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Sainsbury’s heir: hitting rich people with a stick doesn’t work

Summary by Spear's Magazine
When it comes to encouraging wealthy people to be more philanthropic, the carrot is better than the stick. That’s the view of Sainsbury’s heir Fran Perrin, who was among the speakers at the Giving and Impact Summit at the London Stock Exchange yesterday.‘I don't think it works, hitting people over the head with a stick and saying, you know, “Bad, rich people – bad!”’ Perrin said. ‘That doesn't work very well.’Perrin’s remarks followed the public…
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Spear's Magazine broke the news in on Wednesday, July 9, 2025.
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