Story provided by AARP – It’s the kind of news story that makes national headlines every year or two: A person of seemingly modest means secretly amasses a small (or not so small) fortune while leading a frugal lifestyle, only to reveal that wealth by giving it all away to charity. The latest jaw-dropper came from 98-year-old … Continue reading
Michael Bloomberg, Mayor of New York City has an estimated personal worth of $25 Billion. With a $350 Million contribution to Johns Hopkins, his alma mater, this weekend, Bloomberg will have given the school $1.1 Billion. His motivation for such a substantial amount has been the shift in focus away from funding education in this country. … Continue reading