Only 10% of billionaires have pledged to donate to coronavirus relief - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Only 10% of billionaires have pledged to donate to coronavirus relief

It's likely that slightly more than 10% of billionaires have funded relief efforts, but chose to do so privately or not in their own name, Wealth-X noted. The firm also said it expects more billionaires to make donations by the end of the year.

Even though most billionaires aren't voluntarily funding COVID-19 relief efforts, some predict they may indirectly end up doing so anyway, through new wealth taxespreviously reported that countries across the globe might resort to raising taxes on their highest earners to cover the costs of fighting the pandemic, according to Luigi Pigorini, Citigroup's private bank head for Europe, the Middle East, and Africa.

The International Monetary Fund, an organization of 189 countries working to foster global monetary cooperation and stability, also

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

How else do you think the other 90% became billionaires? 🤷🏿‍♂️

news flash. 9 out of 10 people obsessed with money are not generous.

They do not need to do it. Central Banks will print all relief need and if you need to wallpaper your house they will match that need aswell RossiAndres

Because 90% of them know it’s political BS

They're making bank off it. More to hoard from the economy.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Inside Chinese smartphone giant Vivo's 32-floor tower HQ - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. They said they gonna built this in Delhi. They betrayed me. vivopakistan you should consider this as well & it's not impossible.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

How Quibi is working with influencers, inside its strategy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The status quo wins another day.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

House passes new coronavirus relief bill for renters and homeowners - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Popular coronavirus relief loan program for small business expires with billions untappedAfter an initial rush of applications, interest in the Paycheck Protection Program waned, leaving about $135 billion on the table Billions of untapped loan amt offered as coronavirus relief loan. What does it convey. Is it the programme was too strict and stringent which detterred people from taking it or there was no activity and no necessity.
La source: latimes - 🏆 11. / 82 Lire la suite »