What is Finance in the Real World?

What is Finance in the Real World?

Finance is about getting capital, significant funds for large accomplishments. However, The Gospel of Wealth refers to a book and to mindset that wealthy people have a moral responsibility to give back to society. For instance, Carnegie has made many gifts to universities throughout the United States. Today’s notable billionaires, such as Bill Gates and Warren Buffet, are likewise famous philanthropists, giving much of their wealth away to those who most need it. The Bill and Melinda Gates Foundation fights poverty in developing countries and combats childhood diseases such as polio, while Warren Buffet has pledged most of his fortune.

My precious! Image: Megan Jorgensen (Elena)

Alternatively, Forbes is the publication which describes people’s net worth. Forbes also typically portrays how wealth was amassed, philanthropy when applicable, alma mater and family details about those lucky and gifted featured on Forbes greatest fortunes list. Interestingly enough, there are very few self-made women billionaires on the Forbes list, or in the world. In fact, most women billionaires in the world have inherited their tremendous wealth, although some have made their fortunes themselves. To avoid jumping to conclusions, that number remains on the rise