Tuesday, March 10, 2009

How do philanthropists make their money in the first place?

Propaganda becomes history

Propaganda becomes history

This photograph appeared in Business Standard on 28th February, 2009. A business newspaper does not remember business history. Nearly 150 years later, David Sassoon drug running and his opium kingdom is forgotten. He becomes the great philanthropist. Did he make his money from philanthropy?

This is one of the two elephants in the Western history room!

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