News and analysis
May 18, 2014
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Billionaires Wield Greater Power Through Charitable and Political Donations

David Paul Morris/Bloomberg/Getty Images

Thomas Steyer, a former hedge-fund manager, has pledged millions to Yale and Stanford and a super PAC to fight climate change.

Billionaire philanthropists are moving beyond traditional charitable causes and tackling policy-oriented issues like climate change, gun control, immigration, and public pensions. And they are stirring controversy as they take a multi-faceted...

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