Billions in Change: The Man Who Gifts 99% of His Wealth

How do you change the world? Is foreign aid the most effective tool, or should charities funded by millions of small donors lead the way? A new organization called Billions in Change is trying a new strategy: creating inventions to solve the most fundamental problems that people face around the world. Founded and funded by multi-billionaire Manoj Bhargava, the organization has a unique opportunity to directly address the problems of global poverty. Bhargava, the founder of 5-Hour Energy, pledged 99 percent of his wealth to help the less fortunate. So Billions in Change doesn't accept donations." Read more about this initiative that aims to find solutions to the most basic global problems -- water, energy and health.

http://www.dailygood.org/story/1289/billions-in-change-the-billionaire-who-gives-away-99-of-his-wealth-ryan-hewlett/