captain_spalding said:

SCIENCE said:

roughbarked said:

https://www.abc.net.au/news/2026-11-10/nt-conservation-donation-makes-dream-of-managing-5-per-cent-land/107367198

though $150mill is small change for billionaires.

depends, how many thoumillion do they have

Doesn’t really matter.

With a good accountant, they can claim a lot, if not all of it, back on tax, or perhaps have it offset against income from various sources.

With a good investment broker, they’ll make some, if not a lot of it, back fairly quickly.

In the end, it’s likely to be you and me indirectly making the donation.

The amount involved is irrelevant to claiming a tax deduction on it. Do you similarly besmirch $100 donations to Oxfam?