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I'm aware of both. I said, "usually" and I was talking about contemporary billionaires. Both Carnegie and Rockefeller had a sense of effective philanthropy. I
by ggreer 12y ago
I'm aware of both. I said, "usually" and I was talking about contemporary billionaires.
Both Carnegie and Rockefeller had a sense of effective philanthropy. I find it very impressive that Carnegie managed to spend 90% of his assets before he died.
- mercurial 12y agoGates is comparable with Rockfeller, in the sense that they both had extremely dodgy ways of doing business and managed to create huge monopolies.
- melling 12y agoHoward Hughes? I think he wanted to the avoid taxes but his investment is still paying dividends today. http://en.wikipedia.org/wiki/Howard_Hughes_Medical_Institute http://en.wikipedia.org/wiki/Howard_Hughes_Medical_Institute It has a $17 billion endowment. Actually, there are other large endowments if you look on the list. http://en.m.wikipedia.org/wiki/List_of_wealthiest_foundations http://en.m.wikipedia.org/wiki/List_of_wealthiest_foundation...