Downsizing the utopian vision becomes a real risk when you’re funding it on volatile corporate stock. Maybe Zuckerman needs a pension fund.
Splitting the business down the middle would make it easy for index funds to strip the CEO of his executive power. A little liquidity would be nice.
Young adults can often feel like they’re immortal, but nobody really knows how long they’ve got left, and that’s why estate...
Truly sustainable philanthropy requires more than regular tax-deductible donations, especially if the assets aren’t 100% locked in to begin with.