Friday, June 27, 2014
With A Boost From Bill Gates, Vietnam's Entrepreneurs Put Profits Into Philanthropy
With A Boost From Bill Gates, Vietnam's Entrepreneurs Put Profits Into Philanthropy: Sharing is not a strange idea for ordinary Vietnamese, but big-scale altruism is rare so far, given that serious wealth accumulation started in Vietnam only in the past two decades. Le–who holds interests in real estate development, golf courses and mining–belongs to the first generation of entrepreneurs who started businesses after the Vietnam War. He survived the 1997-98 Asian financial crisis and began giving money to various charities and causes a decade ago. Now nearing age 70, he’s considering whether to devote most of his time to philanthropy.