No offense to the author, but what a tremendously stupid idea.
With technology becoming cheaper and cheaper, right now, you can get a good enough computer to access all the world's information (the Internet) for $25. I can imagine that price being more like $5 in the next 10 years.
Since the goal of investing is planning for the future, it'd be an enormous waste to spend all of that money on the antiquated concept of a library. It will be about as useful as investing the money in VHS tapes.
Better education-related goals for billionaires: make more of the copyrighted information available for free public use. Help increase access to good quality internet and computers in poor communities.
With technology becoming cheaper and cheaper, right now, you can get a good enough computer to access all the world's information (the Internet) for $25. I can imagine that price being more like $5 in the next 10 years.
Since the goal of investing is planning for the future, it'd be an enormous waste to spend all of that money on the antiquated concept of a library. It will be about as useful as investing the money in VHS tapes.
Better education-related goals for billionaires: make more of the copyrighted information available for free public use. Help increase access to good quality internet and computers in poor communities.