[sgbuffett]

Imagine if you are one of these students...

[sgbuffett]

https://www.theguardian.com/us-news/2024...n-new-york

[sgbuffett]

When David died in 2022, he bequeathed a portfolio of stock in Berkshire Hathaway to Ruth, with the instructions for her to do with it as she pleased. Wanting to support education, Gottesman announced a $1 billion gift to AECOM in February 2024 to provide free tuition to all its students in perpetuity.[12][13]

[WhatDoYouThink!]

Let's say each student's tuition is about 82k per yr, total 4 yrs, and each yr over 300 students

1,000,000,000 ÷ 82000 ÷ 300 = 40

So it can last about 40yrs

[sgbuffett]

Let's say each student's tuition is about 82k per yr, total 4 yrs, and each yr over 300 students

1,000,000,000 ÷ 82000 ÷ 300 = 40

So it can last about 40yrs

Please read what I posted, the $$ donated is in form of Berkshire stock...$1B...just using returns is more than enough to fund

[WhatDoYouThink!]

Please read what I posted, the $$ donated is in form of Berkshire stock...$1B...just using returns is more than enough to fund

I said if 1b is to be used to pay for tuition can last for 40 yrs. Anything wrong with that? Or you hv comprehension problems?

[sgbuffett]

I said if 1b is to be used to pay for tuition can last for 40 yrs. Anything wrong with that? Or you hv comprehension problems?

Like I said it does not work that way such a large sum is always invested for returns. So to conclude that it last 40yrs is wrong.

[WhatDoYouThink!]

Like I said it does not work that way such a large sum is always invested for returns. So to conclude that it last 40yrs is wrong.

How cum a simple post with a few lines you aso couldn't understand? Brain blockage or degeneration?

[red3]

Imagine the billion dollar SGD in sg govt budget just passed once in parliament to benefit local citizen students studies for eternity .....