Google's current executive chairman, Eric Schmidt is reportedly planning to sell up to 2.4 million shares of his $1.5 billion stock portfolio.
Coincidentally, Peter Diamandis and Steven Kotler's book Abundance
is now available. In the book, an entire chapter is dedicated to technophilanthrophy. The technophilanthropist is a new breed of philanthropist—a young, idealistic, go-getter committed to using their wealth to better the world. These individuals are having a surprising and significant impact. Men and woman like eBay’s first president Jeff Skoll, Facebook founder Mark Zuckerberg, and Pay Pal founder Elon Musk are examples of technophilanthropists cited by Diamandis and Kotler. Does Schmidt wish to join their ranks?
In terms of philanthropy, Schmidt has already created the The Eric Schmidt Family Foundation addresses issues of sustainability and the responsible use of natural resources. Wendy and Eric Schmidt, working with Heart Howerton, a San Francisco architectural firm that specializes in large-scale land use, have inaugurated several projects on the island of Nantucket that seek to sustain the unique character of the island, and to minimize the impact of seasonal visitation on the island's core community. Wendy Schmidt offered the prize purse of the Wendy Schmidt Oil Cleanup X CHALLENGE, a challenge award for efficient capturing of crude oil from seawater motivated by the Deepwater Horizon oil spill. Will more money be pouring into these projects?
is now available. In the book, an entire chapter is dedicated to technophilanthrophy. The technophilanthropist is a new breed of philanthropist—a young, idealistic, go-getter committed to using their wealth to better the world. These individuals are having a surprising and significant impact. Men and woman like eBay’s first president Jeff Skoll, Facebook founder Mark Zuckerberg, and Pay Pal founder Elon Musk are examples of technophilanthropists cited by Diamandis and Kotler. Does Schmidt wish to join their ranks?In terms of philanthropy, Schmidt has already created the The Eric Schmidt Family Foundation addresses issues of sustainability and the responsible use of natural resources. Wendy and Eric Schmidt, working with Heart Howerton, a San Francisco architectural firm that specializes in large-scale land use, have inaugurated several projects on the island of Nantucket that seek to sustain the unique character of the island, and to minimize the impact of seasonal visitation on the island's core community. Wendy Schmidt offered the prize purse of the Wendy Schmidt Oil Cleanup X CHALLENGE, a challenge award for efficient capturing of crude oil from seawater motivated by the Deepwater Horizon oil spill. Will more money be pouring into these projects?
Even if Schmidt is to sell off all 2.4 million shares he is putting on the market, his ownership of the tech giant would only be reduced from 2.8 percent to 2.1 percent.
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