Carlos Slim Joins Bill Gates, Other Billionaires, With $100 Million To Fight Polio - Forbes

Carlos Slim Joins Bill Gates, Other Billionaires, With $100 Million To Fight Polio - Forbes: At the Global Vaccine Summit in Abu Dhabi late last week, the world’s two richest men made a bit of philanthropic history. Carlos Slim announced his foundation will donate $100 million to the Global Polio Eradication Initiative (GPEI), a Bill Gates-backed effort to eliminate polio. It marks what appears to be the largest collaboration among the two men. It’s also the second time this year the two have announced joint philanthropic efforts.

Azim Premji to commit more of his wealth to philanthropy - Indian Express

Azim Premji to commit more of his wealth to philanthropy - Indian Express: Wipro Chairman Azim Premji today said he will commit more of his wealth to philanthropy, as his Foundation scales up work to improve equity and quality of the primary education system in the country.

Nigerian ‘Philanthropist’ Gives Away $100 Million - Mfonobong Nsehe - The Africa Chronicles - Forbes

Nigerian ‘Philanthropist’ Gives Away $100 Million - Mfonobong Nsehe - The Africa Chronicles - Forbes: "However, a Nigerian oil magnate and former defense minister, TY Danjuma just might be a different breed. The 73-year old has put over $100 million of his own money into his Charity, the TY Danjuma Foundation- making it one of Africa’s largest charities, and Danjuma, the country’s biggest philanthropist."

Vinod Khosla pledges half his $1.4-bn fortune to charity - Hindustan Times

Vinod Khosla pledges half his $1.4-bn fortune to charity - Hindustan Times: "The Khoslas, who would make the charity either during their lifetime or after death, were accompanied by 10 more families, bringing the total number of signatories to the pledge to 69. Several of Silicon Valley’s leading entrepreneurs, including venture capitalist John Doerr, Oracle CEO Larry Ellison, hedge fund manager Tom Steyer and Facebook founder Mark Zuckerberg have previously signed on to the pledge."

Sun2Surf

Sun2Surf: "Berjaya Group founder Tan Sri Vincent Tan has pledged to donate at least half his wealth to charity.

Tan becomes the first Malaysian to join the Giving Pledge founded by Bill Gates and his wife, Melinda, and philantrophist and financial guru Warren Buffet."

Wealth and society in spotlight after tycoons' mainland visit - The Standard

Wealth and society in spotlight after tycoons' mainland visit - The Standard: "Amid much fanfare two of the world's richest men, Bill Gates and Warren Buffett journeyed to China recently to encourage billionaires there to donate more to charity. The response appeared to be less than enthusiastic."

China’s rich give little to charity Caixin Online - MarketWatch

China’s rich give little to charity Caixin Online - MarketWatch: "Hurun says at least 875,000 individuals and families in China are worth more than $1 million, and 130 have accumulated more than $100 million.

Most of this money was made during the past 30 years, after China started a reform and opening initiative. And the rich got richer as China evolved from a society based on shared wealth to one that lets money concentrate in the hands of a few.

China’s Gini coefficient, a measure of wealth disparity, has been climbing as the gap between rich and poor widens. And as this widening has continues, resentment toward the wealthy has been rising in China."

More than 100 super-rich Chinese pledge to give away wealth - Civil Society - Fundraising - News - providing news and in-depth coverage of charities, voluntary organisations and not-for-profits

More than 100 super-rich Chinese pledge to give away wealth - Civil Society - Fundraising - News - providing news and in-depth coverage of charities, voluntary organisations and not-for-profits: "They had been criticised for showing a lack of warmth to the coming visit of evangelical philanthropists Bill Gates and Warren Buffett, but China’s rich have begun to pledge to give away their wealth to charity en masse."

Gates, Buffett say China visit aims to share philanthropic experiences, not to pressure people to give

Gates, Buffett say China visit aims to share philanthropic experiences, not to pressure people to give: "BEIJING, Sept. 14 (Xinhua) -- Bill Gates and Warren Buffett said on Tuesday that they would come to China later in the month to share their experiences on philanthropy, denying speculation that they would pressure people to give.

'Some people have wondered if we're coming to China to pressure people to give. Not at all,' the two richest Americans told Xinhua in a response letter on the banquet for Chinese billionaires sponsored by them, which is scheduled for Sept. 29."

China's billionaire goes all out on Gates' pledge

China's billionaire goes all out on Gates' pledge
Well-known Chinese billionaire Chen Guangbiao says he is willing to donate all his wealth after he dies in a letter to Bill Gates and Warren Buffett published on his company's website, cb.com.cn reported Monday.

China's tycoons shun Gates-Buffett dinner invite - CNN.com

China's tycoons shun Gates-Buffett dinner invite - CNN.com: "Beijing, China (CNN) -- In the world of business, who in their right mind would turn down the opportunity to dine with Bill Gates and Warren Buffett? Chinese tycoons, apparently.
State media has been abuzz over the story of a number of top Chinese entrepreneurs declining to join the two American industry titans-turned-philanthropists for dinner in Beijing later this month."

Buffett And Gates Could Learn From This Man In China - Gady Epstein - Beijing Dispatch - Forbes

Buffett And Gates Could Learn From This Man In China - Gady Epstein - Beijing Dispatch - Forbes: "The Shenzhen hotel magnate has never made it onto our annual list of billionaires perhaps because he has given away too much money and property to have a chance to qualify: more than $1.2 billion by some counts. Yu’s philanthropic finale was a public announcement this April that he was giving away his last $470 million in assets: “This will be my last donation. I have nothing more to give away,” he said at the time. “It will all be for charity, no part of it will be inherited by anyone, no part will be used to do business or for investments.”"

Gates, Buffett to Issue Public Explanation for Trip to China - Bloomberg

Gates, Buffett to Issue Public Explanation for Trip to China - Bloomberg: "Gates and Buffett, respectively the world’s second and third-richest people, will write a letter that may be released as early as this week detailing why they’ve invited Chinese billionaires to a private event during a visit to the Asian nation at the end of the month, Zhang Jing, a press officer for the Bill and Melinda Gates Foundation’s Beijing office, said by phone yesterday."

Chinese billionaires shun Gates-Buffett's philanthropy dinner - The Economic Times

Chinese billionaires shun Gates-Buffett's philanthropy dinner - The Economic Times: "EIJING: Chinese billionaires, who in terms of numbers emerged second only to the US, have shunned the invitation of two of the world's richest men Bill Gates and Warren Buffett for a charity get together here later this month for a fear of parting with their hard-earned riches.

Fifty of China's super-rich recently received an invitation to a banquet to be held on September 29 with Buffett and Gates, who are on a world wide mission to persuade the rich to join their campaign to philanthropy."

Billionaires Balk at Buffett and Gates initiative? - The World Newser

Billionaires Balk at Buffett and Gates initiative? - The World Newser: "If charity cost nothing, the world would be full of philanthropists,' Jewish proverb.

A brouhaha has been brewing in China amid rampant speculation that Chinese billionaires are dodging invitations to a banquet hosted by Bill Gates and Warren Buffett later this month… because they are nervous about being hit up for donations."

Chinese billionaires worry dinner with Bill Gates too expensive

Chinese billionaires worry dinner with Bill Gates too expensive: "SHANGHAI -- China's richest are worried that Bill Gates and Warren Buffett are coming to Beijing later this month to strong-arm them into making charitable donations.

The Microsoft founder and investment guru are bringing 'The Giving Pledge' campaign to the Chinese capital on the heels of their success in the U.S. convincing 40 mega-rich to donate half their wealth to good causes - about $125 billion US - either while they are alive or on their death beds. But according to Chinese media, several of the 50 invited to the dinner Gates and Buffett will host have declined and many have phoned to ask for clarification."

Will an Indian Billionaire Take the Pledge? - The Wealth Report - WSJ

Will an Indian Billionaire Take the Pledge? - The Wealth Report - WSJ: "A March 2010 study by Bain & Company found that Indians collectively donate 0.6% of their country’s GDP to charity. While higher than other emerging markets like Brazil (0.3%) and China (0.1%), the amount of collective donation still pales in comparison to Western nations like Canada (1.3%) and the U.S. (2.2%).

Just 10% of charitable giving in India comes from individuals or companies, compared to 75% in the U.S., the Bain & Co. study reported. India’s biggest donor: the government."