What this article ignores are the tax breaks many obtain on such donations plus control of the donation through foundations established often used to fund personal interests (the current debate in the USA on education is one such battleground). True altruism and outright donations to charity are rare amongst major donors. I look forward to seeing how many of the French billionaires who have pledged millions to the Notre Dame cathedral repairs will actually deliver on their promises.
The Billionaire Philanthropists in 2018
lovemoney staff
29 March 2019
Features
Comments
-
REPORT This comment has been reported.
-
Strange how only the last 2 give away a greater %age of their annual income than I do, yet my TOTAL income is a tiny portion of what the others give away, let alone what they "earn"!
REPORT This comment has been reported.
Do you want to comment on this article? You need to be signed in for this feature
08 May 2019