Arnold and Scott represent the new, reform-minded wing of the billionaire class.
They believe that traditional philanthropy is inadequate.
American families with more than $500 million donated only 1.2 percent of their assets in 2017.
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Monika Mitchell, founder of Good Business New York, asks, Do You Have What it Takes to Be a Social Entrepreneur? She lists down the five P’s essential in every entrepreneur: Passion. Purpose. Plan. Partner. Profit.