China’s rich should give more, Bill Gates says | Nightly Business Report

China’s rich should give more, Bill Gates says | Nightly Business Report





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Bill Gates says

China’s rich should give more, Bill Gates says | Nightly Business Report

China’s rich have acquired many of the tastes of the Western rich: art, Gulfstream jets, DRC Burgundy, and Hermes bags. But Bill Gates says they haven’t embraced one of the most important: philanthropy.

Last year, China’s top 100 philanthropists donated a mere $890 million, according to the Hurun Report. America’s top 50 donors, by contrast, gave away $7.7 billion last year.

Mark Zuckerberg and his wife gave away more last year—just under $1 billion—than all 100 of China’s top philanthropists.

Source: http://nbr.com/2014/04/07/chinas-rich-should-give-more-bill-gates-says/

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