The future of philanthropy: The evolution from charitable giving to charitable living,
"As technology, culture, and societal norms evolve, how donors perceive and approach philanthropy also changes."
Want to have a highly productive week and accomplish all or most of what you set out to do? Then start Monday morning with any of three quick micro-challenges that will set you up to reach your goals. Or, if you want, you can do them all--which will take ten minutes or less…
A few years ago, a young colleague invited me to a party to meet his boss, executive director of a global nonprofit and a former scion of Wall Street. Some cursory research beforehand revealed that we had a mutual acquaintance who served on a board with the nonprofit leader. When introduced, I brought up the connection, but he displayed no interest. Instead he talked about his volunteer work and tossed around household names like confetti. As he spoke, he scanned the room without so much as a sideways word of inquiry…
The biggest wealth transfer in history is about to happen — and it's now expected to be more than double what many thought it was. It's estimated that 45 million U.S. households will transfer $68 trillion in wealth over the next 25 years, according to Asher Cheses, a research analyst and lead author of a new report from financial services research firm Cerulli Associates…
The strategy is to build multiple streams of income that don't require you to work 8 to 5 in a company where you have little control of your time and compensation.
The core money parts ― Keep More Money, Make More Money, and Grow More Money ― focus on ways to tighten your finances, increase your income, and develop passive investment strategies. The goal is to build regular, independent cash flow until…
Discover how the superwealthy made it to the top (and you can too!)
From the richest Romans to the robber barons to today's bankers and tech billionaires, Sam Wilkin offers Freakonomics-esque insights into what it really takes to make a fortune. These stories of larger-than-life characters, strategies, and sacrifices reveal how the wealthiest did it, usually by a passion for finding loopholes, working around bureaucratic systems, and creating obstacles to competitors…
The biggest wealth transfer in history is about to happen — and it's now expected to be more than double what many thought it was. It's estimated that 45 million U.S. households will transfer $68 trillion in wealth over the next 25 years, according to Asher Cheses, a research analyst and lead author of a new report from financial services research firm Cerulli Associates…
While media attention focuses on famous philanthropists such as Bill Gates and Charles Koch, thousands of donors are at work below the radar promoting a wide range of causes. David Callahan charts the rise of these new power players and the ways they are converting the fortunes of a second Gilded Age into influence. He shows how this elite works behind the scenes on education, the environment, science, LGBT rights, and many other issues…
When Bloomberg News invited the young American journalist Alex Cuadros to report on Brazil’s emerging class of billionaires at the height of the historic Brazilian boom, he was poised to cover two of the biggest business stories of our time: how the giants of the developing world were triumphantly taking their place at the center of global capitalism, and how wealth inequality was changing societies everywhere. The billionaires of Brazil and their massive fortunes resided at the very top of their country’s…
In looking at the forces that brought our current administration to power one thing is clear: much of the population believes that our economic system is rigged to enrich the privileged elites at the expense of hard-working Americans. This is a belief held equally on both sides of political spectrum, and it seems only to be gaining momentum.
There has always been some gap between rich and poor in this country, but in the last few decades what it means to be rich has changed dramatically. Alarmingly, the greatest income gap is not between the 1 percent and the 99 percent, but within the wealthiest 1 percent of our nation--as the merely wealthy are left behind by the rapidly expanding fortunes of the new global super-rich. Forget the 1 percent; Plutocrats proves that it is the wealthiest 0.1 percent who are outpacing the rest of us at break-neck speed...
College tours have reached a new level — literally and figuratively.
Luxury jet services are flying wealthy high school students and their families around the US on college tours, complete with a college admissions counselor on board, according to The New York Times.
The services cost as much as $60,000, reports The Times — that's nearly three times the price of in-state public college tuition for a year, and not much more than the $46,950 average annual sticker price for private colleges in the US…
A non-profit funded in part by Mark Zuckerberg has laid out four visions of what the Bay Area could look like in 2070, and three of them are bleak
SPUR, a non-profit devoted good government planning in the San Francisco Bay Area, has published a paper laying out four possible visions for the region in 2070, and three of them are decidedly bleak.
The organization is supported by members, and the paper lists among its benefactors both of Mark Zuckerberg's organizations -- Facebook and the Chan Zuckerberg Initiative -- alongside local biotech giant Genentech (owned by Swiss pharma giant…
An insider's groundbreaking investigation of how the global elite's efforts to "change the world" preserve the status quo and obscure their role in causing the problems they later seek to solve.
Former New York Times columnist Anand Giridharadas takes us into the inner sanctums of a new gilded age, where the rich and powerful fight for equality and justice any way they can--except ways that threaten the social order and their position atop it. We see how they rebrand themselves as saviors of the poor; how they lavishly reward "thought leaders" who redefine "change" in winner-friendly ways; and how they…