Philanthropy or investment?
What’s the best way to spread this wealth? Some – like billionaire philanthropist Bill Gates – believe the best way to help Africa’s poorest people is for the super-rich to share their wealth through charitable donations. Dr John Coors – an American millionaire – used to think so too. But now he says investment – rather than sharing riches – is the key to economic development. He’s behind a new private equity fund that’s supporting businesses in sub-Saharan Africa.BACK TO ALL ARTICLES