Editor's Note: Reeta Roy is President and CEO of The MasterCard Foundation. As a leader of a major foundation that focuses on Africa, I’m often asked to describe how we envision the continent’s future. Predicting anything is always hazardous. But one promising development is taking hold – the emergence of an [...]
An estimated US$7 billion is given away every year by Africa’s philanthrocapitalists – at least the ones we know about. These are the men (sadly no women yet on this list) providing home-grown solutions to local needs.
WARREN Buffett famously pledged to donate more than 99 per cent of his wealth. Former New York City mayor Michael Bloomberg said that “the best financial planning ends with bouncing the cheque to the undertaker”. But one of Australia’s great philanthropists and a third generation member of the Myer family dynasty, Rupert Myer, is not so sure.
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