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As Billionaire Wealth Skyrockets, Here's What Happens to Their Philanthropy

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Charitable contributions from the ultra-rich are up this year, according to new data from the Chronicle of Philanthrophy for 2013. With $7.7 billion in contributions, 4% more than 2012, the scions of finance and industry are practically bending over backwards to bequeath their wealth to the needy. Or so they'd…

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