*He or she is only known by the signature @HiddenCash, and he or she is hoping that this kind gesture will “catch on,” and that other millionaires will join in.
We’re liking this person very much, right?
It all started in San Francisco, when people started finding white envelopes with cash inside.
According to the Huffington Post, an anonymous person is dropping off sums of money around the city and then tweeting hints about the locations in a project called “Hidden Cash.”
The person behind Hidden Cash told The Huffington Post that the project 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.
The generous benefactor even let’s us in on why this is being done. According to the Bold Italic, who also interviewed the person behind the project. The Hidden Cash benefactor is a real estate magnate who wants to give back to the community.
“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 the 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.”
@HiddenCash vows to remain anonymous, and tells HuffPost it is for fear of “business associates who may take me less seriously.”
Another inspiration for this act, according to the donor, is the huge wealth inequality gap in San Francisco; which has the largest wealth gap of any city in the country.
And while it will take more than what this kind person is doing to correct that issue, his act of generosity is putting big smiles on a lot of faces.
Get ready to “say cheese” L.A., you’re next in line.