Bill Gates trust gives $16.6m to Global Citizen charity
Businessman Declan Kelly’s firm Teneo sources blue-chip giants to sponsor charity’s flagship project
Microsoft founder Bill Gates’s philanthropic trust donated more than $16 million to Global Citizen, the charity venture promoted by public relations businessman Declan Kelly.
Records for the Bill & Melinda Gates Foundation show it provided $16.64 million to the charity. Kelly is a board member of the organisation and his Teneo firm is closely involved with it.
Global Citizen’s flagship project is a 24-hour series of concerts being held across the world, aiming to raise...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team
Analysis: Central banking’s brave new world
The ambition of central bankers once was to ‘be boring’ but they now take on responsibility for policy objectives such as tackling inequality and climate change. Not all onlookers are pleased at this ‘self-defined mission creep’
Comment: Putting brakes on stock trading would make GameStop-type events worse
Slowing or staunching trades through a transaction tax as is proposed in the US would prolong the time it takes for a meteoric price rise to correct itself