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Stacking up Indian giving against other BRICs
Indian policymakers increasingly worry about the emergence of two Indias: an increasingly affluent elite – with strong links to the global economy and a rapacious hunger for ever more conspicuous...
View ArticleAs Asia emerges, so do philanthropists
Asia’s emerging wealthy elite don’t have a wide reputation for giving to charity, but new data shows they have not been getting the credit they deserve. India this week become the first BRIC country to...
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Clinton philanthropy summit kicks off with Google, P&G pledges
Natural disasters have dominated headlines this year, and so it wasn’t a surprise that the 2010 Clinton Global Initiative kicked off today in New York with a series of pledges to help millions of...
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Bob Diamond, Africa cheerleader
Forget Bob Geldof and his private equity fund – Africa has a new cheerleader, with even more financial clout. Bob Diamond, the new head of Barclays, is calling the continent an “incredible”...
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Can the world’s poor text their way out of poverty?
In India, some 600m people own mobile phones but just 60m have access to broadband internet. Hewlett-Packard is aiming to bridge that gap with apps that can access the web from any cell phone using...
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Gates and Buffett’s next target: India’s billionaires
Bill Gates and Warren Buffett have passed the China test, or at least endured it. On Wednesday they held a dinner to talk philanthropy with Chinese billionaires – and, in spite of unwillingness to...
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India: charity begins at home
India’s business leaders have perhaps unfairly earned a reputation for being slow to display their philanthropy. That may now be changing. Azim Premji, chairman of IT company Wipro and the third...
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Biggest casualty of China audit: philanthropy?
China’s national audit office shone an unflattering light this week on the finances of local governments. Its report about their heavy debts, which total more than a quarter of Chinese GDP, has...
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Slim Academy? Carlos Slim brings Khan Academy to LatAm
¿Hablas inglés? If the answer is no, help is at hand: Carlos Slim, the world’s richest man, has just signed an agreement to translate the Khan Academy’s online classes into Spanish. Through his Carlos...
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S African billionaire signs up to Buffett philanthropy pledge
“How to spend it?” is the question which bothers many a billionaire (one suspects), but an increasing number are opting to give it away instead. South Africa’s richest black man, Patrice Motsepe, has...
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Pinchuk: giving away fortune can help to build a fair Ukraine
How hard is it for a multi-billionaire to donate half of his fortune to charity? Most of us will never know. But if more rich people took this step, the world could become a “fairer” place, according...
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China earthquake: donors prefer private charities over public
The earthquake that hit China’s southwestern province of Sichuan on Saturday has exposed a crisis of public confidence in the state-backed Red Cross Society of China (RCSC), the country’s biggest...
View Article[video] Impact investment in Asia
Impact investing is a way of doing good while not giving your money away for good. The FT’s Paul J Davies talks to fundraisers and entrepreneurs about bringing socially conscious investing to the...
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Guest post: Africa’s new billionaires, new philanthropy
By Chi-Chi Okonjo and Uzodinma Iweala of Ventures Africa Many African countries are experiencing growth greater than 5 per cent and, if trends continue as expected, African markets look set to expand...
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Russia: the rich start to give, a little
Moscow: the sign says it all Philanthropy in Russia was killed off in Soviet times, but is making a comeback as the new rich begin to take some responsibility for the welfare of the nation. However,...
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