For more than a century, rich guys who think they're smarter than the rich guys who came before them have been buying money-losing publications under the ...
His magazine is, anyway. The New Republic was in danger of going out of business before it reached its centennial. But then the most accidental of the ...
Nonprofit group GiveDirectly funnels charitable donations directly to the cell phones of Kenya's poorest. Google has donated $2.5 million. Chris Hughes ...

Facebook co-founder Chris Hughes makes the case that one percenters like him should pay their fortune forward in a radically simple way: a guaranteed income for working people. The first half of Chris Hughes' life played like a movie reel right out of the "American Dream." He grew up in a small town in North Carolina. His parents were people of modest means, but he was accepted into an elite boarding school and then Harvard, both on scholarship. There, he met Mark Zuckerberg and Dustin Moskovitz and became one of the co-founders of Facebook. In telling his story, Hughes demonstrates the powerful role fortune and luck play in today's economy. Through the rocket ship rise of Facebook, Hughes came to understand how a select few can become ultra-wealthy nearly overnight. He believes the same forces that made Facebook possible have made it harder for everyone else in America to make ends meet.
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