Monday 6 October 2014

Billionaires Who Have Built Their Own Fortunes More Likely to Give Than Inheritors

A study by economists suggests that billionaires who have built their own fortunes are more likely to pledge to donate a large portion of their wealth to charities, than those who are heirs to family fortunes. The study took place at the University of Southampton and the researchers examined written testaments of wealthy philanthropists who have signed up to The Giving Pledgehttp:givingpledge.org/index.html, a venture which encourages billionaires to donate ...

via Medindia Health News More READ

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