Billionaire Benefactors Give More Than You Think…

In 2008, many of our national billionaires gave much of their fortunes away, involuntarily. From Sheldon Adelson, the Vegas and Macau casino billionaire who lost $24 billion ($24B) to Warren Buffet, Bill Gates and the Google guys, last year was a very difficult year to amass. Now who’s to say that losing “a few personal billion” when you still have “a few” is an innovation problem – it matters when these entrepreneurs pull back on progress and humanitarian giving to stem private losses.

Per Forbes, Warren Buffet lost $16.5B, Gates was down $12.3B and Google’s Larry Page lost more than half of his g-trove: $11.9B. Read more >>