The City’s new boom market: philanthropy
18 November 2006
As we approach the festive season, spare a thought for the children of billionaires. These are joyless times for those holding out for an inheritance. As they climb aboard the private jet that will whisk them off to the yacht where a team of chefs will prepare their Christmas dinner, many will be wondering if Daddy has already cooked their goose. The super-rich are slaves to fashion. And the latest fashion is giving it away. Bill Gates and Warren Buffett, the world’s wealthiest men, started the trend by pledging to give away around $30 billion each. Now multi-millionaires everywhere are desperate to offload their excess zillions before it has time to damage the kids.
More articles from: Simon Nixon | this section
Post this entry to: del.icio.us | Digg | Newsvine | NowPublic | Reddit
Advertisement
The Spectator Business News Update
FTSE ends modestly lower as holiday companies slump
20/11/2009FTSE turns lower midday as holiday companies tumble
20/11/2009 20/11/2009 20/11/2009sponsored links
In this section
City pay is no side issue: it’s an affront to society
Roger BootleKeep on digging: Boris’s route to recovery
Elliot Wilson Martin Vander WeyerFor whom the tolls mean tax-free profits
Neil CollinsThere’s worse to come as we all get older
Ruth Lea
GASCONY
GASCONY, SW France, near Condom-en-Armagnac 13th Century stone house, 21st Century luxury for 12 in 5 en-suites. 50 acres +
BIG SAND STEEL BAND
IF YOU ARE PLANNING A CHAMPAGNE RECEPTION and looking for some light entertainment, you can now hire London's busiest steel
BOSC LEBAT, Tarn et Garonne.
BOSC LEBAT, SW France. Only 45 minutes from Toulouse Airport with daily flights from most provincial airports avoiding the horrors
Spectator Business | Apollo Magazine
Corporate | Advertising | Privacy | Terms
Spectator, 22 Old Queen Street, London, SW1H 9HP
All Articles and Content Copyright ©2009 by The Spectator | All Rights Reserved
Be the first to comment on this article!
Back to top