A Billionaire’s Self-Defense Misses The Point

Not all charities are democratic. Just ask the big donors.

By chance, I think it was from Hacker News, I learned of a speech given by the daughter of a billionaire, in defense of billionaires like her father. The speech was unexpected and surprised more than a few people in attendance. The speaker, Jennifer Gross, is the daughter of Bill Gross, co-founder of PIMCO, the investment management firm. The incident was covered by Forbes in their article, At A Vatican Conference, A Billionaire’s Daughter Defends The Role