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Tag: Omidyar Network

Why so many top philanthropists in the tech sector?

Why so many top philanthropists in the tech sector?

Business
Big business can sometimes have a bad rap with the average person on the street. Many believe that the CEOs of top companies are only interested in profits and making money, rather than looking after people. A closer look at the facts and figures shows this not to be true in many cases though. Recent figures from the Chronicle of Philanthropy, for example, showed that $14.7bn was given by America’s top 50 donors to charity in just one year. These top donors would have been high-level business people and entrepreneurs mainly. Digging deeper into this though, you see that there is one business sector that is heavily invested in philanthropy: tech. Why is this? Tech leads the way in helping those in need  When you take the figure of $14.7bn given to charity in 2017 by philanthrop...