MacKenzie Bezos pledges at least half her wealth to charity

Jeff Bezos’ former wife, known as world’s 22nd richest person with $36.6bn fortune, signs up to the Giving PledgeMacKenzie Bezos, who recently became the world’s fourth richest woman after her divorce from Jeff Bezos, founder and chief executive of Ama…

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How will British museums survive if they subject every donor to an ethical audit? | Mark Lawson

Nan Goldin’s opioid protest campaign means Sackler money is no longer welcome at the Tate, and the National Portrait Gallery is now poorer by £1mConsumers of culture will have been aware of the name “Sackler” above the frame of rooms and galleries in a…

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Don’t call Howard Schultz a billionaire. He’s just a ‘person of means’ | Arwa Mahdawi

The former Starbucks CEO’s attempt to rebrand the b-word shows how the super-rich justify their immense wealthHoward Schultz is worth around $3.4bn. While one might think that would make the former Starbucks CEO and would-be presidential candidate a “b…

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Jeff Bezos to fund schools where ‘child will be the customer’ with new charity

Amazon CEO will launch $2bn fund to help homeless families and low-income communitiesAmazon chief Jeff Bezos is launching a $2bn fund to help homeless families and build a network of preschools, saying the “child will be the customer” in his philanthro…

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The Greater Manchester town that was revived by philanthropy | Helen Pidd

Irlam’s fortunes have been transformed by its wealthy son, TalkTalk founder Neil McArthur. But should this model be replicated elsewhere?Neil McArthur has never forgotten the words uttered to him by a London-based property guru when he said he wanted t…

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Enemy of nationalists: George Soros and his liberal campaigns

Billionaire philanthropist returns as hate figure with his ‘plot’ to stop BrexitThe billionaire financier and philanthropist George Soros makes an easy and a useful enemy: he is a liberal, a generous promoter of democracy, human rights and open borders…

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The trouble with charitable billionaires

More and more wealthy CEOs are pledging to give away parts of their fortunes – often to help fix problems their companies caused. Some call this ‘philanthrocapitalism’, but is it just corporate hypocrisy? By Carl Rhodes and Peter BloomIn February 2017,…

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