Self-styled ‘serial entrepreneur’ Stelios Haji-Ioannou, reveals this week that he is to donate the bulk of his US$1.5bn fortune to charity and environmental work. In so doing, he will join Bill Gates and Warren Buffett in the pantheon of mega-philanthropists, and undoubtedly make a real difference in whichever fields he decides to deploy his resources.
“Because I started easyJet many people have asked me what it feels like to be helping destroy the planet,” he says.
“So I suppose this is a good way to answer that.”
Such candour is refreshing from a businessman who, among other achievements, single-handedly launched Europe’s now thriving low-cost airline industry.
Others were quick to imitate easyJet, and they made a lot of money very quickly. Let us hope that they are similarly quick to imitate Stelios’ latest venture.For all the latest banking and finance news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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