For Whom Wealth Matters
February 25, 2011 2 Comments
For all those complaining about the amount of gold jewellery that Indian women consume , take a look at this graph.Less than 5 grams per capita doesn’t seem all that excessive compared to the figures for Saudi Arabia and Hong Kong.
Interestingly,the fastest growth in consumption comes from China.The 2009 figure was 1/4th of a gram per person.
February 21, 2011 5 Comments
Following is a very nice critique of the Giving Pledge and the Buffett-Gates style of philanthropy.I found it a couple of days ago at http://heybrowncow.wordpress.com/2010/10/07/are-gates-and-buffet-teaching-the-world-how-to-live-the-american-way/ . It points out the good and the bad in the effort.The red text are points I find particularly interesting.How do you feel about the Giving Pledge? On what points do you agree/disagree with the author below?
By Dingzi
AMERICAN billionaires and founders of The Giving Pledge Bill Gates and Warren Buffet may be heading next for the Nobel Peace Prize. Imagine what a heap of good the billions that have been pledged can do to make a better world.
Having persuaded 40 fellow American super-rich to pledge at least 50 per cent of their wealth to charity by the time they die – the collective pledge has reached US$1.25 billion – the two philanthropists are taking the campaign international. Read more of this post
wealthymatters 