You might ask: How does David Koch happen to have the wealth to be so generous? Well, let me tell you a story. It all started when I was a little boy. One day, my father gave me an apple. I soon sold it for five dollars and bought two apples and sold them for ten. Then I bought four apples and sold them for twenty. Well, this went on day after day, week after week, month after month, year after year, until my father died and left me three hundred million dollars.
Now on the one hand I love this story. But wouldn’t it have been more plausible if he’d sold the first apple for, say, a nickel?
Well, maybe not much more plausible. Doubling your money every day, it takes just a little over a month to grow a nickel into three hundred million dollars.
I still like the story though.