, hurricane/earthquake/etc, relief
each year.
The difference is the publicity.
Without a doubt, the monetary value of the press he is getting,
will exceed in dollar amount, the whole take from the auction.
That doesn't diminish the act though.
He is giving, & hopefully the money will reach the people who need
it. But,,,It has no bearing on, nor is a reflection of the private
acts of charity, of anyone else.
Joe
Good reply. Gere will also get a nice tax deduction concerning the
charity. The question you replied to is most unfounded, but you did
it, so bravo.