Philanthropreneur

Philanthropreneur

A Philanthropreneur is an entrepreneurial philanthropist.

The term was coined by Internet entrepreneur Mark Desvaux in 2004 who defined it in his article "From Brewster’s Millions To Gate’s Gazillions" as:

"The next generation of philanthropists who devotes their time and effort along with their entrepreneurial skills to ultimately benefiting others and the world at large." [ [http://www.magicmo.com/articles/philanthropreneur.html FROM BREWSTER'S MILLIONS TO GATE'S GAZILLIONS ] ]

A New York Times article ("What's Wrong With Profit?", 13th November 2006) by Stephanie Strom, as part of a supplement on Giving, stated that philanthropreneurs are "driven to do good and have their profit, too". [ [http://www.nytimes.com/2006/11/13/us/13strom.html?pagewanted=1&ei=5088&en=7b1664f51e15449f&ex=1321074000&partner=rssnyt&emc=rss What’s Wrong With Profit? - New York Times ] ]

In a follow-up to the New York Times article ("A True Philanthropreneur") Desvaux states that: "...true philanthropy stems from a 100% desire to do good without personal gain. A true philanthropreneur, therefore, is someone who does not personally benefit financially from an enterprise they are involved in." [ [http://www.magicmo.com/articles/true_philanthropreneur.html A True Philanthropreneur ] ]

Examples of philanthropreneurs:

Jeffrey Skoll (eBay)
Pierre Omidyar (eBay)
Steve Case (AOL)
Sir Richard Branson (Virgin Group)

Notes and references

ee also

*Philanthropy

External links

* [http://www.nytimes.com/2006/11/13/us/13strom.html?pagewanted=1&ei=5088&en=7b1664f51e15449f&ex=1321074000&partner=rssnyt&emc=rss] New York Times article examining philanthropreneurs.


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