In This Life: Why Wait to Create Change?
Two pieces of news crossed my desk this week that made me pause: Warren Buffett's fresh $1.1 billion donation and a reminder that when music legend Quincy Jones passed away earlier this month, he left behind $500 million. These two giants of their industries present a stark contrast in approaches to wealth and legacy – one actively giving while living, the other accumulating until the end.
It makes me wonder: Why do we wait? And perhaps more importantly, why do we measure generosity in absolute numbers rather than relative impact?
While headlines celebrate billion-dollar donations, I've witnessed transformative generosity in far smaller amounts. In rural Cambodia, I've seen subsistence farmers who barely harvest enough rice to feed their own families share their precious supply with neighbours during lean months – giving up what might amount to weeks of their own family's meals. In relative terms, their sacrifice far exceeds most headline-making philanthropists. Yet these profound acts of generosity – ones that truly test the human spirit – rarely make the news.
Perhaps our fascination with ranking the world's wealthiest individuals has inadvertently created a competitive mindset around accumulation rather than distribution. What if instead we celebrated those who give the most relative to their means? What if our "rich lists" were replaced with "impact lists" that acknowledge the farmer who shares their last bag of rice alongside the billionaire who donates a small fraction of their wealth?
In my work with This Life , I've witnessed firsthand how immediate action can transform lives today. Right now, children sit in prisons not because they deserve to be there, but because their communities lack resources for proper legal representation and rehabilitation. Women remain trapped in violent households because support services are chronically underfunded. These aren't abstract problems for tomorrow – they're urgent realities that demand attention today.
Buffett's philosophy resonates deeply with our organisation's name and mission. "This Life" isn't just our identity – it's a statement about the present moment and its infinite potential. When he speaks against creating "dynastic wealth," Buffett acknowledges a profound truth: we can either watch our bank accounts grow or watch lives transform through our active participation.
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As we approach year's end, I'm challenging myself and others to rethink not just the concept of legacy, but how we measure generosity itself. Legacy isn't a posthumous gift – it's a living, breathing commitment to change. And true generosity isn't measured in dollars, but in sacrifice and impact. Whether it's the farmer's bag of rice or a million-dollar grant, every contribution has the power to create immediate change when given with purpose and heart.
The next life remains a mystery to us all, but This Life? This life we know. This life we can shape. This life we can witness. Why leave our legacy to chance when we can experience its impact firsthand?
I'm curious: What holds us back from giving while living? How would you want to see your contributions shape the world today? And how should we really measure generosity?
#ThisLife #Philanthropy #SocialImpact #GivingWhileLiving #Legacy #Leadership #EquitableGiving
This Life is committed to creating sustainable change in communities across Cambodia. Join us in making an immediate impact: www.thislife.ngo/donate
Governance, Risk, Strategy | Board Chair, This Life NGO | NFP | Arts and culture
1wExcellent piece, Billy!
Social Worker / Deputy CEO - ISS Australia
1wA very thought-provoking piece, Billy! I absolutely love the idea of redefining legacy as a living commitment - actively shaping a better world and directing resources to where they are needed most, right now.
Founder @ The Better Cambodia. Marketing Director @ TrueNorthLean, South and South East Asia's trusted Lean/ Kaizen consulting firm.
2wThis compelling piece challenges traditional notions of wealth and legacy, advocating for generosity rooted in sacrifice and impact. It inspires us to act now and witness transformation in this life. As Mother Teresa said, "It's not how much we give, but how much love we put into giving." 👏
Managing Director at TravelED Asia
2wEvery time we sit and plan how to help through This Life, it makes me happy. Also, seeing how my fundraising helps people right now, not later - this is the real reward. You don't need billions to make a difference. Sometimes the biggest hearts have the smallest wallets.
Great article Billy Gorter and I agree with you on replacing rich lists with impact lists! Have you read about Chuck Feeney? The Billionaire Who Wasn't is about his life and is an incredible portrait of an extraordinary man who gave away all his billions while he was still alive. He funded two Fellowships I am part of and learning more about his approach to wealth and giving and funding impact and funding people has changed my outlook in a profound way.