Philanthropy is at its best when it is innovative, risk taking, transformative and wealthy Africans are uniquely placed to disrupt complacent philanthropic giving
In response to “No-one should be as rich as Elon Musk”, Mail & Guardian 20 January
The reactions to Elon Musk’s billionaire status are evidence that far too many South Africans have not fully grasped the destructive consequences of inequality. Entrepreneur Musk was recently crowned the richest man in the world. The founder and chief of Tesla Motors sits on a total net worth of $195-billion. The rapid swelling of Musk’s […]
Why should we applaud those giving away a fraction of their fortune; the same people who have a hand in creating such inequities?
There are far more African billionaires than previously thought, and most of them are Nigerian, says "Ventures" magazine.
Marc Rich dealt with whoever he liked, and apartheid South Africa was no exception.
Despite Christo Wiese’s highly public run-in with the British authorities, it is business as usual, writes Heather Formby.
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Russia’s economic slowdown has shredded the net worth of its richest people by more than 70% in the last year.
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/ 16 February 2009
Russia’s super-rich are also super-losers, according to a business magazine, which said the top 10 wealthiest had lost two-thirds of their fortunes.