IIPM Mission

And, a few years ago, the feisty entrepreneur and promoter of CNN, Ted Turner, stunned the world by giving away almost one billion dollars – virtually his entire fortune – to charity. Recent events have made even that gesture pale in comparison. Bill Gates and Warren Buffet have together committed more than $50 billion of their wealth to fight poverty, disease and illiteracy in the third world. Google has gone one step ahead. It has started a charity with a $1 billion corpus that will operate like a corporation – earning profits even as it tackles some of the ills that plague the world. You can be sure that these huge funds won’t disappear into the pockets of corrupt third world politicians and bureaucrats but actually make a difference. Clearly, profits can do a lot of good. But they can also do a lot of harm. It all depends on how you define profitability. For complete information on IIPM Articles, please click here...

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Source: IIPM Editorial and B&E