An examination of how today's leading philanthropists are revolutionizing the field, using new methods to have a vastly greater impact on the world. For philanthropists of the past, charity was often a matter of simply giving money away. For the philanthrocapitalists - the new generation of billionaires who are reshaping the way they give - it's like business. Largely trained in the corporate world, these social investors are using big-business-style strategies and expecting results and accountability to match. Bill Gates ...
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An examination of how today's leading philanthropists are revolutionizing the field, using new methods to have a vastly greater impact on the world. For philanthropists of the past, charity was often a matter of simply giving money away. For the philanthrocapitalists - the new generation of billionaires who are reshaping the way they give - it's like business. Largely trained in the corporate world, these social investors are using big-business-style strategies and expecting results and accountability to match. Bill Gates, the world's richest man, is leading the way: he has promised his entire fortune to finding a cure for the diseases that kill millions of children in the poorest countries in the world. In Philanthrocapitalism , Matthew Bishop and Michael Green examine this new movement and its implications. Proceeding from interviews with some of the most powerful people on the planet--including Gates, Bill Clinton, George Soros, Angelina Jolie, and Bono, among others--they show how a web of wealthy, motivated donors has set out to change the world. Their results will have huge implications: In a climate resistant to government spending on social causes, their focused donations may be the greatest force for societal change in our world, and a source of political controversy. Combining on-the-ground anecdotes, expert analysis, and up-close profiles of the wealthy and powerful, this is a fascinating look at a small group of people who will change an enormous number of lives.
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