The Daily Maverick :: Mega-philanthropists top the 100 big names among global thinkers: "Buffett and Bill and Melinda Gates are not in the winners’ circle because they are insanely rich (they are) or because they have made inspired investment choices (they’ve done that too). This time they are in first place because they have decided to give away half their fortunes, and to encourage other megarich people to follow suit.
This is not a new idea, of course, though Buffett and Gates are carrying it out with a special thoroughness. Andrew Carnegie, the industrialist who created US Steel, had determined to give away most of his money when he set up foundations to promote world peace, endowed libraries around the world and generally did lots of other good things with all the money he had made from his non-union wage slaves in Pittsburgh’s satanic mills."
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