World over, big corporations have been involved with city development and management because cities are where the action is. As much as 51 per cent of the world’s 6.9 billion people, 3.5 billion souls, live in cities. By 2050 demographers think it will be 70 per cent, or 6.2 billion people. Cities are the funnels for investment, enterprise and innovation. We are already familiar with big names such as Bill and Melinda Gates, Warren Buffet, Richard Branson, Michael Bloomberg and many others who have carved out philanthropic funds to help non-profit organisations serve the poor. There are many who have involved themselves more directly by making cities more liveable.
Ely and Edythe Broad who live in Los Angeles have founded the Broad Art Foundation which includes an art library that has lent more than 8,500 top art works to 500 museums. Donald Bren, the American real estate mogul, has given to schools, Caltech and the University of California’s Santa Barbara and Irvine campuses, besides 20,000 acres of parkland to Orange County, part of which established the Black Star Canyon Wilderness Park. George Kaiser, an American oil baron has focused on his home city of Tulsa – with nearly $1.3 billion in contributions and grants to childhood education and community health programmes in the city, including gifts to local non-profits and social service agencies.
Denne historien er fra February 25, 2023-utgaven av Business World India.
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Denne historien er fra February 25, 2023-utgaven av Business World India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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MEMORIES & IMPRESSIONS
Ratan Tata was an exceptional human being. He was a visionary leader, esteemed industrialist, and a humanitarian, who left an indelible mark on India and the world.
The Robotaxi Market
The robotaxi market is shaping up to be a high-stakes battleground as tech giants and automakers race to transform urban mobility.
And the Nobel Prize Goes to AI
The recent Nobel Prize T awards to AI pioneers affiliated with Google have sparked a broader conversation about Big Tech's influence on research and the limitations of traditional prize categories.
Ola Electrified
Once considered a trailblazer in India’s electric vehicle (EV) ecosystem, Bhavish Aggarwal’s Ola Electric now faces a major accountability crisis.
Sharp Slide in Industrial Output on Eve of Deepavali
India’s index of industrial production (IIP) saw a sharp reversal in August, contracting by 0.1 per cent, in stark contrast to the 4.7 per cent growth in July, mostly because of significant contractions in mining and electricity generation.
Heralding the Solar Era with Sustainable Electrification
RAJEEV KASHYAP on the economics of solar power, the hurdles in scaling it, and much more
A WELL-GREASED MACHINE
The OmniBook X14 laptop runs on first-generation Snapdragon X Elite, which bets big on Al-enabled productivity and battery life, but falls short when it comes to overall experience, says Deep Majumdar
DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH
For a family of four living in a metro, it is recommended to opt for a family floater health insurance plan with a sum insured of at least Rs 15-20 lakh
Disruption Ahead: Beyond Organisation Charts and Structures
ALBERT EINSTEIN FAMOUSLY said, “We cannot solve our problems with the same thinking we used when we created them.
Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment
We are on the stage of global warming, and these technologies not only help prevent further damage but also leave behind a better environment for future generations.