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Business Daily: Billionaires and the Pandemic

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14/05/2020 GMT

Billionaires and the Pandemic

BBC World Service - Business Daily, Billionaires and the Pandemic

Should we be questioning donations from the super-rich?

As some billionaires make big donations to help fight Covid-19, we ask whether the super-rich could find themselves with greater influence in public health in the future.

Some of the world’s richest people have been digging deep during the pandemic, donating their own money to help fight Covid-19. With some of the wealthiest 1% already funding medical research, we ask how comfortable we should be with billionaires taking on an even bigger role in public health. Vivienne Nunis speaks to David Callahan, editor of the website Inside Philanthropy and Rob Reich, Professor of Political Science and co-director of the Center on Philanthropy and Civil Society at Stanford University. Chris Anderson, the head of the ideas-sharing platform, TED, tells us philanthropy needs a shake-up. And, neuroscientist Dr. Christof Koch explains what it’s like to work at a medical research institute funded by private money. (Picture: a charity savings jar. Credit: Getty)

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