An Australian Businessman is pledging to give an unthinkable amount of money to help the people within his country. His name is Mr Anthony Pratt and he announced earlier this year that he was going to give the remarkable some of 1billion Australian dollars to charities mainly within Australia before he dies. His estimated worth is somewhere in the range of AU12–14 billion so the annual gains made by his company will be the means in which he is donating. While this won’t be a one of lump some it will be a steady stream of revenue to help the nation, some argue this is much better than a singular donation as it will help manage how to use the money best by laying out a structured guideline.
His company, Visy, his privately owned by himself and was inherited by him after his father died and as such the business mogul has full say on where the money is to be directed. Regarded as Australia’s richest person, the younger Pratt topped the 2017 AFR Rich List after his net worth jumped some $2.3 billion on a year-over-year basis.
“My goal is to give away $1 billion before I die,” said Pratt. “I can afford to, and it’s a great honor and privilege to do so.”
It has inspired other people of similar standings and security to do the same as mining mega-man Forest and his wife also decided to donated AU400,m to charity organisations directly in Australia. It truly is wonderful when a train reaction like this occurs and the whole community can benefit off the success of the few. Putting back into the country is a great way to ensure the future success of australia and its no surprise when the random Australians who are benefiting from these donations are rejoicing!