Why Billionaires Create Foundations

What if I told you that when a billionaire publicly donates a dollar to their own charity,

you, the taxpayer, might be footing the bill for up to 74 cents of it?

It's not some conspiracy theory. It's a documented feature of our financial system,

and it's how the ultra-wealthy play a completely different game. In this video,

we're going to reveal the three hidden reasons the rich really create foundations, and I promise you,

it's about a lot more than just giving back. This is The Rich Mindset from BuildSider.

You see the headline everywhere, right? "Tech billionaire pledges $500 million

to a new family foundation." Our first instinct is, of course,