

I mean, the thing is that a donation to philanthropy is tax deductible, so even if you control the charity 100%, it counts. Instead of paying taxes, you’re just paying yourself. And once it’s in that charity, you can use that money for any charitable cause, even if that cause benefits the non-charitable side of your portfolio. This means that you can
- pay for your own PR
- use the charity money to buy a bunch of medicine to eradicate some disease, while you have investments in the pharma company that will provide said medicine
- donate to academia to steer research goals and then become a early investor in any spinoff companies that result from that
- donate to a charity run by a politician/other rich person to curry favour
It’s not a coincidence he’s become richer despite ‘donating his wealth’.











Blatter doesn’t run FIFA any more. And was fine with Russia and Qatar having the world cup, so I’m guessing the principles arrived when he retired.