The UK’s wealthiest people are some of the top givers globally, according to a report on ultra-wealthyphilanthropy by Wealth-X. Wealth-X records more than 211,000 ultra high net worth (UHNW) individuals globally with at least US$30 million in net assets, and theRead more…
Income Inequality Makes Rich People Stingier
A new study found wealthy people in states with skewed income scales were less generous. If Charles Dickens’s Victorian London had more income equality, Ebenezer Scrooge wouldn’t have been such a miser. That’s the implication of new research that suggests inequality makes wealthyRead more…
Toward a new gospel of wealth
As I begin my third year at the Ford Foundation’s helm, I am reminded of how privileged I am—and we all are—to serve this institution. For my colleagues and me, these past 15 months have entailed both deep introspection aboutRead more…
Why We Must Tackle Inequality If We Are To Eradicate Extreme Poverty
This year, a series of key global summits will attempt to set out a bold agenda: to tackle global poverty in a way which will leave no-one behind; and to ensure we sustain the natural resources and stable climate on which we allRead more…
Is it time for God to press the reset button on the global economy?
Many questions are being asked about how sustainable the current global economic climate is. In fact it seems that even the so called economic experts have run out of ideas on how to tackle the issues that are at handRead more…
World Wealth Report 2014 and Asia Pacific Wealth Report 2014
The World Wealth Report is the benchmark for tracking High Net Worth Individuals (HNWIs), their wealth, and the global and economic conditions that drive change in the wealth management industry. The 2014 report covers 71 countries in the market-sizing model,Read more…
The World’s Millionaire Stock Is on the Rise: The world’s “millionaire club” grew faster than most economies in 2013.
1.Altogether, there were 13.73 million millionaires in the world in 2013, compared to 11.97 million in 2012. 2.The number of millionaires worldwide rose by 14.7% between 2012 and 2013, about five times the estimated 2.9% rate of global economic growth.Read more…
2014 U.S. Trust Insights on Wealth and Worth
Nine in 10 wealthy Americans say they want to help close the income gap between the rich and the poor, according to the U.S. Trust study on wealth and worth. But only 39 percent say donating money to charities that provideRead more…
Progress & Challenges in Africa
Africa made significant progress the last 20 years, but there are still significant challenges for the African church to engage with. The infographic that can be downloaded through the website gives an insight into these challenges. Modeling generosity in theRead more…
How Does Foreign Aid Work?
Does foreign aid work? Or, as some argue, does it do more harm than good? What about giving to ministries in poorer countries? There is a lot of debate about the issue of dependency. This ”visual explainer” engages with several prominent mythsRead more…