Thursday, December 02, 2010

American Rich Lead the World in Philanthropy - The Wealth Report - WSJ

American Rich Lead the World in Philanthropy - The Wealth Report - WSJ: "What accounts for the fact that the American rich lead the world in philanthropy?

Are they more generous? Does religion play a role? Is it all just a matter of tax breaks?

The answer is probably more complex than anything we could explain in a blog post. Still, a new survey from Barclays Wealth shows the extent to which the American rich lead the world in giving. Of course, the U.S. has about a third of the world’s millionaires and they control trillions of dollars in wealth. Anyway, here is the ranking of the percentage of millionaires who said that philanthropy is one of their top three spending priorities:"

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