An anonymous billionaire looking for ‘fun, creative ways’ to share his money, has been hiding money all over San Francisco and dropping hints on Twitter about where it is
San Francisco: An anonymous person has been dropping off sums of money around the city and then tweeting hints about the locations in a project called “Hidden Cash”.
After each money drop, a tweet goes out from @HiddenCash with hints about the location of the envelope. It requests that the lucky recipients tweet photos of their discovery
The person behind the project told daily The Huffington Post that it will soon expand to other cities. “I am OK with giving out at least $1000 a day for the foreseeable future. It will not affect my finances significantly,” he or she wrote in an email.
“We are planning to add more cities, starting with LA next weekend, and NYC shortly afterwards.” The donor said they “want to start a nationwide movement” around this anonymous charitable giving.
According to San Francisco-based website Bold Italic, which also interviewed the man or woman behind the project, the Hidden Cash benefactor is a real estate magnate who wants to give back to the community.
Moved by inequality
“I’ve made millions of dollars the last few years, more than I ever imagined, and yet many friends of mine, and people who work for me, cannot afford to buy a modest home in the Bay Area,” the person told Bold Italic.
“This has caused me quite a bit of reflection. I am determined to give away some of the money I make, and in addition to charity, to do it in fun, creative ways like this.”
After each money drop, a tweet goes out from @HiddenCash with hints about the location of the envelope. @HiddenCash also requests that the lucky recipients tweet photos of their discovery. The person behind the campaign said that she or he is maintaining anonymity for fear of “business associates who may take me less seriously.”
He or she also told Bold Italic that part of the inspiration for the project was the staggering wealth inequality in San Francisco. (The city has the largest wealth gap in the country.) It will probably take more than a few cash-stuffed envelopes to address the broader causes of the wealth gap that the person behind @HiddenCash is concerned about. Nevertheless, it’s a clever, generous idea, and is definitely brightening the days of some lucky San Francisco residents.