Wealthy Parents Seek to Teach Kids Through Philanthropy

Wealthy parents are increasingly entrusting their charitable projects to their children in hopes of educating them about wealth inheritance and encouraging them to discover their own passions, reports The Financial Times.

Many entrepreneurs and corporate leaders believe by offering children a chance to get involved in charitable foundations and trusts, they can give their kids a chance to become knowledgeable about investing and financial returns and gain experience in related areas such as good governance and communication, the newspaper said.

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