Billionaires Who Won't Leave Their Entire Fortune to Their Kids
Some tycoons in the financial world are committed to donating the bulk of their wealth to charity.
“We view our wealth in this light - not as an end in itself, but as an instrument to effect positive and transformative change. There is no reason for delay in making a difference.” |
- John Arnold |
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At one time, Arnold was considered one of the world’s top commodity traders. After a successful stint at Enron, where he worked on the crude oil desk and the natural gas desk, he utilized his $8 million bonus to launch his hedge fund in 2002 – Centaurus Advisors. Managing to distance himself from Enron’s legacy and raking in the moolah, he shocked the hedge-fund world by calling it quits two years ago, at the age of 38. |