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Daily News… RUSSIAN, UKRAINIAN TYCOONS PLEDGE HALF FORTUNE TO CHARITY Russia’s Vladimir Potanin and Ukraine’s Victor Pinchuk pledged Tuesday to give half of their fortunes to charity, becoming the first tycoons from ex-Soviet Union to join a global drive by the world’s richest people to share their wealth. Russian industrial magnate Potanin, 52, and Pinchuk, the Ukrainian metals and media tycoon, also 52, said that by joining the Giving Pledge initiative led by Bill Gates and Warren Buffett they hoped to inspire other rich people to share their wealth. Potanin and Pinchuk are among a dozen rich people who joined the initiative on Tuesday, bringing the total to 105, including Indian tycoon Azim Premji and Britain’s Richard Branson. «Giving to good causes is no less fun than making money,» Pinchuk told AFP. By pledging to give at least half of his fortune to charity, Pinchuk said he wanted to send a signal that his philanthropic activities were not a hobby. «This is my commitment for a lifetime and beyond,» he said by phone. «If someone can be inspired to do the same, then this would be right.» Potanin, co-owner and chief executive of Norilsk Nickel, the world’s largest palladium and nickel producer, said he hoped others in the country would follow his example. «I hope my example will inspire people in Russia and other countries and will demonstrate to the world that the Russian traditions of philanthropy are coming back.» He added in a statement released by his charity foundation that he also wanted to protect his children from «burden of the extreme wealth, which may deprive them of any motivation to achieve anything in life on their own.» The Giving Pledge initiative announced in 2010 was launched by Microsoft founder Gates and investment guru Buffet who want to convince the richest people to give 50 percent or more of their fortunes to charity.
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International News… OPRAH FOR FRENCH FRYER-MAKER Shares in French appliances group Seb soared after US television personality Oprah Winfrey told her millions of Twitter followers its low-oil fryer had «changed my life». Seb stocks were up 4.05 percent to 62.42 euros in midday trading on the Paris stock exchange, hitting a six-month high. Winfrey had Tweeted about using the company’s T-Fal Actifry, a low-oil fryer which went on the market in the United States in 2011. «This machine...TFal actifry has changed my life. And they’re not paying me to say it,» Winfrey wrote to her more than 16 million followers.
HITLER, FRANKENSTEIN CONTEST Politicians named after Adolf Hitler and Frankenstein are among 345 candidates competing in elections this week in a north-east Indian state with a history of bizarre naming conventions. Keeping them company when the hilly state of Meghalaya goes to the polls on Saturday are others called Bombersingh, Boldness Billykid, Predecessor and Process. Hopingstone Lyngdoh, Hilarious Pochen and Hopeful Bamon will also try their luck at nabbing one of the 60 seats up for grabs in the state legislative assembly.
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