When tragedy strikes the world, millionaires and billionaires have a single strategy; fight it with an open wallet. Unfortunately, that same approach hasn’t translated to long-term world problems. Take the tragic fire of the Notre Dame. An iconic building with history spanning centuries burns down and once again, the heads of corporations are tripping over themselves, trying to lay down cheques to pay for repairs.
Of course, it’s upsetting to see a French icon burnt at the stake, but does that really warrant millions if not billions of dollars in donations?