20 People Confront a Billionaire (ft. John Morgan)

00:34:32
https://www.youtube.com/watch?v=91RNHqiO7pY

Resumen

TLDRJohn Morgan, un avocat milliardaire, discute de sa richesse, de ses responsabilités sociales et de ses actions philanthropiques. Il aborde des sujets tels que l'inégalité des revenus, le salaire minimum et son engagement envers des causes sociales. Morgan explique qu'il utilise sa richesse pour financer des initiatives comme la légalisation de la marijuana médicale et l'augmentation du salaire minimum en Floride. Il exprime également ses préoccupations concernant l'inégalité croissante et la nécessité d'une meilleure redistribution des richesses. Bien qu'il soit généreux, il souligne qu'il ne peut pas aider tout le monde directement et qu'il préfère investir dans des causes qui ont un impact à long terme.

Para llevar

  • 💰 John Morgan se considère "confortable" malgré sa richesse.
  • 🏛️ Il a financé des initiatives pour légaliser la marijuana médicale en Floride.
  • 📈 Morgan a doublé le salaire minimum en Floride à 15 dollars de l'heure.
  • 🤝 Il croit en la responsabilité des riches d'aider les pauvres.
  • 🚫 Morgan ne juge pas les personnes dans le besoin.
  • 👨‍👧‍👦 Il enseigne à ses enfants l'importance de la compassion.
  • 🏥 Il critique le système de santé américain et les compagnies d'assurance.
  • ⚖️ Morgan pense que les avocats ne sont pas responsables des coûts élevés des assurances.
  • 💵 Il donne souvent des pourboires généreux aux travailleurs.
  • 🗳️ Morgan a été impliqué dans la politique mais préfère sa vie actuelle.

Cronología

  • 00:00:00 - 00:05:00

    Dans cette première partie, un participant interroge John Morgan sur sa richesse et son mode de vie luxueux, en lui demandant pourquoi il ne fait pas plus pour aider ceux qui luttent financièrement. Morgan se présente comme un avocat milliardaire et entrepreneur, expliquant que sa richesse provient de son cabinet d'avocats et d'autres entreprises, tout en affirmant qu'il se considère comme "confortable" plutôt que riche.

  • 00:05:00 - 00:10:00

    Morgan explique qu'il utilise sa richesse pour des causes sociales, comme la légalisation de la marijuana médicale et l'augmentation du salaire minimum en Floride. Il mentionne également ses dons à des banques alimentaires et des organisations caritatives, soulignant qu'il se sent obligé de redonner à la société. Il insiste sur le fait qu'il ne ressent pas vraiment l'impact de sa richesse dans sa vie quotidienne.

  • 00:10:00 - 00:15:00

    Un participant demande à Morgan pourquoi il ne fait pas plus d'actions directes pour aider les personnes dans le besoin. Morgan répond qu'il donne de l'argent aux personnes dans la rue et qu'il ne juge pas ceux qui demandent de l'aide. Il souligne l'importance de donner directement aux personnes dans le besoin plutôt que de passer par des organisations.

  • 00:15:00 - 00:20:00

    Morgan évoque son parcours professionnel et son intérêt pour le secteur des attractions, tout en affirmant qu'il paie tous ses employés au moins 15 dollars de l'heure. Il explique que payer un salaire décent est non seulement éthique, mais aussi bénéfique pour son entreprise, car cela réduit le turnover et augmente la productivité.

  • 00:20:00 - 00:25:00

    Il aborde ensuite la question de l'inégalité des revenus et critique les milliardaires qui cherchent à éviter les impôts. Morgan exprime son inquiétude face à l'écart croissant entre les riches et les pauvres, et il appelle à une plus grande responsabilité sociale de la part des milliardaires.

  • 00:25:00 - 00:34:32

    Dans la dernière partie, Morgan parle de sa vision de la philanthropie et de la responsabilité des riches. Il affirme qu'il préfère donner directement aux personnes dans le besoin plutôt que de faire des dons à des organisations. Il conclut en disant qu'il ne peut pas changer le monde entier, mais qu'il essaie de faire sa part là où il peut.

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Mapa mental

Vídeo de preguntas y respuestas

  • Quelle est la valeur nette actuelle de John Morgan ?

    Il ne sait pas exactement combien il vaut, mais il se considère comme "confortable".

  • Comment John Morgan utilise-t-il sa richesse pour aider les autres ?

    Il a financé des amendements constitutionnels pour légaliser la marijuana médicale et augmenter le salaire minimum en Floride.

  • Pourquoi John Morgan ne donne-t-il pas directement de l'argent aux personnes dans le besoin ?

    Il croit qu'il ne peut pas changer le monde entier, mais il essaie d'aider là où il peut.

  • Quel est le point de vue de John Morgan sur le capitalisme et l'inégalité des revenus ?

    Il pense que l'inégalité des revenus est un problème majeur et que les riches doivent faire plus pour aider les pauvres.

  • Comment John Morgan éduque-t-il ses enfants sur la richesse ?

    Il leur enseigne à être compatissants et à ne pas se sentir privilégiés.

  • Quelle est l'opinion de John Morgan sur le système de santé américain ?

    Il critique le système de santé et les compagnies d'assurance, plaidant pour un meilleur accès aux soins.

  • John Morgan pense-t-il que les avocats sont responsables des coûts élevés des assurances ?

    Il pense que les compagnies d'assurance sont responsables de leurs propres problèmes financiers.

  • Que ferait John Morgan s'il perdait toute sa richesse ?

    Il ne pense pas qu'il pourrait reproduire son succès, car il attribue beaucoup de son succès à la chance.

  • Comment John Morgan gère-t-il les pourboires dans les services ?

    Il donne souvent des pourboires généreux, comme 100 dollars, pour aider les travailleurs.

  • John Morgan se considère-t-il comme un politicien ?

    Il a été impliqué dans la politique, mais préfère sa vie actuelle.

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Desplazamiento automático:
  • 00:00:00
    Today, I think we've all sat here and
  • 00:00:01
    we've heard you talk about your jet and
  • 00:00:04
    Maui and your three homes and the money
  • 00:00:06
    that sits in your account that you don't
  • 00:00:08
    care to touch. What stops you from
  • 00:00:10
    helping every person in this room that's
  • 00:00:12
    struggling right now? How do you help
  • 00:00:14
    them? What do you do? Cuz you got a
  • 00:00:15
    private jet, but I had to take off work
  • 00:00:17
    today and I'm struggling. I got bills,
  • 00:00:20
    man.
  • 00:00:22
    [Music]
  • 00:00:28
    [Music]
  • 00:00:32
    I'm John Morgan, the founder of Morgan
  • 00:00:34
    and Morgan, America's largest injury law
  • 00:00:37
    firm. And according to Forbes, I'm a
  • 00:00:40
    billionaire. Ask me anything.
  • 00:00:43
    >> My first question is, how much are you
  • 00:00:44
    currently worth? And how did you amount
  • 00:00:46
    to that amount of money?
  • 00:00:47
    >> I'm a lawyer. I went to law school and
  • 00:00:49
    became a lawyer, but I'm also a serial
  • 00:00:53
    entrepreneur. I built and operate a
  • 00:00:56
    chain of attractions across America. I
  • 00:00:58
    have Marriott hotels across America. I
  • 00:01:01
    build shopping centers. The big part of
  • 00:01:03
    my wealth has been generated by my law
  • 00:01:06
    firm, Morgan and Morgan. Well, I don't
  • 00:01:08
    know exactly how much I'm worth. I used
  • 00:01:11
    to tell my kids when they were little,
  • 00:01:12
    when their friends would ask them, "Are
  • 00:01:14
    we rich or not?" I said, "The answer is
  • 00:01:16
    this. We're comfortable."
  • 00:01:18
    >> What do you mean comfortable? like you
  • 00:01:20
    definitely have way more than just being
  • 00:01:23
    comfortable. You live a luxury life. Do
  • 00:01:25
    you call being worth a billion dollars
  • 00:01:27
    comfortable?
  • 00:01:28
    >> Very. And uh but you don't feel like it
  • 00:01:31
    because you don't spend it. When you
  • 00:01:32
    grow up a certain way, it's not like
  • 00:01:35
    it's changed much of my life. I'm in the
  • 00:01:37
    same house. I don't spend the money that
  • 00:01:40
    you would think I'd spend. It's odd
  • 00:01:42
    because you have all this money in the
  • 00:01:44
    bank, but it doesn't really change what
  • 00:01:46
    you do daytoday. My question for you is,
  • 00:01:49
    what stops you from using your wealth to
  • 00:01:52
    change somebody's life?
  • 00:01:53
    >> Nothing. Listen, I live three places. I
  • 00:01:57
    live in Florida. I live in Maui, Hawaii,
  • 00:02:00
    and I live in New Hampshire. But I've
  • 00:02:04
    taken my wealth and done certain things
  • 00:02:06
    like in Florida where I live. I ran a
  • 00:02:09
    constitutional amendment twice to
  • 00:02:11
    legalize medical marijuana. I lost the
  • 00:02:14
    first time, but I won the second time
  • 00:02:16
    with 72% of the vote. I believe that
  • 00:02:19
    income inequality is the number one
  • 00:02:22
    issue facing America today. The rich are
  • 00:02:25
    getting richer, the poor are getting
  • 00:02:27
    poorer, and every day the Gulf is
  • 00:02:29
    getting wider. So, what did I do? I ran
  • 00:02:31
    a constitutional amendment. I spent tens
  • 00:02:32
    of millions of dollars to raise the
  • 00:02:34
    minimum wage from $8 an hour to $15 an
  • 00:02:38
    hour in Florida. That's a doubling of
  • 00:02:40
    the of the minimum wage. So, I take that
  • 00:02:43
    money that I make and I've run those
  • 00:02:46
    constitutional amendments and I've put
  • 00:02:48
    money into food banks and coalition for
  • 00:02:50
    the homeless and it goes on and on. And
  • 00:02:53
    I will tell you this, not to pat me on
  • 00:02:55
    the back too much about it because I
  • 00:02:57
    don't really feel it. I don't really
  • 00:02:59
    feel it. I was at lunch the other day
  • 00:03:01
    and this woman walks up to me. She says,
  • 00:03:03
    "John, I just want to thank you and your
  • 00:03:05
    wife for the donation you made to I
  • 00:03:07
    dignity." I didn't know what I Dignity
  • 00:03:09
    was. I said, "How much do we give?" said
  • 00:03:11
    $500,000. It turns out that my wife had
  • 00:03:14
    given the money and by the way if you
  • 00:03:16
    want money call my wife
  • 00:03:19
    and I dignity is a place for the poorest
  • 00:03:22
    of the poor to get identification
  • 00:03:24
    because more and more in this country
  • 00:03:26
    you need to have identification just to
  • 00:03:28
    get food stamps. I believe when you make
  • 00:03:31
    this kind of money you have an
  • 00:03:32
    obligation to give it back. You don't
  • 00:03:34
    feel it. It doesn't hurt you. You know
  • 00:03:36
    you can look at me and know I'm not
  • 00:03:38
    missing too many meals. So, I don't feel
  • 00:03:41
    like I'm doing anything special. I feel
  • 00:03:43
    like I'm doing what I'm supposed to do.
  • 00:03:44
    >> So, I'm going to try to rephrase it.
  • 00:03:46
    What stops you from getting out that car
  • 00:03:49
    at the moment where you and your son and
  • 00:03:51
    you seen the homeless person? What
  • 00:03:52
    stopped you from changing that person's
  • 00:03:54
    life?
  • 00:03:54
    >> Well, we we have I do get out of the car
  • 00:03:57
    from sometimes. When I pull up to a
  • 00:03:59
    stoplight and there's somebody out there
  • 00:04:00
    begging for food, even if they look like
  • 00:04:03
    they've been eating donuts for the last
  • 00:04:05
    10 years, I give them money cuz I'm not
  • 00:04:08
    going to judge them. I look at them this
  • 00:04:09
    way. They're out there on the street in
  • 00:04:11
    the heat. I don't know what they're
  • 00:04:13
    doing out there. But you know what? I
  • 00:04:14
    don't It's not my job to judge. I feel
  • 00:04:16
    like a lot of billionaires, they say the
  • 00:04:18
    same thing. They say they do donate and
  • 00:04:20
    they do give to people. You give to
  • 00:04:21
    organizations and large conglomerates
  • 00:04:23
    that take your money and they break it
  • 00:04:24
    up and they throw it around. If you're
  • 00:04:26
    not handing something down to help
  • 00:04:27
    somebody who really needs it, then what
  • 00:04:30
    does it matter?
  • 00:04:30
    >> You're in the law field and and that's
  • 00:04:32
    how you've amassed your network and
  • 00:04:34
    everything that you've earned. If you
  • 00:04:36
    had to start over in a different
  • 00:04:37
    industry, what would you be in in order
  • 00:04:39
    to become a billionaire again?
  • 00:04:41
    >> I don't even know how it happened in the
  • 00:04:43
    first place. So, uh it's keep waking
  • 00:04:46
    waiting to wake up and it was all a
  • 00:04:48
    dream. I was like, how did this happen?
  • 00:04:51
    Listen, here's my problem. I suck in
  • 00:04:53
    math and I suck in science. So, there's
  • 00:04:55
    not many jobs left for me a after that.
  • 00:04:57
    But my gut tells me I'd want to go to
  • 00:04:59
    Wall Street and make deals like that.
  • 00:05:01
    But what I would probably do is stay in
  • 00:05:04
    the attraction business that I'm in. I
  • 00:05:06
    love that business because there's no
  • 00:05:09
    fighting. And I did it as a hobby. I
  • 00:05:12
    I've always thought what I could have
  • 00:05:14
    done with my attraction and amusement
  • 00:05:16
    business if I'd had it full-time instead
  • 00:05:19
    of it was more like collecting stamps
  • 00:05:21
    than anything to tell you the truth. So,
  • 00:05:23
    you made some comments about liking
  • 00:05:25
    capitalism and how much legislation you
  • 00:05:28
    did for raising the minimum wage for $15
  • 00:05:31
    an hour here in Florida. Is there anyone
  • 00:05:33
    at your law firm or your multiple
  • 00:05:35
    businesses that you're paying less than
  • 00:05:36
    $15 an hour now?
  • 00:05:38
    >> No. And I wasn't paying less then
  • 00:05:41
    because I believe that a living wage
  • 00:05:45
    is a civil right. I also believe that
  • 00:05:49
    retaining employees with a living wage
  • 00:05:53
    and bonuses, it's good for business. I
  • 00:05:56
    believe by paying more to my employees,
  • 00:06:00
    I keep them. Attrition is lower. And
  • 00:06:03
    believe it or not, although it sounds
  • 00:06:05
    backwards, I believe by paying more, I
  • 00:06:08
    make more because I keep people. And my
  • 00:06:12
    people are really all I have. So, in
  • 00:06:14
    your opinion, why aren't other
  • 00:06:16
    billionaires doing the same thing that
  • 00:06:18
    you're doing?
  • 00:06:18
    >> Well, I think some are and some aren't.
  • 00:06:20
    A lot of people have to like once I
  • 00:06:23
    raised the minimum wage here in Florida,
  • 00:06:25
    all of a sudden, out of the blue,
  • 00:06:28
    Universal raised the minimum wage to $15
  • 00:06:30
    an hour. I kind of took credit for that.
  • 00:06:33
    At a certain point when wages start to
  • 00:06:36
    rise, businesses have to respond because
  • 00:06:39
    if if Universal is paying $15, then
  • 00:06:41
    Disney's got to pay $15 because who
  • 00:06:44
    cares if you're running Small World or
  • 00:06:46
    Harry Potter? It's you're looking for a
  • 00:06:47
    job.
  • 00:06:48
    >> So, you mentioned a little bit how
  • 00:06:49
    you've um you know, put money into into
  • 00:06:51
    politics and things like that. And in
  • 00:06:53
    the current political climate in the
  • 00:06:54
    United States, um you know, our
  • 00:06:56
    government's run by the billionaires,
  • 00:06:57
    kind of for the billionaires. What do
  • 00:06:59
    you think the uh moral role of a
  • 00:07:01
    billionaire should be within uh the
  • 00:07:04
    United States government?
  • 00:07:05
    >> By and large, the opposite of what it
  • 00:07:07
    is. These fat cats got so much money,
  • 00:07:10
    but they want the tax laws to benefit
  • 00:07:12
    them. Like these hedge fund people don't
  • 00:07:15
    even pay taxes. And so the billionaires
  • 00:07:18
    are not satisfied with what they have.
  • 00:07:21
    They want more and more and more and
  • 00:07:23
    more. And what my worry is this income
  • 00:07:26
    inequality. At some point there's a
  • 00:07:28
    breaking point. At some point you can
  • 00:07:30
    become Cuba. And what I would say to
  • 00:07:32
    these billionaires, you're going to make
  • 00:07:34
    this Gulf so big and so vast. Just
  • 00:07:37
    because you don't think it could ever
  • 00:07:39
    happen in America, just remember January
  • 00:07:42
    6. Just remember them storming the
  • 00:07:44
    capital. Those were the barbarians at
  • 00:07:46
    the gate and they were mad as hell. And
  • 00:07:49
    you know what they're mad about? They
  • 00:07:51
    were mad because they think they're
  • 00:07:52
    going to fall further and further
  • 00:07:54
    behind. They weren't mad. and they
  • 00:07:55
    thought Donald Trump was the one that
  • 00:07:57
    could do it for them. But that's why
  • 00:07:58
    they stormed the capital. And when I saw
  • 00:08:00
    it, I said that could be our future if
  • 00:08:04
    we let the halves and the have nots get
  • 00:08:07
    so separated.
  • 00:08:08
    >> I think everybody knows that probably
  • 00:08:09
    every single billionaire does evade
  • 00:08:11
    taxes. And he did say that he wants
  • 00:08:13
    billionaires to be taxed so high, but I
  • 00:08:16
    can promise you he probably has found
  • 00:08:17
    ways to evade taxes. back in around like
  • 00:08:19
    1940s, you know, the the tax rate um was
  • 00:08:22
    around like 90 higher than 90%, right?
  • 00:08:25
    Would you be somebody that would
  • 00:08:27
    advocate to bring back such a high tax
  • 00:08:29
    rate in order to redistribute the
  • 00:08:30
    wealth?
  • 00:08:30
    >> I don't know about 90% because you got
  • 00:08:33
    to have some motivation. I listen I am a
  • 00:08:35
    capitalist. I believe in capitalism, but
  • 00:08:39
    I also believe we have to do the most
  • 00:08:40
    for the most with least.
  • 00:08:42
    >> So when you mention capitalism, right,
  • 00:08:43
    capitalism is kind of inherently
  • 00:08:46
    parasitical, right? you're going to
  • 00:08:47
    always take more from the workers. Um,
  • 00:08:50
    you're going to put a profit on their
  • 00:08:51
    labor that they're putting into the
  • 00:08:53
    business. And I think now we're seeing
  • 00:08:54
    that capitalism inherently causes these
  • 00:08:57
    income inequalities. So, I think we need
  • 00:08:59
    to expand those social safety nets. We
  • 00:09:01
    need to increase taxes on the wealthy in
  • 00:09:03
    order to allow the poor to enjoy, you
  • 00:09:06
    know, the things that maybe you enjoyed
  • 00:09:07
    when you were younger and things like
  • 00:09:08
    that.
  • 00:09:09
    >> Well, look, I agree with you. And I
  • 00:09:11
    think it's really for these for these
  • 00:09:13
    people who are so rich. They're going to
  • 00:09:14
    lose it one way or other if they don't
  • 00:09:16
    because look the thing about you got
  • 00:09:18
    socialism and capitalism. Socialism on
  • 00:09:21
    paper makes a lot of sense. But then you
  • 00:09:24
    got to count on everybody working. Will
  • 00:09:27
    they all work? But in the short run,
  • 00:09:29
    what we're seeing right now with this
  • 00:09:31
    big beautiful bill that they're talking
  • 00:09:32
    about, we're talking about cutting all
  • 00:09:34
    sorts of benefits to give more money to
  • 00:09:37
    the rich and dig our country into
  • 00:09:40
    trillions of more long-term debt. And I
  • 00:09:44
    look at it and I scratch my head. The
  • 00:09:46
    the rich should be taxed bigger and
  • 00:09:49
    harder. And so the reason I'm more for
  • 00:09:52
    capitalism is because if you go to a
  • 00:09:53
    socialistic country like France,
  • 00:09:55
    >> France is not socialist.
  • 00:09:57
    >> France is not.
  • 00:09:58
    >> No, you look at let's say China. We'll
  • 00:09:59
    give China for example.
  • 00:10:00
    >> Well, China is not China's communism.
  • 00:10:02
    I've been to China.
  • 00:10:02
    >> China is not communist.
  • 00:10:04
    >> Huh.
  • 00:10:04
    >> China is not communist. They're run by
  • 00:10:05
    the Chinese Communist Party, but they're
  • 00:10:07
    not have any they they're a socialist
  • 00:10:09
    country.
  • 00:10:09
    >> Socialist.
  • 00:10:10
    >> Yes. And you look at their
  • 00:10:11
    infrastructure. I've been to China.
  • 00:10:13
    >> Wealth inequality and it's actually, you
  • 00:10:15
    know, pretty good.
  • 00:10:15
    >> Have you ever been to China?
  • 00:10:17
    >> Have I? No. Why not?
  • 00:10:18
    >> Let me tell you something. It is the
  • 00:10:20
    most oppressed country ever.
  • 00:10:23
    >> Look. No. China is not oppressed. Look
  • 00:10:25
    at China. China is the They have great
  • 00:10:26
    social safety net.
  • 00:10:27
    >> You need to go to China and watch the
  • 00:10:30
    people with their heads down.
  • 00:10:31
    >> This is a completely different China
  • 00:10:33
    we're talking about. I'm talking
  • 00:10:34
    >> I'm not China today.
  • 00:10:35
    >> I'm talking Yeah. If we're talking about
  • 00:10:36
    China today, then no,
  • 00:10:37
    >> then you you have drank the wrong
  • 00:10:39
    Kool-Aid.
  • 00:10:40
    I was like, "Oh, I'm the only Asian
  • 00:10:43
    person in the room." So, it's like so
  • 00:10:45
    weird to see somebody kind of like
  • 00:10:47
    debate about a country that my mom is
  • 00:10:49
    from. I would have to agree with John
  • 00:10:52
    more in terms of like China being a
  • 00:10:54
    communist country.
  • 00:10:56
    >> John, I'm a parent and one of the
  • 00:10:58
    challenges I have is making sure that my
  • 00:11:01
    mindset is not my children's mindset.
  • 00:11:04
    How do you overcome that challenge as a
  • 00:11:06
    billionaire to make sure your children
  • 00:11:09
    have their own mindsets?
  • 00:11:11
    >> That's hard to do because they live with
  • 00:11:13
    you and they hear you. The interesting
  • 00:11:16
    thing about life is you get older, you
  • 00:11:18
    start listening to your children, you're
  • 00:11:19
    like, they're stealing all my
  • 00:11:22
    That's I said that. I did that. But what
  • 00:11:25
    I used to tell them is this. When you're
  • 00:11:27
    watching me, take the good parts
  • 00:11:31
    and leave the bad parts. And the thing I
  • 00:11:34
    used to tell my kids is the only thing
  • 00:11:37
    that I want you to be, I don't care what
  • 00:11:39
    you are other than this, I want you to
  • 00:11:42
    be a compassionate human being. I want
  • 00:11:45
    you to put other people first. And
  • 00:11:47
    that's the only mindset that I wanted
  • 00:11:50
    them to take and and I think that they
  • 00:11:52
    have done that.
  • 00:11:53
    >> One of my goals, I think, is to make my
  • 00:11:55
    kids better than me. What's your main
  • 00:11:56
    challenge that you see as a billionaire
  • 00:12:00
    making your kids better than you? The
  • 00:12:02
    main challenge is that your children do
  • 00:12:05
    not feel entitled. There's nothing worse
  • 00:12:07
    than an entitled person. Somebody who
  • 00:12:09
    was born with a silver spoon stuck up
  • 00:12:12
    their butt and they become the worst
  • 00:12:15
    person in the world. Uh I never bought
  • 00:12:17
    my kids nice cars cuz I knew they were
  • 00:12:20
    going to be dinged. And you have to make
  • 00:12:22
    your kids work. You have to have
  • 00:12:25
    consequences that are consistent. But
  • 00:12:28
    the main thing you have to do if I was
  • 00:12:30
    giving advice as a parent, you got to
  • 00:12:32
    spend a whole lot of time. It's all
  • 00:12:34
    about the time. And remember this, your
  • 00:12:36
    child is one friend away. One friend
  • 00:12:39
    away from total disaster. And when that
  • 00:12:42
    h when you see that friend, you got to
  • 00:12:45
    separate that friend as hard as it is.
  • 00:12:47
    So, you just mentioned that when you
  • 00:12:50
    have a child who is having a friend that
  • 00:12:53
    you find them to be not good for them
  • 00:12:55
    essentially that you have to do what you
  • 00:12:56
    can to separate them. As a billionaire,
  • 00:12:59
    what does that entail for you?
  • 00:13:00
    >> Well, you can only do so much. I mean,
  • 00:13:02
    I've only separated two friends in all
  • 00:13:06
    the years. And one was a kid who used to
  • 00:13:08
    come over and, you know, he just rire of
  • 00:13:10
    marijuana and he was stoned and and I
  • 00:13:12
    just I just had a bad vibe. And I said,
  • 00:13:14
    "Look, so and so, you can't go over
  • 00:13:17
    there and he can't come over here." My
  • 00:13:19
    son Matthew was enraged. You can't tell
  • 00:13:23
    me who's going to be my friend. I said,
  • 00:13:25
    "I'm telling you, you can't go there and
  • 00:13:28
    they can't come here." But you can't
  • 00:13:30
    stop them at school. You can't stop them
  • 00:13:31
    at a certain point. Later in life, I was
  • 00:13:35
    justified because that kid that I was
  • 00:13:37
    worried about ended up in prison.
  • 00:13:40
    >> I'm someone who works with youth in
  • 00:13:41
    Orlando. Uh I spend uh every moment of
  • 00:13:44
    my days to coach and develop the youth
  • 00:13:47
    in Orlando and I work with atrisisk
  • 00:13:49
    youth and one of the biggest things that
  • 00:13:51
    I have seen in Orlando is that since
  • 00:13:54
    medical marijuana was passed as a bill
  • 00:13:56
    in Florida, marijuana use has become
  • 00:13:58
    normalized among the youth and those
  • 00:14:00
    that are underageed. One of the things
  • 00:14:01
    that you mentioned earlier is that you
  • 00:14:04
    didn't allow your son to be friends with
  • 00:14:05
    someone who smoked pot because he
  • 00:14:08
    smelled loud and he smoked weed. So why
  • 00:14:11
    would you advocate for a bill like that
  • 00:14:13
    to be passed when you kicked someone out
  • 00:14:15
    of your family's circle who was smoking
  • 00:14:17
    weed themselves?
  • 00:14:18
    >> When my brother was paralyzed, they had
  • 00:14:21
    him on Percoet, Xanax, and everything
  • 00:14:23
    else. The only thing that gave him
  • 00:14:27
    relief, immediate relief, was marijuana.
  • 00:14:31
    Listen, I believe that marijuana use at
  • 00:14:34
    an early age fries the mind. I drug
  • 00:14:37
    tested my children a lot and my son
  • 00:14:41
    Matthew failed that drug test a lot. But
  • 00:14:45
    here's the difference. Would I rather
  • 00:14:47
    have my brother taking
  • 00:14:49
    marijuana gummy or opioids, fentanyl?
  • 00:14:53
    It's a no-brainer. So, I don't think
  • 00:14:55
    marijuana use is on the rise. Let me
  • 00:14:57
    tell you something. If you want
  • 00:14:59
    marijuana today, go to any middle school
  • 00:15:02
    in America. Yep. And we'll have a nickel
  • 00:15:05
    bag. real fast.
  • 00:15:06
    >> Yeah.
  • 00:15:07
    >> Yeah. So, do you feel that there's a
  • 00:15:10
    ethical gray area when it comes to use
  • 00:15:12
    of marijuana or other drugs in the youth
  • 00:15:15
    or in adults in our country? And do you
  • 00:15:18
    think that that leads to potentially a
  • 00:15:20
    ethical gray area for you as a
  • 00:15:22
    billionaire as it relates to other
  • 00:15:23
    things in your life?
  • 00:15:24
    >> Medical marijuana? No way. Because
  • 00:15:26
    listen, where I think the unethical
  • 00:15:28
    conduct is coming from is from the
  • 00:15:30
    pharmaceutical industry. Marijuana is a
  • 00:15:34
    plant that was put into earth by God or
  • 00:15:38
    by nature and it works. I don't know how
  • 00:15:41
    it works. I don't know how aloe works
  • 00:15:43
    but when you rub aloe on sunscreen you
  • 00:15:46
    it goes away. So I feel very good
  • 00:15:50
    morally, ethically
  • 00:15:52
    every single way about what I did with
  • 00:15:54
    medical marijuana. And here's the proof
  • 00:15:56
    in the pudding. A million people in
  • 00:15:58
    Florida have a card and guess who uses
  • 00:16:00
    it mostly? people 65 and older. Go to
  • 00:16:03
    the marijuana stores. Look at the
  • 00:16:05
    marijuana stores. Look who's going in.
  • 00:16:07
    It ain't kids. It's me.
  • 00:16:09
    >> Yeah. So, I'm still really confused
  • 00:16:11
    about the marijuana thing. I feel like
  • 00:16:12
    with a lot of billionaires, they do want
  • 00:16:14
    to care for people, but they really
  • 00:16:15
    don't want them around them. So, that's
  • 00:16:16
    what I feel that you feel with the
  • 00:16:18
    marijuana. You're fine with people
  • 00:16:19
    growing it. You're fine with people
  • 00:16:20
    doing whatever. But, right, when it's in
  • 00:16:21
    your house, you don't really care about
  • 00:16:23
    the person. You want them not around you
  • 00:16:25
    or your family.
  • 00:16:25
    >> I I take a gummy every night. It's in my
  • 00:16:27
    house every It's What are you talking
  • 00:16:29
    about? Then why did you kick the person
  • 00:16:31
    out of your house?
  • 00:16:32
    >> He was a kid who I thought was not just
  • 00:16:34
    that that he wreaked a marijuana. He was
  • 00:16:37
    a kid who I thought was bad news. I
  • 00:16:40
    didn't think that he was smoking
  • 00:16:42
    marijuana. I thought he was selling
  • 00:16:44
    marijuana. Look, I think all of
  • 00:16:46
    Matthew's friends smoke marijuana. And
  • 00:16:48
    so that wasn't the issue. The issue was
  • 00:16:51
    this guy might be a criminal. This guy
  • 00:16:55
    is a bad influence. So don't take it the
  • 00:16:58
    wrong way.
  • 00:16:58
    >> Okay. So, you kind of briefly talked on
  • 00:17:00
    like uh for-profit uh CEOs and things
  • 00:17:03
    like that. I was just kind of hoping to
  • 00:17:04
    hear your take on the current state of,
  • 00:17:06
    you know, healthcare and what recently
  • 00:17:09
    um occurred with with their CEO.
  • 00:17:11
    >> Before I answer that question, I want to
  • 00:17:12
    go back to the coach's question about
  • 00:17:14
    marijuana, just so everybody understands
  • 00:17:15
    where I stand. If John Morgan was king,
  • 00:17:18
    I'd legalize marijuana all over the
  • 00:17:20
    country and I'd let you grow it at your
  • 00:17:23
    house. So, that's how I feel about
  • 00:17:26
    marijuana. As far as the health care,
  • 00:17:28
    think about this for a minute. There's
  • 00:17:30
    only one place that we go ever and we
  • 00:17:33
    never ask what it cost. When you go to
  • 00:17:35
    get your haircut, what's it cost? When
  • 00:17:37
    you go to buy candy bar, what's it cost?
  • 00:17:39
    When you walk into a hospital, none of
  • 00:17:41
    us ever ask what it's going to cost. You
  • 00:17:43
    can get a Tylenol pill over here for 20
  • 00:17:45
    bucks. It could be a dollar at the other
  • 00:17:47
    hospital. The of the insurance industry
  • 00:17:51
    by health care is awful. It's off the
  • 00:17:53
    charts. Our pharmaceuticals in this
  • 00:17:56
    country are way more money than
  • 00:17:58
    pharmaceuticals in his favorite country,
  • 00:18:01
    China.
  • 00:18:03
    And so you've got the health care where
  • 00:18:05
    we don't ask what things cost. And then
  • 00:18:07
    you got insurance companies who are
  • 00:18:09
    fighting health care and they're trying
  • 00:18:12
    to gouge. The hospitals are trying to
  • 00:18:13
    gouge. The insurance companies are
  • 00:18:15
    trying to not be gouged. They're
  • 00:18:17
    fighting. And guess who's stuck in the
  • 00:18:19
    middle? The person who needs treatment.
  • 00:18:23
    the person who has cancer and they're
  • 00:18:25
    saying we're not going to do this, we're
  • 00:18:26
    not going to do that. And then what
  • 00:18:28
    happens? People go postal. People snap.
  • 00:18:32
    >> So would you be in favor then of a
  • 00:18:34
    socialized form of healthcare in the
  • 00:18:36
    United States? I
  • 00:18:37
    >> I don't know how it will work. Listen,
  • 00:18:39
    >> every other country, every other major
  • 00:18:40
    country has a socialized form of
  • 00:18:41
    healthcare.
  • 00:18:42
    >> When Obama was president, he came to my
  • 00:18:44
    house as president. I supported Obama.
  • 00:18:46
    I'm on the national finance committee
  • 00:18:48
    for Obama. And one of the things that
  • 00:18:50
    really that I really liked about Obama
  • 00:18:54
    was Obamacare. A lot of people lost
  • 00:18:57
    their House seats for voting for
  • 00:18:58
    Obamacare. So listen, I'm all ears about
  • 00:19:03
    anything we can do to get more medicine
  • 00:19:06
    and more treatment of people. My
  • 00:19:07
    brother-in-law is a is a physician up in
  • 00:19:09
    Hayes City, Florida. I have a clinic
  • 00:19:11
    called the Morgan and Morgan Clinic
  • 00:19:13
    where we he runs it, I fund it, and we
  • 00:19:16
    take care of everybody who is lost in
  • 00:19:19
    the system who can't get care.
  • 00:19:21
    >> How do you deal with profiting over
  • 00:19:23
    other people's injuries in your law
  • 00:19:26
    firm?
  • 00:19:26
    >> Every business is in business to make a
  • 00:19:29
    profit. If you don't have a profit, you
  • 00:19:31
    don't have a business. On the other side
  • 00:19:33
    of me and on the other side of my
  • 00:19:35
    clients are insurance companies.
  • 00:19:37
    Insurance companies do this. They take
  • 00:19:39
    in premiums and they try not to pay
  • 00:19:42
    claims. When they try not to pay claims
  • 00:19:44
    fairly, that's when I'm hired. When I'm
  • 00:19:47
    hired, the people who are hiring me
  • 00:19:48
    cannot afford a lawyer by the hour. And
  • 00:19:51
    the insurance industry, they live in
  • 00:19:54
    this world. Deny, delay, defend. Their
  • 00:19:58
    job is to never be fair with you. The
  • 00:20:01
    people who come to me at their time of
  • 00:20:04
    need are people who've had something
  • 00:20:06
    taken from them. The business I'm in is
  • 00:20:10
    being the key to the courthouse for
  • 00:20:11
    people who can't afford it, taking all
  • 00:20:14
    of the risk. And believe me, I've lost
  • 00:20:16
    some cases where I've written off
  • 00:20:18
    millions of dollars. But at the end of
  • 00:20:20
    the day, the only thing between me and
  • 00:20:23
    them getting a fair shake from the
  • 00:20:26
    insurance industry is what we do, which
  • 00:20:28
    is take them to trial. So, I never even
  • 00:20:31
    realized it could be this lucrative
  • 00:20:33
    until I got in it. But I've also scaled
  • 00:20:36
    it in such a way that most personal
  • 00:20:38
    injury firms are like, you know, one
  • 00:20:40
    trick ponies in one city. I built mine
  • 00:20:42
    throughout the entire United States. And
  • 00:20:44
    by having the scale that I have, my
  • 00:20:46
    profit got a lot bigger.
  • 00:20:48
    >> Um, you have mentioned before that um
  • 00:20:50
    you make money off of people's injuries
  • 00:20:53
    and stuff like that. Do you think it's
  • 00:20:55
    uh ethical to I don't want to say take
  • 00:20:58
    advantage of people, but take advantage
  • 00:21:00
    of people when they're most most
  • 00:21:01
    vulnerable? I think what I do is highly
  • 00:21:03
    ethical. I think that the insurance
  • 00:21:05
    industry is very unethical. I believe
  • 00:21:09
    that I'm the difference between people
  • 00:21:11
    getting back what was taken from them
  • 00:21:13
    and relying on the insurance company. I
  • 00:21:16
    believe that what I do is almost not
  • 00:21:20
    quite like a ministry because people
  • 00:21:23
    come to me in their most desperate hour
  • 00:21:25
    whether they lost their home, lost a
  • 00:21:27
    life, lost a limb, lost livelihood and
  • 00:21:30
    they have no way to fight back. So I can
  • 00:21:33
    tell you this. I sleep very well with
  • 00:21:36
    what I do and why I do it because I am
  • 00:21:40
    the civil police representing the people
  • 00:21:45
    who cannot have a voice for themselves.
  • 00:21:48
    I got into this business because my
  • 00:21:51
    brother Tim was paralyzed. So I got to
  • 00:21:53
    see what it's like to be on the other
  • 00:21:55
    side. I got to see what it's like to be
  • 00:21:57
    the poor person that's being oppressed.
  • 00:22:01
    And I'll tell you what, it is the worst
  • 00:22:03
    feeling in the whole world to be
  • 00:22:07
    hopeless, powerless, helpless. And when
  • 00:22:10
    you get to step in and even the playing
  • 00:22:12
    field and say, "Hey, that ain't going to
  • 00:22:14
    happen." And when they try to give you
  • 00:22:16
    peanuts, we're like, "We're not taking
  • 00:22:18
    peanuts." When I walk into my lobbies
  • 00:22:21
    throughout America, when I see those
  • 00:22:23
    clients sitting there, I see my brother,
  • 00:22:26
    I see my family, and I want to treat
  • 00:22:28
    them exactly exactly the way I would
  • 00:22:31
    have wanted to be treated.
  • 00:22:32
    >> Do you believe most billionaires and
  • 00:22:34
    lawyers are compassionate?
  • 00:22:35
    >> I think it's it all it all depends on
  • 00:22:37
    the person. I believe what's helped me
  • 00:22:40
    in my life was I came from a very
  • 00:22:44
    difficult childhood with a lot of
  • 00:22:46
    economic insecurity and alcoholism.
  • 00:22:50
    Everything bad that you could think
  • 00:22:51
    happened did happen. But the good thing
  • 00:22:54
    about those things, if you take it the
  • 00:22:57
    right way, is those things can generate
  • 00:23:00
    later in life uh serious compassion on
  • 00:23:04
    your part. Whenever I would see somebody
  • 00:23:06
    homeless, I used to tell my children,
  • 00:23:08
    "Just remember this. They don't want to
  • 00:23:10
    be there." And once upon a time, that
  • 00:23:13
    was a little girl and little boy eating
  • 00:23:15
    an ice cream cone, swinging, having the
  • 00:23:17
    time of their life. And they don't want
  • 00:23:19
    to be there. And don't judge them
  • 00:23:21
    because we don't know how they got
  • 00:23:23
    there. John, how do you care for your
  • 00:23:25
    clients when you're done with them? I
  • 00:23:28
    know your motto is for the people, but
  • 00:23:30
    it seems like it's only for the client.
  • 00:23:33
    up until a certain point the award is
  • 00:23:35
    won, the case is closed. How do you take
  • 00:23:38
    care of your people after you're done
  • 00:23:41
    with them?
  • 00:23:41
    >> Here's how I take care of the people.
  • 00:23:44
    I change conduct. I just got a big
  • 00:23:47
    verdict against Takata airbags down in
  • 00:23:49
    Miami a few weeks ago. I can promise you
  • 00:23:52
    this. Because of my cases, Takata is
  • 00:23:55
    changing their conduct. I'm one of the
  • 00:23:57
    lawyers on the opioid cases. These
  • 00:23:59
    pharmaceutical companies were killing
  • 00:24:02
    us. That's not happening anymore. I have
  • 00:24:04
    cases against the tobacca industry. The
  • 00:24:06
    tobaca industry is in the business of
  • 00:24:09
    pre-meditated murder. These are evil,
  • 00:24:13
    evil, evil companies. And so for the
  • 00:24:17
    people, not my clients, the people, the
  • 00:24:19
    people who I'll never represent, the
  • 00:24:21
    people who will never know me. I'm
  • 00:24:24
    changing conduct.
  • 00:24:25
    >> Um, my question to you, throughout law
  • 00:24:27
    school, I heard a lot that lawyers are
  • 00:24:29
    the reason why insurance costs so much
  • 00:24:31
    and is expensive. So what is your take
  • 00:24:32
    on that?
  • 00:24:33
    >> Well, you heard that from the insurance
  • 00:24:35
    industry. There's been tort reform after
  • 00:24:37
    tort reform all across America. And you
  • 00:24:40
    know why they have this what's called
  • 00:24:42
    tort reform to take away your rights, my
  • 00:24:45
    rights, their rights. They say we're
  • 00:24:47
    going to take certain rights away from
  • 00:24:48
    you and then and your rates are going to
  • 00:24:50
    go down. But here's what's never
  • 00:24:52
    happened. They've never tied one of
  • 00:24:54
    those bills to a mandatory decrease of
  • 00:24:57
    insurance premiums. These insurance
  • 00:25:00
    companies take premiums in. They make
  • 00:25:02
    bad investments and then they say, "Oh,
  • 00:25:04
    the lawyers are causing us to make bad
  • 00:25:06
    investments." No, the lawyers aren't the
  • 00:25:08
    problem. The insurance companies who run
  • 00:25:11
    their companies poorly are the problem.
  • 00:25:14
    And they just want bigger profits. And
  • 00:25:16
    by the way, when you go home, Google
  • 00:25:18
    their profits. Google what their CEOs
  • 00:25:20
    are making. They're not hurting. They're
  • 00:25:22
    making a lot of money.
  • 00:25:24
    >> If you lost all your wealth tomorrow,
  • 00:25:26
    what would be your next step in this
  • 00:25:27
    struggling economy? Do you think you
  • 00:25:29
    could pull it off? Do you think it could
  • 00:25:30
    be just as su as as successful?
  • 00:25:32
    >> I think if I did this again, I would not
  • 00:25:34
    be this successful. This has been a
  • 00:25:36
    series of left turns and right turns and
  • 00:25:38
    all of a sudden you end up here. I'm not
  • 00:25:40
    arrogant enough. I believe that 99% of
  • 00:25:44
    what's happened to me is luck or
  • 00:25:48
    blessings or whatever you want to call
  • 00:25:50
    it. I'm a pastor and one of the core
  • 00:25:53
    tenants of many faith systems in the
  • 00:25:55
    world is a rejection of possessions and
  • 00:25:58
    uh wealth. Do you feel like you had to
  • 00:26:00
    sacrifice part of yourself or your faith
  • 00:26:02
    or your family to be able to get where
  • 00:26:04
    you are today?
  • 00:26:05
    >> Not at all. Because my faith has been
  • 00:26:09
    the at the forefront of everything I've
  • 00:26:11
    done. It's the teachings from my faith
  • 00:26:14
    guide me not only in my life life, but
  • 00:26:17
    in my business life. And those lessons
  • 00:26:20
    are are fairly clear to me. Do I think I
  • 00:26:23
    need to take a vow of poverty? I don't
  • 00:26:25
    think so. If id done that I would would
  • 00:26:28
    have been a Catholic priest. So no I
  • 00:26:30
    have never found a conflict in making
  • 00:26:33
    money in my faith. I think the conflict
  • 00:26:35
    would be if I made money and didn't use
  • 00:26:39
    my money for what I've been taught to
  • 00:26:42
    use my money for. What my goal is is I
  • 00:26:46
    don't live I don't live anywhere near
  • 00:26:48
    what I make ex except you know my jet
  • 00:26:53
    and that is excess but I don't live that
  • 00:26:56
    way and my goal now is that my think my
  • 00:26:59
    children are set I do not want to leave
  • 00:27:01
    the government one penny I think that I
  • 00:27:04
    mean if you want to see your money
  • 00:27:05
    wasted give it to Congress and what I
  • 00:27:09
    want to do is I want to do as much as I
  • 00:27:11
    can while I'm alive and leave it a huge
  • 00:27:13
    amount of money into a foundation and
  • 00:27:16
    that will say at that foundation, faith
  • 00:27:19
    without works is dead.
  • 00:27:21
    >> I personally work at my family's cafe
  • 00:27:24
    and I was wondering how much do you
  • 00:27:26
    normally tip customer service workers
  • 00:27:28
    that are in serving positions.
  • 00:27:31
    >> 100 bucks. And I'll tell you why. We're
  • 00:27:34
    a member of three different churches and
  • 00:27:36
    my wife gives away I don't even know
  • 00:27:37
    what she gives to these churches. But I
  • 00:27:39
    am much more interested in leaving $100
  • 00:27:42
    tips for my servers and for the people
  • 00:27:45
    who cut my hair than throwing $100 in
  • 00:27:48
    the collection plate because a $100 to
  • 00:27:52
    somebody can change their day. I got a
  • 00:27:55
    case one time where a little boy was
  • 00:27:57
    killed by a bus in Jacksonville. My
  • 00:27:59
    investigator called me said, "I just
  • 00:28:01
    think I'd tell you how we got this
  • 00:28:02
    case." I said, "How?" He said, "The
  • 00:28:04
    woman met you once." Said, "When did she
  • 00:28:05
    meet me?" "Five years ago." "Where?" It
  • 00:28:07
    was Christmas Eve at uh Bob Evans and I
  • 00:28:11
    went there for breakfast with my
  • 00:28:12
    daughter and she told my investigator
  • 00:28:15
    and he left me a $100 tip. That's why
  • 00:28:19
    she called me. So, I don't know where
  • 00:28:21
    your cafe is, but let me know and I'll
  • 00:28:23
    come in and
  • 00:28:25
    >> leave you a $100 tip.
  • 00:28:26
    >> I'll definitely let you know. That's an
  • 00:28:28
    amazing tip. Thank you, John.
  • 00:28:30
    >> Do you believe it's justifiable to be
  • 00:28:31
    worth a billion dollars while millions
  • 00:28:33
    live in poverty?
  • 00:28:34
    >> No. If I could undo it all and let us
  • 00:28:37
    all be the same, that's what I would do.
  • 00:28:39
    >> Okay. And do you believe because I heard
  • 00:28:40
    something about how you don't agree with
  • 00:28:42
    the government spending, which I
  • 00:28:43
    actually do agree with. So, how would
  • 00:28:44
    you split up the money?
  • 00:28:45
    >> The most to the most with the least. I
  • 00:28:49
    believe that that there are people that
  • 00:28:51
    are, and I don't believe it, I know it.
  • 00:28:54
    When you go out to the Morgan Morgan
  • 00:28:55
    Hunger Relief Center, the people that
  • 00:28:57
    are walking in there are not the
  • 00:28:59
    homeless. They're walking in there
  • 00:29:01
    dressed in workc clothes with their
  • 00:29:04
    children to get free food and it's an
  • 00:29:08
    abomination.
  • 00:29:09
    >> Yeah. Because I go to the University of
  • 00:29:10
    Florida cuz I remember you mentioning it
  • 00:29:12
    and one thing I've noticed as a college
  • 00:29:14
    student is that there is a lot of
  • 00:29:15
    corruption throughout it from the
  • 00:29:17
    president even from student government
  • 00:29:18
    funneling millions and then when I like
  • 00:29:20
    look into to see what happened to them,
  • 00:29:22
    nothing really happened. They didn't go
  • 00:29:23
    to jail or anything. Look, the
  • 00:29:24
    University of Florida, they hired this
  • 00:29:26
    president who was just a buddy of the
  • 00:29:28
    governors and he came up there and the
  • 00:29:30
    University of Florida and took so much
  • 00:29:32
    money and he's still on the payroll. Ben
  • 00:29:34
    Sass.
  • 00:29:35
    >> Yeah, that's what a lot of college
  • 00:29:36
    students are talking about here.
  • 00:29:37
    >> It's an outrage. And by the way, when
  • 00:29:39
    you Google those articles, the
  • 00:29:40
    alligator, I'm I'm all over those allig.
  • 00:29:45
    >> So, you just mentioned that everyone's a
  • 00:29:47
    politician now, but you also said that
  • 00:29:49
    you also have done at least two
  • 00:29:51
    different things with legislation. So
  • 00:29:53
    would you consider yourself to also be a
  • 00:29:55
    politician?
  • 00:29:56
    >> Sort of. You know, there's everybody
  • 00:29:58
    wants me to run for governor of Florida
  • 00:30:00
    right now. When when I'd go to the White
  • 00:30:02
    House, they'd take me over to the side
  • 00:30:03
    and show me polling on me, but and
  • 00:30:05
    there's a side of me that thinks I could
  • 00:30:07
    be good at it. But then there's a side
  • 00:30:08
    of me that really enjoys living in Maui
  • 00:30:13
    half the year. So I I became sort of a
  • 00:30:16
    politician because listen, they were
  • 00:30:19
    fighting me hard on the minimum wage.
  • 00:30:22
    They were fighting me hard on medical
  • 00:30:25
    marijuana and I was out debating
  • 00:30:28
    sheriffs and everybody I was debating
  • 00:30:30
    had a green suit on and a gun. So it's
  • 00:30:33
    like you know a little hard to debate
  • 00:30:35
    them. So I was sort of a politician
  • 00:30:37
    because I was in the political realm and
  • 00:30:39
    that's why all this talk about me about
  • 00:30:42
    people want me to run for governor is is
  • 00:30:44
    percolating. So, uh, today I think we've
  • 00:30:47
    all sat here and we've heard you talk
  • 00:30:48
    about your jet and Maui and your three
  • 00:30:52
    homes and the money that sits in your
  • 00:30:54
    account that you don't care to touch. I
  • 00:30:56
    think we all have experienced at some
  • 00:30:58
    point in time that moment that you
  • 00:30:59
    talked about as a kid sitting there
  • 00:31:01
    hoping and praying that somebody would
  • 00:31:03
    help you. So, I guess my question that
  • 00:31:04
    you didn't really answer, you just told
  • 00:31:05
    me how much you have. What stops you
  • 00:31:07
    from helping every person in this room
  • 00:31:09
    that's struggling right now that can't
  • 00:31:12
    pay a bill, had to miss out on work? How
  • 00:31:14
    do you help them? What do you do?
  • 00:31:15
    Because you got a private jet. But I had
  • 00:31:17
    to take off from work today and I'm
  • 00:31:19
    struggling. I got bills, man. And I'm
  • 00:31:21
    not begging for money, but I'm saying
  • 00:31:23
    what stops you from being able to go and
  • 00:31:25
    help us and change our lives because
  • 00:31:29
    >> Let me give you a hundred while we're
  • 00:31:30
    here.
  • 00:31:34
    >> U Thank you.
  • 00:31:38
    >> Don't buy marijuana.
  • 00:31:39
    >> No, I I don't smoke out middle school.
  • 00:31:42
    >> No, man. Uh, nothing stops me. Listen,
  • 00:31:45
    here's how I look at it. I went to a
  • 00:31:47
    religious retreat one time under duress.
  • 00:31:49
    It was called a CIO and and I thought it
  • 00:31:52
    was going to be a bunch of bullit and it
  • 00:31:53
    was basically a bunch of but at the very
  • 00:31:55
    end it all came down to one thing that I
  • 00:31:58
    took from that meeting. And here's what
  • 00:31:59
    I took. I can't change the whole world.
  • 00:32:02
    I would love to be able to. But the
  • 00:32:05
    phrase that I took from that CIO weekend
  • 00:32:07
    was bloom where you're planted. What
  • 00:32:10
    does that mean? That means I can't solve
  • 00:32:13
    hardly anything. But every once in a
  • 00:32:16
    while I'll get a God whisper, somebody
  • 00:32:19
    asking. Then I think back to that CIO
  • 00:32:21
    and it's like bloom where your planet
  • 00:32:23
    and I feel like at this moment that's
  • 00:32:26
    what I'm being asked to do. And I can
  • 00:32:28
    only do so much. I'm trying to manage my
  • 00:32:33
    money so that at the end of it all it
  • 00:32:36
    can have the greatest bang for its buck.
  • 00:32:40
    You know, if I'm being completely
  • 00:32:41
    honest, I'm not sure if there's anything
  • 00:32:43
    that would have been a perfect answer
  • 00:32:45
    just because he's really good at talking
  • 00:32:47
    to you and he's a likable guy and he's
  • 00:32:49
    got uh he's soft in the eyes, so it's
  • 00:32:51
    easy for him to uh to get you on his
  • 00:32:53
    side. So, I don't know if there's
  • 00:32:54
    anything he could have said that would
  • 00:32:56
    have uh completely changed my mind, but
  • 00:32:58
    I think showing your actions. He handed
  • 00:33:00
    me $100, but there were people in the
  • 00:33:02
    room had told their stories throughout
  • 00:33:04
    the day and with a lot of cash in your
  • 00:33:06
    hand, you could shut me up, but he could
  • 00:33:08
    have given it to everybody. he could
  • 00:33:09
    have shown in that moment that he has
  • 00:33:11
    the power to change your life and he
  • 00:33:13
    could try to change your life. Even if
  • 00:33:14
    it's a small amount, it's better than
  • 00:33:16
    nothing. And uh he didn't really do
  • 00:33:17
    that.
  • 00:33:18
    >> One of the takeaways I took is there was
  • 00:33:21
    a quiet desperation,
  • 00:33:23
    a little bit of a worry about the future
  • 00:33:26
    and a little resentment about people who
  • 00:33:30
    have money.
  • 00:33:31
    >> I think billionaires are um inherently
  • 00:33:33
    parasitical to society as a whole. no
  • 00:33:35
    matter how they accumulated that wealth,
  • 00:33:37
    they're always going to be profiting off
  • 00:33:38
    of the backs of people who are who are
  • 00:33:40
    doing the work. In his case, he's the
  • 00:33:42
    the better of a evil system in general.
  • 00:33:44
    While, you know, he is helping injured
  • 00:33:46
    people get the uh settlement that they
  • 00:33:48
    feel they deserve, he is still profiting
  • 00:33:50
    off of advocating for that inj injury.
  • 00:33:53
    I'm of the valition that there is
  • 00:33:55
    nothing wrong with billionaires. I am a
  • 00:33:57
    ravid capitalist and I know John talked
  • 00:33:59
    about that a lot, but that's that is who
  • 00:34:01
    I am. That is my background. I think
  • 00:34:03
    that if you have a financial wealth,
  • 00:34:06
    yes, you should definitely do good
  • 00:34:07
    things with it and you need to help the
  • 00:34:09
    people around you. That's just moral
  • 00:34:10
    code. But I don't believe that
  • 00:34:12
    billionaires are inherently bad or, you
  • 00:34:15
    know, they're out to prove world
  • 00:34:17
    domination or something of the sort like
  • 00:34:18
    that. I
  • 00:34:19
    >> I think a lot of the questions are going
  • 00:34:21
    to help me reflect on on those questions
  • 00:34:25
    and what I should and am doing.
Etiquetas
  • John Morgan
  • billionaire
  • philanthropy
  • income inequality
  • minimum wage
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  • lawyer
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