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June 17, 2013

Entrepreneurship has superseded inheritance as the main source of wealth creation in developed economies, according to a global survey of high net worth individuals.

Entrepreneurship has superseded inheritance as the main source of wealth creation in developed economies, according to a global survey of high net worth individuals, while in developing economies many entrepreneurs are now dealing with succession and inheritance planning for the first time.

The Barclays survey – Origins and Legacy: The Changing Order of Wealth Creation – found that there has been a big shift in the way the world’s wealthiest are spending and sharing their money due to changing patterns of wealth creation.

June 14, 2013

The Clinton Foundation, the multi-billion dollar philanthropic organisation founded by former US president Bill Clinton in 2001, is to be renamed the Bill, Hillary and Chelsea Clinton Foundation to reflect the roles of the entire family in the organisation.
 

The Clinton Foundation, the multi-billion dollar philanthropic organisation founded by former US president Bill Clinton in 2001, is to be renamed the Bill, Hillary and Chelsea Clinton Foundation to reflect the roles of the entire family in the organisation.

The Clintons made the announcement on 13 June at the third-annual meeting of the Clinton Global Initiative America, at the Sheraton Hotel in Chicago.

May 31, 2013

Wealthy philanthropists who are discreet about their giving could be undermining their charitable efforts, a new study examining cultural trends in philanthropy reveals.

Wealthy philanthropists who are discreet about their giving could be undermining their charitable efforts, a new study examining cultural trends in philanthropy reveals.

The first Individual Philanthropy Index, conducted by Forbes Insights and French bank BNP Paribas examining philanthropic giving in Asia, Europe and the Middle East, also found that motivating factors for giving varied across the regions studied.

April 17, 2013

Whether to get the family business involved in giving, and how to approach business philanthropy can seem daunting at first but the following overview takes a look at the why and how. 

It is fair to say that International Corporate Philanthropy Day 2013 passed this February without much fanfare in the UK. In fact, the year 2011, which the UK coalition Government designated ‘the year of corporate philanthropy’ also came and went without much notice.

April 3, 2013

Almost half of wealthy next-gens think that campaigning for social change is as important as making money, new research has found.

Almost half of wealthy next-gens think that campaigning for social change is as important as making money, new research has found.

December 14, 2012

The nomadic lifestyle of the modern high net worth individual is one of the biggest influences on their investment and charitable giving patterns, according to research by the wealth management division of Royal Bank of Canada and the Economist Intelligence Unit.

The nomadic lifestyle of the modern high net worth individual is one of the biggest influences on their investment and charitable giving patterns, according to research by the wealth management division of Royal Bank of Canada and the Economist Intelligence Unit.

August 14, 2012

Not that long ago if you were a philanthropist you handed over money to somebody with good intentions and let them get on with it. But these days things are more complicated. A new generation of entrepreneurial, young people are shaking up the way giving works.

March 23, 2012

They might be under the age of 30, but next-generation members of wealthy families in India are increasingly making big decisions about charitable giving.

They might be under the age of 30, but next-generation members of wealthy families in India are increasingly making big decisions about charitable giving.

That’s according to the 2012 India Philanthropy Report by Bain & Company, which said young high net worth Indians, often working in family businesses, are “particularly interested in increasing their philanthropic involvement”.

December 12, 2011

High net worth individuals in the UK, some of them family business members, are the biggest donators of £1 million (€1.17 million) or more to charities in the country, despite an overall decline in giving, according to a report by private bank Coutts.

High net worth individuals in the UK, some of them family business members, are the biggest donators of £1 million (€1.17 million) or more to charities in the country, despite an overall decline in giving, according to a report by private bank Coutts.

Out of a total of 174 million-pound-plus donations made during 2009/2010, 60% of the money came from the very wealthy, said the study entitled The Million Pound Donors Report 2011.

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