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This is not a new concept to me. Here in Pakistan non memon people give alot of money of weeding, birthdays and etc as a gift while memon give alot of money on sickness and hospital bills. When a memon child her admission in university the whole memon society gift him/her. Same with business opening. I suggest you to study menon society of Pakistan. They are ahead of time from the rest of Pakistan in sense of financial understanding and support to there people. In short: They truely support there society and there people as much as they can.

All Elon said is help the people you care about the right way. And I don't like Elon anymore for whatever reasons.

Thanks for the info. This is very interesting. I used to work in India and have heard about similar behavior/culture. Will read more about that.