Give ‘Til It Hurts

March 8, 2011 at 7:48 PM Leave a comment

On the eve of Forbes‘s annual list of the world’s richest persons, Reuters reports that Bill Gates’s philanthropy has cost him the number one spot.

“It wouldn’t be a competition,” said David Lincoln, director of global valuations at wealth research firm Wealth-X. “(Gates) would have a comfortable margin if he had never discovered philanthropy.” … Had Gates not given away any money, he would be worth $88 billion, Lincoln said.

As it is, Gates is only worth “about $49 billion.”


Entry filed under: Big Donors.

Nonprofits to Fill Nevada’s Prescription? Venture Philanthropy Success Story

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed

About GC

News about philanthropy and the charitable instinct


%d bloggers like this: