Philanthropreneur
A Philanthropreneur is an entrepreneurial philanthropist. The term is claimed to be coined by Internet entrepreneur Mark Desvaux in 2004,[1] however The Wall Street Journal used the term in a 1999 article[2] and a publication entitled The Philanthropreneur Newsletter existed as far back as 1997.[3]
Description
Philanthropreneurs are people who bring a creative or entrepreneurial approach to philanthropy: They are interested in effecting positive changes in the world and alleviating suffering, but they are doing so in new and creative ways. Philanthropreneurs often "driven to do good and have their profit, too" as Stephanie Strom writes in a New York Times article ("What's Wrong With Profit?", 13 November 2006).[4] Philanthropreneurs tend to view their contributions are investments rather than donations. They sometimes rely upon emerging legislation to thrive as is the case with Low-profit Limited Liability Corporations (L3Cs).[5]
Examples of philanthropreneurs
- Carlos Slim (Grupo Carso) and Betty Moore (Gordon and Betty Moore Foundation)
- James and Marylyn Simons (Renaissance Technologies)
- John (and Laura) Arnold (Centaurus Energy Advisors)
- Brad Pitt and Angelina Jolie (Actor and actress)
- Carl Ichan (Ichan Enterprises)
- David Koch (Koch Industries)
- Julian Robertson (Tiger Management)
- Jeffrey St. Clair (counterpunch.org)
- Li Ka-Shing (Li Ka-Shing Foundation)
- Chuck Feeney (Atlantic Philanthropies)
- George Soros (Soros Fund Management)
- Mark Zuckerberg (Facebook)
- Walton Family (Walmart)
- Eli and Edythe Broad (Broad Foundation)
- Michael Bloomberg (Bloomberg Media)
- Paul Allen (Microsoft)
- George Kaiser (BOK Financial)
- Ted Turner (TBS)
- Dietmar Hopp (SAP)
- Sheik Sulaiman Al-Rajhi (Al Rajhi Group)
- Azim Premji (Wipro)
- Jeffrey Skoll (eBay)
- Pierre Omidyar (eBay)
- Steve Case (AOL)
- Richard Branson (Virgin Group)
- Bill Gates (Microsoft)
- Amr Al-Dabbagh (Al-Dabbagh Group)