Everyone is up in arms about President Trump’s decision to cut the National Endowment for the Arts.
My suggestion is to tap the richest 25 celebrities/artists to put up their money to the benefit of society and pay it forward with a true endowment to the arts.
According to Business Insider, the 20 richest celebrities in the world range from a low of Gloria Estefan at $380 million to a high of Madonna at $910 million. According to Forbes 2016, even the less successful but louder opponents such as Whoopi Goldberg ($45 million), Jimmy Fallon ($25 million), Jimmy Kimmel ($35 million), Stephen Colbert ($25 million), Conan O’Brien ($75 million), Snoop Dogg ($143 million), Barbra Streisand ($370 million) and Tom Cruise ($480 million) could contribute millions to this worthy cause.
If you got some high-end artist like Oprah, Steven Spielberg and George Lucas at ($3.1 billion) each to contribute say $100 million, this is solved. Why can’t rich people who make their living in the arts make a true endowment to the arts?