Rich donors' hefty cheques will never solve poverty | Society | SocietyGuardian.co.uk: "Rich donors' hefty cheques will never solve poverty
The philanthropy of the wealthy is all very well, but they would help more if they cured their peers' tax-averse culture
Polly Toynbee
Thursday July 19, 2007
The Guardian
It's good to give, of course it is. Sir Tom Hunter this week announced that he is giving away £1bn over his lifetime. Compare that with the world's richest man, Carlos Slim Helú, who says he won't be giving away his £33bn fortune: 'Poverty isn't solved with donations - my concept is to accomplish and solve things, not going around like Santa Claus.'
Sir Tom is not altogether typical: in Britain, the rich give a lower proportion of their wealth than others, with more donors in the north east than the south east, and more women than men. The total value stays pretty steady at 0.9% of GDP."
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