1 Put 120 U.S. doctors through medical school
Medical school tuition in the U.S. ranges from around $150,000 to $250,000 depending on whether students go to school in state or out of state, and whether they select a private or public institution. At a median tuition price of $200,000, the diamond could have paid for the tuition costs of 120 new doctors who could then spend their careers helping many thousands of people.
There was so much good he could have done with his money, but no he puts a diamond in his head.
2 Provide lifetime sponsorship for 3,175 children through SOS Children's Villages
According to their website, SOS Children's Villages was founded in 1949 and is "the largest nongovernmental organization dedicated to the care of orphaned and abandoned children". They "build families for orphaned, abandoned and other vulnerable children in 135 countries, including the United States" and "provide children with the love and long-term support they need to shape their own futures."
The cost to sponsor a child is currently $35 per month which adds up to $7,560 for 18 years. $24 million would pay the sponsorship fees for 3,174 children.
3 Pay off student loans for 733 Americans
According to Federal Reserve, the average student loan debt in 2021 among borrowers is $32,731. Paying off this debt often times takes years and can hold graduates back from achieving their life goals. 733 graduates could have be given a clean slate and Woods would be saved from having a literal hole in his head.
4 Provide 1 year's worth of insulin for 4,000 Americans
Insulin prices in the U.S. are prohibitively expensive for many people who need it in order to maintain quality of life (and their feet) or in some cases to even stay alive. The reasons for this are another discussion for another day, but the fact is that according to the American Action Forum, the average price for insulin in the U.S. was $6,000 per year in 2020. At that price, $24 million could have provided this lifesaving medication for 4,000 diabetic Americans.
5 Pay individual health insurance premiums for 48,000 Americans
Being uninsured in the U.S., especially in the middle of a pandemic, is like playing a lottery where if you lose, a single trip to the hospital could result in bankruptcy. The average cost of a 6 day stay in an ICU for COVID-19 treatment is a little over $70,000. Few people are able to simply absorb that sort of hit to their finances.
According to Value Penguin, the average cost of individual health insurance in the U.S. is $495 per month in 2021 for a 40 year old adult which is also prohibitively expensive for many. At that price, that diamond could have helped 48,485 Americans make a monthly payment they may not have been able to otherwise.
6 Pay for 3.2 million Meals on Wheels meals
Meals on Wheels is a service that not only provides valuable nutrition to seniors living below the poverty line, but also helps seniors dealing with the negative effects of isolation which has become of even greater concern during the current pandemic.
Meals on Wheels People states the cost per meal is about $7.40. For the price of one measly diamond, Woods could have provided a year's worth of dinners for almost 9,000 seniors.
7 Buy Chromebooks and 6 years of internet access for over 9,000 American grade school students
Access to technology is a significant hurdle for impoverished children to overcome. Not having reliable internet service at home or the technology to take advantage of it places students at a significant disadvantage when compared to their peers.
The average price for broadband internet service in the U.S. is currently around $35 per month and a low priced yet adequately functional Chromebook can be found for around $200. A check for $24 million would cover the cost for 9,090 students to have internet access at home for their six years of elementary school as well as a new Chromebook they can use to go online.
8 Get a one year Spotify Premium membership for 200,000 fans
What better gift could a musician give than the gift of music? Lil Uzi Vert could send a blast to his followers saying the first 200k respondents get a free Spotify membership. Not only is there all that good will but, assuming they are fans, they will use that membership to listen to his albums and some of that money will end up back in his pocket.
9 Pay for a solar panels for at least 4,800 households
According to networx "How Many Solar Panels Does it Take to Power a House?". I thought I would mention something related to the environment. I agree with the general point of this list it is pretty ridiculous that he would waste so much money on something like that.
10 Buy 107 fans a 2021 Ferrari Roma
With a sticker price of just under $223,000, the Roma is the most accessible model in the current Ferrari lineup, but that doesn't mean it isn't an incredible vehicle worth of the Ferrari badge. Even though taxes and insurance would be quite the burden to put on someone, nonetheless, Uzi Vert could have given away over 100 Ferraris with enough left over to put $1,671 cash in each car's glove box. It may not be deemed as ethical as providing for the needy, but it's still a way better use of the money than what it was actually used for.
11 Buy a $10 million dollar forehead diamond and pay two bodyguards for lifetime service
Let's face it. The shock value and the overall effect of getting a diamond permanently hammered into your forehead is about the same whether you're talking about a $24 million dollar diamond or a $10 million diamond. Also the same in both cases is the fact that you now literally have a multi-million dollar bounty on your head. People have done a lot worse things to others for a lot less money.
So how do you protect your investment? How about a pair of bodyguards to watch out for you. With the $14 million saved, you could hire two bodyguards with a $140,000 yearly salary to keep you safe for the next 50 years which, given Uzi Vert's apparent decision making, is likely enough for the rest of his days.