Man Group Chairman Doesn’t Seem So Charitable to Us
Man Group Chairman Harry McGrath is an all-round charitable guy, says Andrew Davidson of The Times (UK). The Chase-trained hedge fund kingpin can afford to donate his time to causes like advising non-profits on information technology given his £120 million estimated net worth. “Putting something back is the casual phrase that explains it,” McGrath says. “It’s nice to be in a position to do so from the point of view of time and financial capacity.” Whatever. It doesn’t sound like this guy is exactly working in soup kitchens or building houses foe Habitat for Humanity. Lending his name and sitting in on a few meetings hardly qualifies him for Humanitarian of the Year Award.
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