Private Charity Foundations: How Far Away Are We?

It All Started with Zuckerberg’s US$ 45 billion Charitable Donation On December 2, 2015, founder of Facebook, Mark Zuckerberg, became a father. He was so happy about the birth of his daughter that he donated 99% of his company shares (reportedly US$ 45 billion) to charity. While Bill Gates was…

International Financial Centers Won’t Crumble

The recent “offshore account” scandal from a Caribbean island nation has fast become the most heated topic on the Internet. Mossack Fonseca, a top Panamanian lawyer has long been helping various countries’ political bigwigs conserve hide their assets in offshore accounts. It’s as if the offshore financial jurisdictions, led by…
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