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Tycoon to donate £1bn {$2bn} to charity (BBC)

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eppur_se_muova Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-17-07 05:19 PM
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Tycoon to donate £1bn {$2bn} to charity (BBC)
Sir Tom Hunter, Scotland's richest man, is pledging to give away at least £1bn to charity, the BBC has learned.

The donation is thought to be the single most generous philanthropic commitment made by a Briton.

The former owner of the Sports Division sports chain said it would take years to transfer all the cash, but that he was committed to doing it.

He had already committed £100m to his charitable foundation to fight inequality in both Scotland and Africa.

In an exclusive interview with the BBC's business editor Robert Peston, Sir Tom said he was concerned about the growing gap in the UK between the rich and poor and wanted to boost opportunities for those at the bottom.
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more: http://news.bbc.co.uk/2/hi/uk_news/scotland/glasgow_and_west/6903605.stm
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