Millionaire gave away his wealth.

A place to discuss casual topics amongst spiritual friends.
User avatar
Wind
Posts: 342
Joined: Thu Feb 04, 2010 11:10 pm

Millionaire gave away his wealth.

Post by Wind »

Looks like he has gain some valuable insights. :namaste:

http://www.telegraph.co.uk/news/worldne ... rable.html" onclick="window.open(this.href);return false;
User avatar
Ben
Posts: 18438
Joined: Wed Dec 31, 2008 12:49 am
Location: kanamaluka

Re: Millionaire gave away his wealth.

Post by Ben »

Nice article. One can only hope that it might inspire others to give.
metta

Ben
“No lists of things to be done. The day providential to itself. The hour. There is no later. This is later. All things of grace and beauty such that one holds them to one's heart have a common provenance in pain. Their birth in grief and ashes.”
- Cormac McCarthy, The Road

Learn this from the waters:
in mountain clefts and chasms,
loud gush the streamlets,
but great rivers flow silently.
- Sutta Nipata 3.725

Compassionate Hands Foundation (Buddhist aid in Myanmar) • Buddhist Global ReliefUNHCR

e: [email protected]..
User avatar
BlackBird
Posts: 2069
Joined: Fri Apr 17, 2009 12:07 pm

Re: Millionaire gave away his wealth.

Post by BlackBird »

Ben wrote:One can only hope that it might inspire others to give.
metta

Ben
Hopefully their time and non-monetary resources. It's easy to chuck money at something, if you have it.

On a partially related note:

Every so often here at DW you see people saying "Oh I've given X to Y" that's great, good on you, but in my opinion that's something you should keep to yourself. Sure talking about your Dana may inspire others to do the same, but I think it's just as likely to make others feel guilty or resentful that they're not doing more to help. As we well know, incomes are very diverse and we all come from different economic backgrounds. That's the problem when you start stating that I'm going to be giving $XXX to such&such organisation this year, because not everyone's going to have the resources to follow your lead.

As human's we're always looking for comparison to see the benchmark for any particular act, i.e. what we should be doing - We have a heard mentality in that regard. If we start talking cash amounts on our dana, we're (unconsciously) setting a benchmark people just won't be able to meet.

(by you I don't mean anyone in particular, just in the general sense - Please, nobody take this personally eh :))

metta
Jack
"For a disciple who has conviction in the Teacher's message & lives to penetrate it, what accords with the Dhamma is this:
'The Blessed One is the Teacher, I am a disciple. He is the one who knows, not I." - MN. 70 Kitagiri Sutta

Path Press - Ñāṇavīra Thera Dhamma Page - Ajahn Nyanamoli's Dhamma talks
seanpdx
Posts: 281
Joined: Thu Dec 03, 2009 12:56 am

Re: Millionaire gave away his wealth.

Post by seanpdx »

BlackBird wrote:
Ben wrote:One can only hope that it might inspire others to give.
metta

Ben
Hopefully their time and non-monetary resources. It's easy to chuck money at something, if you have it.
Is it? I'm not so sure.
On a partially related note:

Every so often here at DW you see people saying "Oh I've given X to Y" that's great, good on you, but in my opinion that's something you should keep to yourself. Sure talking about your Dana may inspire others to do the same, but I think it's just as likely to make others feel guilty or resentful that they're not doing more to help. As we well know, incomes are very diverse and we all come from different economic backgrounds. That's the problem when you start stating that I'm going to be giving $XXX to such&such organisation this year, because not everyone's going to have the resources to follow your lead.

As human's we're always looking for comparison to see the benchmark for any particular act, i.e. what we should be doing - We have a heard mentality in that regard. If we start talking cash amounts on our dana, we're (unconsciously) setting a benchmark people just won't be able to meet.

(by 'you' I don't mean anyone in particular, just in the general sense :))

metta
Jack
I once gave a quarter to a homeless person. Fear my dana!
User avatar
Guy
Posts: 762
Joined: Fri May 22, 2009 4:05 am
Location: Perth, Western Australia

Re: Millionaire gave away his wealth.

Post by Guy »

Inspiring story, thanks for sharing!
Four types of letting go:

1) Giving; expecting nothing back in return
2) Throwing things away
3) Contentment; wanting to be here, not wanting to be anywhere else
4) "Teflon Mind"; having a mind which doesn't accumulate things

- Ajahn Brahm
User avatar
retrofuturist
Posts: 27858
Joined: Tue Dec 30, 2008 9:52 pm
Location: Melbourne, Australia
Contact:

Re: Millionaire gave away his wealth.

Post by retrofuturist »

Greetings Jack,

I know what you mean - there's a fine line between rejoicing in others merit, and mana.

Metta,
Retro. :)
"Whatever is true, whatever is noble, whatever is right, whatever is pure, whatever is lovely, whatever is admirable—if anything is excellent or praiseworthy—think about such things."
alan
Posts: 3111
Joined: Wed Sep 30, 2009 12:14 am
Location: Miramar beach, Fl.

Re: Millionaire gave away his wealth.

Post by alan »

Seems impulsive and stupid. What were his reasons? He was unhappy at a nice resort in Hawaii. Boo-Hoo. Will he be happy now? I don't see any real change in outlook from this guy.
Money does not create unhappiness; lack of money does not create happiness.
User avatar
DNS
Site Admin
Posts: 17229
Joined: Tue Dec 30, 2008 4:15 am
Location: Las Vegas, Nevada, Estados Unidos de América
Contact:

Re: Millionaire gave away his wealth.

Post by DNS »

alan wrote:Seems impulsive and stupid. What were his reasons? He was unhappy at a nice resort in Hawaii. Boo-Hoo. Will he be happy now? I don't see any real change in outlook from this guy.
Money does not create unhappiness; lack of money does not create happiness.
:goodpost:

I agree, it is all in the mind, regardless of your finances. Don't get me wrong, I admire his generosity, but if he thinks he will be "happy" for doing so, he is wrong. He complained that the workers at the 5-star hotel were all just 'actors' catering to him only because of his money. Well, welcome to life. There are actors in all sorts of places. And why does he have to go to a 5-star hotel, just because he is rich? I know plenty of wealthy people who are down-to-earth, don't go to 5-star hotels, don't even have maids or servants. It is all in how you handle the situation, how you handle what life throws at you, regardless of finances.
seanpdx
Posts: 281
Joined: Thu Dec 03, 2009 12:56 am

Re: Millionaire gave away his wealth.

Post by seanpdx »

Why do people have to get down on this guy? Why speculate on what may or may not be going on inside his head? If someone quits their job because they're unhappy with it, do you tell them that it's a stupid thing to do? That it's just all in their head? If someone is unhappy in their relationship, should they stick it out because it'd be stupid to break up? It's just all in their head? This guy presumably saw a problem -- that money was getting in the way of his happiness -- and took steps to remedy that problem. Who's to say that's the extent of what he's doing? Maybe, just maybe, renouncing his wealth is his first step on a new path.

Nah, that's just stupid. Renunciation never got anyone anywhere. Right?
User avatar
Cittasanto
Posts: 6646
Joined: Tue Dec 30, 2008 10:31 pm
Location: Ellan Vannin
Contact:

Re: Millionaire gave away his wealth.

Post by Cittasanto »

seanpdx wrote:Why do people have to get down on this guy? Why speculate on what may or may not be going on inside his head? If someone quits their job because they're unhappy with it, do you tell them that it's a stupid thing to do? That it's just all in their head? If someone is unhappy in their relationship, should they stick it out because it'd be stupid to break up? It's just all in their head? This guy presumably saw a problem -- that money was getting in the way of his happiness -- and took steps to remedy that problem. Who's to say that's the extent of what he's doing? Maybe, just maybe, renouncing his wealth is his first step on a new path.

Nah, that's just stupid. Renunciation never got anyone anywhere. Right?
:goodpost:

Obviously he saw a problem and a remedy to that problem, I will happily rejoice in his happiness, even if it is potentially short term.
I will also happily give money to a charity such as Cancer Research UK, Shelter, or anywhere that actually needs money to do its work.
Blog, Suttas, Aj Chah, Facebook.

He who knows only his own side of the case knows little of that. His reasons may be good, and no one may have been able to refute them.
But if he is equally unable to refute the reasons on the opposite side, if he does not so much as know what they are, he has no ground for preferring either opinion …
...
He must be able to hear them from persons who actually believe them … he must know them in their most plausible and persuasive form.
John Stuart Mill
User avatar
jcsuperstar
Posts: 1915
Joined: Wed Dec 31, 2008 5:15 am
Location: alaska
Contact:

Re: Millionaire gave away his wealth.

Post by jcsuperstar »

if this guy has inspired anyone to give away their money i'd be happy to take it off your hands...

just trying to help out

jc
สัพเพ สัตตา สุขีตา โหนตุ

the mountain may be heavy in and of itself, but if you're not trying to carry it it's not heavy to you- Ajaan Suwat
User avatar
DNS
Site Admin
Posts: 17229
Joined: Tue Dec 30, 2008 4:15 am
Location: Las Vegas, Nevada, Estados Unidos de América
Contact:

Re: Millionaire gave away his wealth.

Post by DNS »

seanpdx wrote:Why do people have to get down on this guy?
I said the generosity is good, but he was focusing on happiness, not generosity and if you look at the source of his unhappiness, this will not make that change.
Why speculate on what may or may not be going on inside his head?
This guy presumably saw a problem -- that money was getting in the way of his happiness -- and took steps to remedy that problem. Who's to say that's the extent of what he's doing? Maybe, just maybe, renouncing his wealth is his first step on a new path.
Now who's speculating? :tongue:
Nah, that's just stupid. Renunciation never got anyone anywhere. Right?
Renunciation is a good thing, such as those giving up their wealth to ordain or those giving large amounts. But there is no indication of this guy ordaining or what he plans to do to provide for himself and his wife.
ando
Posts: 31
Joined: Tue Jan 26, 2010 3:39 pm

Re: Millionaire gave away his wealth.

Post by ando »

Perhaps this is a good place to repeat the question I posed in this thread which had no replies to date.
Greetings,

I have a question about this sutta, extracted from AN 7.49, regarding the topic of generosity.

When the Buddha was speaking with Sariputta about the motives and fruits of giving, he said,

"... instead of thinking, 'When this gift of mine is given, it makes the mind serene. Gratification & joy arise,' he gives a gift with the thought, 'This is an ornament for the mind, a support for the mind.' He gives his gift — food, drink, clothing, a vehicle; a garland, perfume, & ointment; bedding, shelter, & a lamp — to a priest or a contemplative. What do you think, Sariputta? Might a person give such a gift as this?"

and the sutta continues on to say:

"... with the thought, 'This is an ornament for the mind, a support for the mind' — on the break-up of the body, after death, he reappears in the company of Brahma's Retinue. Then, having exhausted that action, that power, that status, that sovereignty, he is a non-returner. He does not come back to this world."

Could someone elaborate on the meaning of ornament for the mind, a support for the mind?

Thank you.
Quoting AN 7.49, further,

"Having given this, not seeking his own profit, not with a mind attached [to the reward], not seeking to store up for himself, nor [with the thought], 'I'll enjoy this after death,'

" — nor with the thought, 'Giving is good,'

" — nor with the thought, 'This was given in the past, done in the past, by my father & grandfather. It would not be right for me to let this old family custom be discontinued,'

" — nor with the thought, 'I am well-off. These are not well-off. It would not be right for me, being well-off, not to give a gift to those who are not well-off,' nor with the thought, 'Just as there were the great sacrifices of the sages of the past — Atthaka, Vamaka, Vamadeva, Vessamitta, Yamataggi, Angirasa, Bharadvaja, Vasettha, Kassapa, & Bhagu — in the same way this will be my distribution of gifts,'

" — nor with the thought, 'When this gift of mine is given, it makes the mind serene. Gratification & joy arise,'

" — but with the thought, 'This is an ornament for the mind, a support for the mind' — on the break-up of the body, after death, he reappears in the company of Brahma's Retinue. Then, having exhausted that action, that power, that status, that sovereignty, he is a non-returner. He does not come back to this world.

"This, Sariputta, is the cause, this is the reason, why a person gives a gift of a certain sort and it does not bear great fruit or great benefit, whereas another person gives a gift of the same sort and it bears great fruit and great benefit."

— AN 7.49

It would appear that the millionaire's motive is the one highlighted in red, which is still a wholesome motive in my books.
User avatar
DNS
Site Admin
Posts: 17229
Joined: Tue Dec 30, 2008 4:15 am
Location: Las Vegas, Nevada, Estados Unidos de América
Contact:

Re: Millionaire gave away his wealth.

Post by DNS »

ando wrote: Quoting AN 7.49, further,
"Having given this, not seeking his own profit, not with a mind attached [to the reward], not seeking to store up for himself, nor [with the thought], 'I'll enjoy this after death,'

" — nor with the thought, 'Giving is good,'

" — nor with the thought, 'I am well-off. These are not well-off. It would not be right for me, being well-off, not to give a gift to those who are not well-off,' nor with the thought, 'Just as there were the great sacrifices of the sages of the past — Atthaka, Vamaka, Vamadeva, Vessamitta, Yamataggi, Angirasa, Bharadvaja, Vasettha, Kassapa, & Bhagu — in the same way this will be my distribution of gifts,'
Notice the words "nor" above as in one should not toot one's own horn when giving. But giving up that much (pretty much the entire estate) I suppose might be kind of hard to do without expecting some recognition, especially for ordinary worldlings.
User avatar
retrofuturist
Posts: 27858
Joined: Tue Dec 30, 2008 9:52 pm
Location: Melbourne, Australia
Contact:

Re: Millionaire gave away his wealth.

Post by retrofuturist »

Greetings David,
David N. Snyder wrote:Notice the words "nor" above as in one should not toot one's own horn when giving.
That's true... yet if someone does a meritorious deed, it offers us the chance to rejoice in their merit. As I said earlier - it's a fine line between the two, and may be a matter of perception than anything else.

Metta,
Retro. :)
"Whatever is true, whatever is noble, whatever is right, whatever is pure, whatever is lovely, whatever is admirable—if anything is excellent or praiseworthy—think about such things."
Post Reply