Gary Parr, Lazard vice chairman, explains why he is concerned about the fate of charitable giving.» Read More
The gloves come off as Michael Steinhardt, chairman, WisdomTree Investments, makes known his true feelings about billionaire investor Warren Buffett, who he says has conned the press.
"When a natural disaster strikes, its victims most urgently need aid. Many companies respond by making direct donations and matching employee gifts. But in times of crisis, we advise companies to do more than give money," writes this author.
The FBI estimates that $6 billion is lost annually around the globe to the theft, fraud, looting and trafficking of art and cultural property. Click to see some of the world's biggest art heists.
CNBC's Becky Quick has the details on the Gates' and Warren Buffett's efforts to get India's richest to be more philanthropic.
CNBC's Becky Quick has the story on Warren Buffett, Bill & Melinda Gates' efforts to try to get the country's wealthy to me more philanthropic.
The catastrophic events of the past week or so in Japan have many reaching for their wallets, seeking to help the afflicted nation and its people. Unfortunately, writing a check to a Japan earthquake specific charity fund might not be the wisest choice.
Here, we take a look at some of the most notable Ponzi scheme scams to come to light since the Bernard Madoff case.
Warren Buffett was smiling today at the White House as Barack Obama presented him with the nation's highest civilian honor, the Presidential Medal of Freedom. And while Mr. Obama's anecdote about Buffett's early misadventures in stockpicking elicted laughter, there's also a serious investing lesson to be learned.
Click to see 2010's top 10 U.S. philanthropists, as ranked by The Chronicle of Philanthropy.
Warren Buffett and Bill Gates will visit India sometime this year to "seek support of wealthy Indians for philanthropic activities," according to a report in today's Economic Times.
Carlos Slim, the world's richest man by the latest Forbes ranking, tells CNBC he won't be signing onto the Giving Pledge, the invitation to philanthropy created by Warren Buffett (#3 on the Forbes list) and Bill Gates (#2). He tells CNBC that business people should help to fight poverty, but he doesn't think giving to charity is the best way to do so.
Users of automated teller machines will be invited to make charity donations every time they take money out of a “hole in the wall” under government plans, reports the Financial Times.
For the second time this year, Warren Buffett has met with President Obama in the White House's Oval Office.
A new online jewelry store lets you treat yourself while also treating someone else. Altruette sells charm bracelets, where the charms represent charities. Half of net profits go to those non-profits.
For those of you who slept in or otherwise missed Warren Buffett on ABC's This Week with Christiane Amanpour on Sunday morning, here are some links to the interview. The conversation focuses on Buffett's "Giving Pledge" but also touched on his long-standing argument that the super-rich should be paying more in taxes.
If you've made some gains in the stock markets this year and are thinking about putting that money to good use, find out what the top charitable causes in Asia are this year.
The rich are sitting firmly in the public cross hairs, especially as the economy continues to stumble. Reports that Wall Street bonuses will again be high, and the debate in Congress over tax increases for the wealthy, just add to the outrage.
Billionaire hedge fund manager Leon Cooperman told CNBC Tuesday he will donate most of his fortune to charity in order to help needy people get out of poverty.
Last Wednesday, PLB Sports founder Ty Ballou was at his charity event in western Pennsylvania when his son Ryan got a call on his cell phone. It was a reporter from WCPO. A viewer had called the number on the box meant to be for Feed the Children, but it instead turned out to be a phone sex hotline. Ballou went to his car and dialed the number and sure enough, it was a phone sex line.
Warren Buffett calls today's meeting in Beijing with 50 Chinese business and philanthropy leaders a "tremendous success" as he and Bill Gates "learned a great deal about the good work that is already underway" in China.