Charitable lot, the rich
Generosity seems to be on the rise
TOM HUNTER, a Scottish businessman, announced last month that he will give £100m—a fifth of his wealth—to charity. Donald Gordon, a property tycoon, said last year he was giving £10m to the Royal Opera House and £10m to the Wales Millennium Centre. City hedge fund managers last week stumped up £10m at a children's charity evening, a British record for a charity bash. Is lavish philanthropy making a comeback in Britain?
This article appeared in the Britain section of the print edition under the headline “Charitable lot, the rich”
From the May 8th 2004 edition
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