Philanthropy CEO: Silicon Valley entrepreneurs who think they can cure poverty are a red flag

Quick Summary:

It’s not just billionaires like Bill Gates and Jeff Bezos who are giving away their wealth to those more in need.

Entrepreneurs and wealthy Gen Zers are also getting in on the action—often from the comfort of their cushy abodes.

Under her leadership, the nonprofit capital venture, Acumen, has invested $260 million in 215 portfolio companies around the world.

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Article Details

Author / Journalist: Orianna Rosa Royle

Category: EconomyBusiness

Markets: United States

Topics: Millionaires Gen Z Chief executive officer (CEO) Poverty Philanthropy Entrepreneurship Wall Street Billionaires Most Powerful Women

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-21 @ 08:52:25 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 410 words

Reading Time: 3 minutes read

Sentences: 4 lines

Sentence Length: 103 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28888185

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Main Topics: EconomyBusiness

Official Website: fortune.com

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Year Established: 1929

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News Last Updated: 8 hours ago

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