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Big Whoop: Mark J. Rowan’s Donation of $50 Million was 1.6% of His Net Worth, I Donated 1.7% of Mine

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OPINION | Becky Molinoff Sunday, Oct. 28, 2018Sun, Oct 28, 2018

Wow, big flex much? This dude Mark J. Rowan donated the biggest single donation to Wharton in the history of the school, at a quantity of $50 million. To put that into context, the donation was more than Amy Gutmann makes in a whole month. So, yeah, it’s a big deal.

But then again, is it really? According to sources on the internet, Rowan’s donation of $50 million dollars was only 1.6% of his net worth. To put that into perspective, 1.6% is somewhere between 1% and 2%. The thing is, last week I dropped a bunch of coins when I was walking through Huntsman and I was too embarrassed to pick them up, so I ended up inadvertently donating a whole $3.26 to Huntsman Hall all on my own. And after combining student loans with my income from last summer, that’s actually 1.7% of my net worth.

Really, I don’t feel all that different now that I’m such a philanthropist. Sure, I donated more of my net worth than Mark J. Rowan did, and I did it anonymously, but does that necessarily make me a better person? Well, yes, but does it mean that I’m the best person I know? Probably.

I never thought of myself as a Bill Gates type, but I guess these things just happen.