Main content

Philanthropy's Big Giveaway

Philanthropy is on the rise as a proportion of development money. Super-rich donors describe different forms of giving. But is always a force for good?

We look at the growing influence of the world of philanthropy in global giving. Statistics indicate philanthropy by super-rich individuals is greater than ever before. Some of the world's most wealthy, from Bill Gates to Mark Zuckerberg, are pledging huge slices of their billions to make the world a better place. Good news perhaps, and maybe just as well, given the growing sway of the super-rich in our economies. But, is being a well-known philanthropist, secretly a smart bit of self-promotion?

One entrepreneur, Blake Mycoskie, founder of Tom's Shoes, describes how his philanthropy helps sell his product. The Hong Kong-based businessman James Chen, chairman of Wahum Holdings, describes his efforts to develop more of a philanthropic culture among Chinese billionaires. And, we debate the question of accountability. The billions being spent by rich foundations is surely a force for good over all, but how accountable is the work of these organisations?

(Photo: A boy plays soccer barefoot in Nairobi's Soweto slum. Credit: Tony Karumba/AFP/Getty Images)

Available now

18 minutes

Last on

Thu 19 May 2016 15:06GMT


  • Thu 19 May 2016 07:32GMT
  • Thu 19 May 2016 15:06GMT

How the 2008 crash shaped our world

How the 2008 crash shaped our world

Stories from people involved in the crash and how its effects are still felt today

Business Daily Podcast

Business Daily Podcast

Download every programme.