#corporateleaders
Just got up, and not quite feeling to start my daily routines but a glance at the headlines jolted me. "Elon Musk displaces Jeff Bhezeos to become the world's richest person".
I thought that's expected. Who wouldn't foresee that, in these days when fluctuation in Bitcoins price makes you the richest in the morning and perhaps poorer in the evening. A lot of people have been the legendary number 1, but change kept them where you find them today. Then a snap. Later in the day, having read full report a few more issues came to my mind.
For instance unconfirmed media reports revealed that Jeff Bhezeos just had a divorce, which took about $43 billion alimony to his erstwhile spouse.
Wealth creation and philanthropy are close associates. The former is usually the products of enterprise, economy and heritage. While the latter is as a result of acts of benevolence due to sympathy for humanity, causes and or desire to change the status quo positively.
Virtually everyone likes to associate with individual and human progress. It satisfies human desires, as well as boosts egos and social status. In response society and communities celebrate the the wealthy, the rich and the affluent. These phenomena are corroborated by Hollywood, Nollywood, Bollywood and other 'wood' video films.
While some pursuit of wealth creation are strictly profit maximization endeavors, which don't allow dilution of that goal, others deploy some chunk of the wealth to humanitarian and developmental causes. This latter act is corporate social responsibility.
Acts of corporate social responsibility is like caring for those you met while ascending the ladder, because you might need them when you're descending.
Corporate institutions' response of competition is just natural. Everyone likes a jolly good friend. Every business entity as much as individuals, would like to be seen on the scoreboard of corporate social responsibility.
Therefore the convention of ranking them and their donors by Bloomsberg, Forbes, Fortune etc. emerged. The desire, the tempo and clamor to be recognized went high.
It has become part of our social life and for some a lifestyle to check 'whoruns' to find out who change has made the richest and watch for him/her to be replaced the next morning.
Today, it has become the norm for the richest persons to be evaluated according to their acts of corporate social responsibility, even though that affects their ranking. Perhaps that explains why Bill Gate's name has been missing for some time now.
