Excess

Schmidt's $67.6M Yacht

Eric Schmidt · Won the Alfa Nero Superyacht at Auction for $67.6 Million

$67.6 million

Need

Could have given

1.7 million

people clean drinking water

charity: water: about $40 funds clean water for one person, on average, in rural communities. charity: water, How much clean water will my donation provide

Schmidt won an Antigua government auction for the 267-foot Alfa Nero at $67.6 million.

Or it could have

12,291
lives from malariaGiveWell estimates its top charities save a life for $3,000 to $5,500. We use the higher figure: $5,500, the cost through Against Malaria Foundation bed nets. GiveWell, How much does it cost to save a life?
617,352
hungry kids for a whole yearNo Kid Hungry: $1 can help provide 10 meals for kids. Three meals a day for 365 days is 1,095 meals, about $110 per child per year. No Kid Hungry, What your dollars can do
1.7 million
people clean drinking watercharity: water: about $40 funds clean water for one person, on average, in rural communities. charity: water, How much clean water will my donation provide
3,788
homeless veteransAt the U.S. median rent of $1,487 a month (Census, 2024), about $17,844 a year. U.S. Census Bureau median gross rent, via USAFacts
1,894
families escaping abuse a safe home for two yearsThe federal transitional housing program for survivors pays market rent for up to 24 months. At the U.S. median rent of $1,487 a month (Census, 2024), that is about $35,688 per family. U.S. DOJ Office on Violence Against Women, Transitional housing

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