Monday, May 07, 2007

Summit eyes affluence's influence on spending

Summit eyes affluence's influence on spending: "Kids, meanwhile, are being trained to wealth in a way that previous generations were not. 'Bill Gates did not know at 16 that he'd be the richest man in the world. But the son of a sultan does, and he's being educated to be,' he said.

Philanthropy really kicks in at the wealth level. Taylor forecast a $6 trillion philanthropy market over the next 20 years."

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