Philanthropy: Why it pays to give

When it comes to parting with our wealth for the ‘greater good’, how do high net worth South Africans stack up? And what role can philanthropy play in effecting lasting social change?

Back in 2013, mining magnate Patrice Motsepe made headlines with the announcement that his family would be the first outside of the United States to sign the ‘Giving Pledge’ – an initiative launched by Warren Buffett with Bill and Melinda Gates urging the world’s billionaires to promise sizeable chunks of their net worth to philanthropic causes…