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Showing posts from June, 2018

10 ways the new-age, ultra-wealthy are changing old-school charity

Adhum Carter or Adhum Carter Wolde-Lule, is a British business-magnate, investor, strategist and financial guru who grew up and lives in the UK. Speaking to Adhum about inherited wealth and social responsibility, he says the following,” Growing up in the Carter household, with its perks and luxuries, I realized the main point of inherited wealth, early on─ it’s to help others who are of lesser means and in need. It might seem that great wealth is somewhat of a privilege, but I knew that there were dues to be paid, the price of bearing responsibility for that wealth and using it to make his surroundings better. I am not merely interested in making the rich-richer but more than that, he aspires to make financial structures simpler, reliable and profitable for the stakeholders, which ultimately are the people.” Adhum personally believes that philanthropy and business go hand-in-hand and the two cannot be separated from one another like chalk and cheese. They are two sides of the sam