I believe many of these entrepreneurs get a pretty nice tax deduction for their philanthropy. I think a small number do it for the reasons you stated, but most large CEOs and shareholders are self-serving. When CEO salaries jumped from in the 50s being about 5x the front line worker to now 1000x the front line worker, I am skeptical that they care and acknowledge their workers.

Let’s take Amazon for example, they recently paid millions to have naming rights to a sports stadium in Seattle, so they could make it some ecologically friendly tagline. However, it’s been documented time and again that their workers are pushed beyond what is considered an acceptable physical, mental and emotional limits, some didn’t even receive bathroom breaks. Amazon is so far from being a carbon neutral company, contributing greatly to climate change, but they decide to invest millions in virtue signaling, rather than reviewing the health of their employees or researching to convert all delivery vehicles to sustainable power source.

We’ve worshipped these billionaires without holding them accountable to pay their fair share of taxes or to expect them to act in integrity. I guess making lots of money must be the most important thing, right? He who has the most, is the best?

I don’t buy it.