When Is It Not Good to Give? the Shades of Grey of Philanthropy; Welsh Venture Capitalist-Turned-Philanthropist Michael Moritz Plans to Give Pounds 75m to Help Students from Disadvantaged Backgrounds Get into Oxford University. but Here Darren Devine Looks at How Philanthropists, from 19th-Century US Industrialists like John Davidson Rockefeller to Today's Greatest Givers like Bill Gates, Have Been Dogged by Controversy

Byline: Darren Devine

* N 2007 Microsoft billionaire Bill Gates told an audience of Harvard University students that "reducing inequity is the highest human achievement".

Venture capitalist Michael Moritz this week made his contribution to Gates' goal of "reducing inequity" with a pledge of pounds 75m to help Oxford University attract more students from poor backgrounds.

Mr Moritz's donation has been described by the university as "the biggest philanthropic gift for undergraduate financial support in European history".

The former Cardiff comprehensive pupil follows a long line of self-made men who for centuries have decided to give away some or all of the fortunes they've spent their lives amassing.

Gates has pledged his entire pounds 34bn fortune to charity and Albert Gubay, who founded the North Wales-based Kwik Save supermarket …

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Publication information: Article title: When Is It Not Good to Give? the Shades of Grey of Philanthropy; Welsh Venture Capitalist-Turned-Philanthropist Michael Moritz Plans to Give Pounds 75m to Help Students from Disadvantaged Backgrounds Get into Oxford University. but Here Darren Devine Looks at How Philanthropists, from 19th-Century US Industrialists like John Davidson Rockefeller to Today's Greatest Givers like Bill Gates, Have Been Dogged by Controversy. Contributors: Not available. Newspaper title: Western Mail (Cardiff, Wales). Publication date: July 13, 2012. Page number: 27. © 2009 MGN Ltd. COPYRIGHT 2012 Gale Group.

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