Former Microsoft CEO Steve Ballmer agrees to buy Los Angeles Clippers for $2 billion

Charity begins at home my friend but I do agree with you. This acquisition is probably a tax write off or something similar.
Sociology 101 tells us that the end game of human accomplishment and satisfaction, is in 3 parts, money, power, and prestige.

Mr. Gates already has all the money he could ever imagine.

With virtual controlling interest in M$, he has plenty of power.

(Although granted, not as much as someone with access to the nuclear, "football", as does a US president).

Owning a pro sports team is a prestigious avocation. That prestige escalates in step with a teams success.

(Although owing a pro team probably doesn't rank as high in brownie, er prestige points as say, being appointed US Ambassador to Great Britain, it's still way, way, up on the who's who list).
 
Sociology 101 tells us that the end game of human accomplishment and satisfaction, is in 3 parts, money, power, and prestige.

Mr. Gates already has all the money he could ever imagine.

With virtual controlling interest in M$, he has plenty of power.

(Although granted, not as much as someone with access to the nuclear, "football", as does a US president).

Owning a pro sports team is a prestigious avocation. That prestige escalates in step with a teams success.

(Although owing a pro team probably doesn't rank as high in brownie, er prestige points as say, being appointed US Ambassador to Great Britain, it's still way, way, up on the who's who list).
Yeah, the size of these guy's ego's are only matched by the size of their bank balances.
 
Anybody who understands power, knows that it is about force and direction. A small amount of power accurately focused, can be more effective than a large amount recklessly thrown about.

From DW.UK

Look, one of the reasons why these wealthy-types will buy a sports team is because it gives them a place to conduct some kind of social life where they can get in touch with common/normal people. This is because they cannot normally walk down the street, like normal people. It is the old “Guided Cage” phenomena. Even a financially wealthy will have their set vulnerabilities & deficiencies.


From DW.UK

He is buying a bigger cage.

From DW.UK
 
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Wait that doesn't make sense 2billion?? stupid *******...team was only worth 25million on the books, how could he have earned billions when he only earned 1.25m per year for 12 years while CEO. am I missing something here?
 
I find it so sad how people use their riches sometimes... some of that money could have went to charity...

I was thinking: that when an organisation or person receives a large amount of money, they should be held accountable for what they intend to do with it next.

Large amounts of money, when moved, can have a significant impact on an economy. People with a lot of money, have a lot of power. With power comes great responsibility. With responsibility, comes irresponsibility. Power corrupts. Absolute power corrupts absolutely.

From DW.UK
What an *****ic statement. It's his money to do with what he wishes. I'll bet you give millions to the lazy and worthless of our society. While you wasted your time this man worked his azz off and amassed fortune.
 
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