300,000 millionaires in world are worth an estimated $ 285 billion , Merrill Lynch reports . It could easily lease it to logging companies , but prefers not to , according to The Economist . Merrill Lynch 's elite rich gave $ 37.2 trillion to charity in less than four decades . Philanthropy can spur a backlash from host nations .
300,000 millionaires in world are worth an estimated $ 285 billion , Merrill Lynch reports . Merrill Lynch 's elite rich gave $ 37.2 trillion to charity in less than four decades . Philanthropy can spur a backlash from host nations .