There is no greater benefit to the poor, disabled, under-privileged and needy than the participation in capitalistic endeavor. Engaging in capitalism > engaging in supposed philanthropy.
In addition, engaging in capitalism leads to more philanthropy anyway.
There is no faster pathway to oppression than telling someone else what they can and cannot do with their own property, unless it infringes on the rights of someone else. And he clearly isn't doing that.
I hope he succeeds in his endeavor to reach 400,000 snow serpents.