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philanthropy affects status
in Daily Dose
Philanthropy has cost Bill gates in term of losing status as world's richest man. Nobody compared to him in wealth creation but philanthropy cost him. He himself contributed substantial amount and lost status as world riches.

http://in.finance.yahoo.com/news/Bill-Gates-philanthropy-costs-reuters-1823710602.html

G. K. Ajmani Tax consultant
http://gkajmani-mystraythoughts.blogspot.com/

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