Philanthropreneur

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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."[1]

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".[2]

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."[3]

Examples of philanthropreneurs:

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

[edit] Notes and references

  1. ^ FROM BREWSTER'S MILLIONS TO GATE'S GAZILLIONS
  2. ^ What’s Wrong With Profit? - New York Times
  3. ^ A True Philanthropreneur

[edit] See also

[edit] External links

  • [1] New York Times article examining philanthropreneurs.