Bart Becht, Chief Executive of Reckitt Benckiser donated £110 million pounds to a charity which supports organizations like Save the Child and many more. Through this generous donation Mr Becht has set an example for corporate executives as far as philanthropy is concerned.
This is not the first time a top executive has donated such a huge sum of money towards a cause. A lot of highly paid executives presently are refusing their bonuses and are diverting them towards charities.
Michael Geoghegan, chief executive of HSBC donated his £4 million pound bonus to a charity that supports child education. He hand his wife are anonymously supporting such charities from the past 3 decades.
Sir Tom Hunter is on the top donators list, he donated £100 million to The Hunter Foundation which supports charities including Unicef.
Peter Cruddas of financial trading group CMC Markets has donated more than £100 million to youth based charities.
Bill Gates has donated £2.9 billion to vaccines in the past decade and plans to donate $10 billion to develop and distribute vaccines and save lives of 8 million children.
The biggest donor till date is Warren Buffett who gave $31 billion to The Gates Foundation in 2006.
High earners are balancing their acts buy giving out high donation amounts and helping out the needy.
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