Showing posts with label Making Money. Show all posts
Showing posts with label Making Money. Show all posts
Many of America's ultra-rich continued to give big donations to charity in 2008, despite the worst financial crisis in decades. In the past year, seven philanthropists gave north of $200 million and nine gave more than $100 million to causes ranging from wilderness preservation to fighting malaria. Warren Buffett and Bill Gates remain far and away the biggest givers overall, but two of 12 newcomers to the list pledged to give more than $1 billion away: William Barron Hilton, co-chairman of the Hilton hotel chain who pledged late last year to give away 97% of his wealth -- some $1.7 billion -- to his family's humanitarian foundation and Peter G. Peterson, co-founder of the investment firm Blackstone Group, who gave $1 billion this year to establish a foundation that promotes fiscal responsibility. Read their stories -- and those of the 48 other philanthropists on BusinessWeek's list -- here.
1. Warren Buffett
Berkshire Hathaway CEO
2004-08 Giving* $40,655 million
Buffett's $31 billion commitment to the Bill & Melinda Gates Foundation, announced in June 2006, resonated throughout the philanthropic community. The giving is aimed at funding education and global health initiatives. This year the commitment to the Gates Foundation still resonates, inspiring other donors with a new model of philanthropy. Buffett, the world's second-richest man, also earmarked billions for the Susan Thompson Buffett Foundation, the Howard G. Buffett Foundation, and the NoVo Foundation -- independent family foundations that support causes ranging from reproductive health to worldwide conservation.
For more, visit the Warren Buffett Philanthropy
2. Bill & Melinda Gates
Microsoft co-founder
2004-08 Giving* $2,625 million
Bill and Melinda Gates give through their massive Seattle-based family foundation, which says it is "committed to ensuring all people have the opportunity to lead healthy, productive lives." With an endowment of nearly $36 billion, the foundation works with partners to give people a chance to lift themselves out of hunger and extreme poverty in developing countries and, in the U.S., to ensure that all people have the opportunities they need to succeed in school and life. Its endowment is eventually expected to double, thanks to a long-term $31 billion gift from investor Warren Buffett, which pays out in installments. Recent initiatives include $100 million in micro medical-research grants; a $164 million grant to the Alliance for a Green Revolution in Africa; and $125 million to fight global tobacco use as part of a $500 million partnership with New York City Mayor Michael Bloomberg.
For more, visit the Gates Foundation.
3. George Kaiser
Oil and gas, banking, investments
2004-08 Giving* $2,377 million
Kaiser's focus remains on early intervention in the cycle of poverty. Giving through his Tulsa-based foundation provides services that include early childhood education, pre-natal health care, public health, in-home parenting, and secondary education, as well as more generalized safety net services that deal with the symptoms of poverty. More recent initiatives have focused on women's incarceration, secondary schools, and reserving land to create an arts and entertainment district in Tulsa. The biggest payout may be yet to come: Kaiser has said he plans to increase his gifts "until I die with one dollar left, assuming I can get the timing just right."
For more, visit the George Kaiser Family Foundation.
4. George Soros
Investor
2004-08 Giving* $2,214 million
Soros distributes $400 million or more each year through his charitable network, which aims to foster open and democratic societies around the world. This year Soros gave some $535 million to dozens of initiatives, including education in Liberia, microfinance in India, and mental health in Moldova. In 2005 he gave an extra $200 million for his Central European University, a graduate school he helped found in Budapest in 1991. An immigrant from Hungary who made his first billion dollars in England, Soros has given nearly $7 billion to support his network of foundations in more than 60 countries.
For more, visit the Open Society Institute.
5. William Barron Hilton
Heir and former CEO of Hilton Hotels
2004-08 Giving* $1,700 million
New to list Following in his father's footsteps, Hilton late last year announced his intention to leave 97% of his wealth to charity after his stakes in Hilton Hotels and Harrah's Entertainment were bought out by private equity groups for billions. Hilton's fortune will go to his family's foundation, the Conrad N. Hilton Foundation, which works to alleviate the suffering of the world's most disadvantaged, with an emphasis on children and support for the work of Roman Catholic nuns. Grants go to causes such as stopping trachoma, the world's leading cause of preventable blindness in Africa; helping homeless families in the U.S.; and providing clean water in Mexico.
For more, visit the Hilton Foundation.
6. Walton Family
Family of Wal-Mart founder
2004-08 Giving* $1,380 million
The world's richest family is also one of the most united when it comes to philanthropy. The secretive Waltons commit the bulk of their gifts through the Walton Family Foundation, which supports a variety of charitable causes. Their areas of focus: K-12 education reform, quality-of-life initiatives in northwest Arkansas (home to Wal-Mart), economic development initiatives in the Mississippi Delta region of the U.S., and most recently, marine and fresh water fishing sustainability initiatives.
For more, visit the Walton Family Foundation.
7. Herbert & Marion Sandler
Golden West Financial co-founders
2004-08 Giving* $1,329 million
The Sandlers have given away more than $1 billion to the Sandler Foundation, which works to strengthen progressive causes, such as: exposing corruption and abuse of power; advocating for vulnerable and exploited people and environments; and advancing scientific research. Last year, for example, the foundation committed $10 million a year to launch and sustain ProPublica, an independent non-profit newsroom, under the leadership of former Wall Street Journal Managing Editor Paul Steiger, that produces investigative journalism in the public interest. The foundation also helped establish the liberal think-tank Center for American Progress with a $50 million gift in 2004.
For more, visit the Sandler Foundation.
8. Peter Peterson
Blackstone Group co-founder
2004-08 Giving* $1,168 million
New to list Using his proceeds from Blackstone Group's IPO, Peterson donated $1 billion to establish the Peter G. Peterson Foundation this year. The focus: to encourage greater fiscal responsibility in the U.S. The foundation has already purchased, promoted, and distributed the documentary I.O.U.S.A. to educate Americans about swelling national and personal debt. (The film is likened by many to Al Gore's documentary on global warming, An Inconvenient Truth.) The former Commerce Secretary's timing was uncanny as the financial crisis underscored his urgent message about excessive spending.
For more, visit the Peter G. Peterson Foundation.
9. Donald Bren
Real estate developer
2004-08 Giving* $908 million
Using property and wealth from his real estate business, Bren has given more than $1 billion, much of it to support education. Bren's commitment to schooling runs the gamut from students to principals to school districts to university scholars on his Irvine Ranch. This year Bren gave $8.5 million to THINK Together after-school programs, one of the largest private donations to after-school programs in California history. In 2007 gifts included $20 million for a new law school at University of California at Irvine and $3 million in annual grants, teacher recognition, and student scholarships. In 2006 he gave a $20 million gift to fund elementary fine arts, music, and science programs at schools in Irvine, Calif.
For more, visit the Donald Bren Foundation.
10. Michael Bloomberg
Bloomberg founder, NYC Mayor
2004-08 Giving* $903 million
This year, Bloomberg added a $250 million, four-year commitment to his Initiative to Reduce Tobacco Use, which was established in 2005 and has received more than $375 million from the New York City mayor. The new money is in partnership with the Bill & Melinda Gates Foundation. Late last year, Bloomberg's Family Foundation gave $9 million to promote global road safety, among others on the mayor's long list of charitable causes each year. Dedicated to making strides in education, he has also committed $100 million to alma mater Johns Hopkins University and purchased a townhouse on the Upper East Side for his future foundation. Bloomberg gave $10 million to the World Trade Center Foundation. Since 1997, Bloomberg has pledged more than $1.5 billion to charities and initiatives.
For more, visit the Bloomberg Philanthropies.
1. Warren Buffett
Berkshire Hathaway CEO
2004-08 Giving* $40,655 million
Buffett's $31 billion commitment to the Bill & Melinda Gates Foundation, announced in June 2006, resonated throughout the philanthropic community. The giving is aimed at funding education and global health initiatives. This year the commitment to the Gates Foundation still resonates, inspiring other donors with a new model of philanthropy. Buffett, the world's second-richest man, also earmarked billions for the Susan Thompson Buffett Foundation, the Howard G. Buffett Foundation, and the NoVo Foundation -- independent family foundations that support causes ranging from reproductive health to worldwide conservation.
For more, visit the Warren Buffett Philanthropy
2. Bill & Melinda Gates
Microsoft co-founder
2004-08 Giving* $2,625 million
Bill and Melinda Gates give through their massive Seattle-based family foundation, which says it is "committed to ensuring all people have the opportunity to lead healthy, productive lives." With an endowment of nearly $36 billion, the foundation works with partners to give people a chance to lift themselves out of hunger and extreme poverty in developing countries and, in the U.S., to ensure that all people have the opportunities they need to succeed in school and life. Its endowment is eventually expected to double, thanks to a long-term $31 billion gift from investor Warren Buffett, which pays out in installments. Recent initiatives include $100 million in micro medical-research grants; a $164 million grant to the Alliance for a Green Revolution in Africa; and $125 million to fight global tobacco use as part of a $500 million partnership with New York City Mayor Michael Bloomberg.
For more, visit the Gates Foundation.
3. George Kaiser
Oil and gas, banking, investments
2004-08 Giving* $2,377 million
Kaiser's focus remains on early intervention in the cycle of poverty. Giving through his Tulsa-based foundation provides services that include early childhood education, pre-natal health care, public health, in-home parenting, and secondary education, as well as more generalized safety net services that deal with the symptoms of poverty. More recent initiatives have focused on women's incarceration, secondary schools, and reserving land to create an arts and entertainment district in Tulsa. The biggest payout may be yet to come: Kaiser has said he plans to increase his gifts "until I die with one dollar left, assuming I can get the timing just right."
For more, visit the George Kaiser Family Foundation.
4. George Soros
Investor
2004-08 Giving* $2,214 million
Soros distributes $400 million or more each year through his charitable network, which aims to foster open and democratic societies around the world. This year Soros gave some $535 million to dozens of initiatives, including education in Liberia, microfinance in India, and mental health in Moldova. In 2005 he gave an extra $200 million for his Central European University, a graduate school he helped found in Budapest in 1991. An immigrant from Hungary who made his first billion dollars in England, Soros has given nearly $7 billion to support his network of foundations in more than 60 countries.
For more, visit the Open Society Institute.
5. William Barron Hilton
Heir and former CEO of Hilton Hotels
2004-08 Giving* $1,700 million
New to list Following in his father's footsteps, Hilton late last year announced his intention to leave 97% of his wealth to charity after his stakes in Hilton Hotels and Harrah's Entertainment were bought out by private equity groups for billions. Hilton's fortune will go to his family's foundation, the Conrad N. Hilton Foundation, which works to alleviate the suffering of the world's most disadvantaged, with an emphasis on children and support for the work of Roman Catholic nuns. Grants go to causes such as stopping trachoma, the world's leading cause of preventable blindness in Africa; helping homeless families in the U.S.; and providing clean water in Mexico.
For more, visit the Hilton Foundation.
6. Walton Family
Family of Wal-Mart founder
2004-08 Giving* $1,380 million
The world's richest family is also one of the most united when it comes to philanthropy. The secretive Waltons commit the bulk of their gifts through the Walton Family Foundation, which supports a variety of charitable causes. Their areas of focus: K-12 education reform, quality-of-life initiatives in northwest Arkansas (home to Wal-Mart), economic development initiatives in the Mississippi Delta region of the U.S., and most recently, marine and fresh water fishing sustainability initiatives.
For more, visit the Walton Family Foundation.
7. Herbert & Marion Sandler
Golden West Financial co-founders
2004-08 Giving* $1,329 million
The Sandlers have given away more than $1 billion to the Sandler Foundation, which works to strengthen progressive causes, such as: exposing corruption and abuse of power; advocating for vulnerable and exploited people and environments; and advancing scientific research. Last year, for example, the foundation committed $10 million a year to launch and sustain ProPublica, an independent non-profit newsroom, under the leadership of former Wall Street Journal Managing Editor Paul Steiger, that produces investigative journalism in the public interest. The foundation also helped establish the liberal think-tank Center for American Progress with a $50 million gift in 2004.
For more, visit the Sandler Foundation.
8. Peter Peterson
Blackstone Group co-founder
2004-08 Giving* $1,168 million
New to list Using his proceeds from Blackstone Group's IPO, Peterson donated $1 billion to establish the Peter G. Peterson Foundation this year. The focus: to encourage greater fiscal responsibility in the U.S. The foundation has already purchased, promoted, and distributed the documentary I.O.U.S.A. to educate Americans about swelling national and personal debt. (The film is likened by many to Al Gore's documentary on global warming, An Inconvenient Truth.) The former Commerce Secretary's timing was uncanny as the financial crisis underscored his urgent message about excessive spending.
For more, visit the Peter G. Peterson Foundation.
9. Donald Bren
Real estate developer
2004-08 Giving* $908 million
Using property and wealth from his real estate business, Bren has given more than $1 billion, much of it to support education. Bren's commitment to schooling runs the gamut from students to principals to school districts to university scholars on his Irvine Ranch. This year Bren gave $8.5 million to THINK Together after-school programs, one of the largest private donations to after-school programs in California history. In 2007 gifts included $20 million for a new law school at University of California at Irvine and $3 million in annual grants, teacher recognition, and student scholarships. In 2006 he gave a $20 million gift to fund elementary fine arts, music, and science programs at schools in Irvine, Calif.
For more, visit the Donald Bren Foundation.
10. Michael Bloomberg
Bloomberg founder, NYC Mayor
2004-08 Giving* $903 million
This year, Bloomberg added a $250 million, four-year commitment to his Initiative to Reduce Tobacco Use, which was established in 2005 and has received more than $375 million from the New York City mayor. The new money is in partnership with the Bill & Melinda Gates Foundation. Late last year, Bloomberg's Family Foundation gave $9 million to promote global road safety, among others on the mayor's long list of charitable causes each year. Dedicated to making strides in education, he has also committed $100 million to alma mater Johns Hopkins University and purchased a townhouse on the Upper East Side for his future foundation. Bloomberg gave $10 million to the World Trade Center Foundation. Since 1997, Bloomberg has pledged more than $1.5 billion to charities and initiatives.
For more, visit the Bloomberg Philanthropies.
Establishing your own E-commerce site is not like what it used to be. There are thousands of competition that is all too willing to get a bigger share of the pie. Every scheme and method you can find to augment your sales would be very beneficial.
We have got to admit to ourselves. Most of us are into it for the money. We are not going to waste our time and effort just for the fun of it. Many sites would not wait until hell freezes over just to see their profits. While there are some who takes things lightly there are always those who would rather see profit any given day.
It is common knowledge that without traffic we have no business. Like any business, without any customers you don’t get sales. Traffic represents all the people that gets a chance to see what you have to offer. The more people who see your products the more people there would be to buy them.
Nobody puts up an E-commerce site that doesn’t expect profit. We have a startup capital that needs to be regained. With a consistent traffic, we at least have a fighting chance to achieve that probability. Monetizing your traffic would optimize your chances of making the best out of it.
Making Money out of your Traffic
The best and most proven method of making a profit out of your traffic is using advertising. The internet generates hundreds of thousands upon hundred of thousands of traffic everyday. Most of them are searching for something. While some are just looking for information there is also a good percentage that is looking for something that they need.
The internet has proven to be a very reliable source in finding what was deemed to be a very unsearchable product. The internet has made the world a smaller place; you can advertise a product from the depths of Istanbul and still find a buyer from the center of Philadelphia.
Generating traffic is not an easy task. You have to contend with a great number of sites to generate a good number of traffic flow. But if done successfully this could open up a Pandora’s Box of possibilities. One of the benefits is monetizing your traffic flow.
So, to get to the core of it the more traffic you generate the more likely you are considered as a desirable, desirable, in a sense that a good traffic flowing site is easily convertible to profit. Basically traffic equals profit. Advertising is the name of the game; with the good advertising scheme you can use your traffic flow to your advantage.
When you have good traffic you have a good number of potential customers, customers that are willing to pour money into your coffers. Other than that these are also traffic that can be redirected to sponsored links that are willing to pay you for a sizeable portion of the traffic that you have generated.
This scheme is called “pay-per-click”. With every click a visitor of your site makes on an advertised link you will be paid. The more traffic you generate and the more clicks that happens would spell to more profits.
Affiliate Programs
Another method of monetizing your traffic are affiliate programs. You can link up with other tried and tested sites and online companies and monetize your traffic by having a percentage of sales generated by traffic coming from your site.
The basic idea is, traffic generated from your site will go to another site that can offer a product that you do not carry. Many programs can keep track and make records of transactions that was made possible because of site linkage.
When purchases are made by customers that was led by your site to their site you get a percentage of that sale. Affiliate programs would give you the benefit of monetizing your traffic without the actual need of carrying or promoting a certain product.
There are so many ways and methods to monetize your traffic. All it takes is a bit of hard work and the desire to successfully launch a profit-earning site. The internet is a veritable source of information, many tips and guides are offered everywhere in how to monetize your traffic and make your site a good profit earner.
We have got to admit to ourselves. Most of us are into it for the money. We are not going to waste our time and effort just for the fun of it. Many sites would not wait until hell freezes over just to see their profits. While there are some who takes things lightly there are always those who would rather see profit any given day.
It is common knowledge that without traffic we have no business. Like any business, without any customers you don’t get sales. Traffic represents all the people that gets a chance to see what you have to offer. The more people who see your products the more people there would be to buy them.
Nobody puts up an E-commerce site that doesn’t expect profit. We have a startup capital that needs to be regained. With a consistent traffic, we at least have a fighting chance to achieve that probability. Monetizing your traffic would optimize your chances of making the best out of it.
Making Money out of your Traffic
The best and most proven method of making a profit out of your traffic is using advertising. The internet generates hundreds of thousands upon hundred of thousands of traffic everyday. Most of them are searching for something. While some are just looking for information there is also a good percentage that is looking for something that they need.
The internet has proven to be a very reliable source in finding what was deemed to be a very unsearchable product. The internet has made the world a smaller place; you can advertise a product from the depths of Istanbul and still find a buyer from the center of Philadelphia.
Generating traffic is not an easy task. You have to contend with a great number of sites to generate a good number of traffic flow. But if done successfully this could open up a Pandora’s Box of possibilities. One of the benefits is monetizing your traffic flow.
So, to get to the core of it the more traffic you generate the more likely you are considered as a desirable, desirable, in a sense that a good traffic flowing site is easily convertible to profit. Basically traffic equals profit. Advertising is the name of the game; with the good advertising scheme you can use your traffic flow to your advantage.
When you have good traffic you have a good number of potential customers, customers that are willing to pour money into your coffers. Other than that these are also traffic that can be redirected to sponsored links that are willing to pay you for a sizeable portion of the traffic that you have generated.
This scheme is called “pay-per-click”. With every click a visitor of your site makes on an advertised link you will be paid. The more traffic you generate and the more clicks that happens would spell to more profits.
Affiliate Programs
Another method of monetizing your traffic are affiliate programs. You can link up with other tried and tested sites and online companies and monetize your traffic by having a percentage of sales generated by traffic coming from your site.
The basic idea is, traffic generated from your site will go to another site that can offer a product that you do not carry. Many programs can keep track and make records of transactions that was made possible because of site linkage.
When purchases are made by customers that was led by your site to their site you get a percentage of that sale. Affiliate programs would give you the benefit of monetizing your traffic without the actual need of carrying or promoting a certain product.
There are so many ways and methods to monetize your traffic. All it takes is a bit of hard work and the desire to successfully launch a profit-earning site. The internet is a veritable source of information, many tips and guides are offered everywhere in how to monetize your traffic and make your site a good profit earner.
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