The Treasure of the Church
I have good news for everyone concerned about wealth inequality: billionaires are very generous.
Just this month, a tech founder pledged $100 million to fight climate change. A hedge fund manager donated $50 million to build a new wing at a prestigious university. A retail mogul gave $25 million to fund scholarships for underprivileged students.
Inspiring, isn’t it?
Now let me tell you what they’re not telling you.
The Setup
Here’s how billionaire philanthropy works: