Finweek - English

Dedicated to developing new models of giving

global giving is growing, gaining visibility and creating much-needed change around the world, according to a global philanthropy report by the Swiss multinational investment bank and financial services company, UBS Group AG. It states that over time and across geographies, the world has witnessed a near-universal charitable instinct to help others.

Wealthy individuals, families and corporations are indeed looking to give more. This has been witnessed in recent years with the formation of The Giving Pledge in 2010 by Warren Buffett and Bill and Melinda Gates. It is a commitment by the world’s wealthiest individuals and families to give back, at least half of their wealth. Those who have taken the pledge include Mark Zuckerberg and Dr Priscilla Chan, Elon Musk, Strive and Tsitsi Masiyiwa, Patrice and Dr Precious Motsepe.

The Covid-19

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