Inside Wealth

For Now, Rich Sit on Wallets in Sandy's Wake

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Natural disasters in recent years have often been followed by big charity checks from the wealthy.  From Hurricane Katrina to the Haiti earthquake and Asian Tsunami, all these events have featured millionaires and billionaires giving time, checks — and even private jets — to help speed along the recovery process.

So far, however, the philanthropic response to superstorm Sandy has been relatively muted.

Of course, Sandy wasn't nearly as devastating those other tragedies. And it's still early, with the true impact of the storm still emerging. Large donors could still emerge in the coming weeks, once recovery efforts start to take hold.