Summary #866

Meet the Rich Kids Who Want to Give Away All Their Money

townandcountrymag.com
  • Resource Generation, a group of wealthy young people across America, are using their capital to transfer power to financially struggling communities.
  • They want to decrease the earnings gap, and help more people have access to the opportunities that few -- except the wealthy -- can afford.
  • The group is focused on smart redistribution of wealth, and wants to encourage people to openly talk about money and status.
  • It has been around since the 1990s, and in the first half of 2019 members pledged $20 million to social justice and grassroots organizations.

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