NEW YORK--(BUSINESS WIRE)--Forbes announced today that on June 5, at the United Nations in New York, the company hosted the second annual Forbes 400 Summit on Philanthropy. With the goal of sharing ideas and seeking solutions to extreme poverty, the private summit, supported by Credit Suisse, brought together approximately 150 of the world’s greatest entrepreneurs and world leaders, including Bono, Bill Gates, Warren Buffett, U.N. Secretary General Ban Ki-moon, President of Liberia and 2011 Nobel Peace Prize Winner Ellen Johnson Sirleaf, Founder of Grameen Bank and 2006 Nobel Peace Prize Winner Muhammad Yunus, and Founder of Robin Hood Foundation Paul Tudor Jones.
“This year’s summit exceeded our expectations in stimulating a high level of discussion around entrepreneurial solutions for global poverty,” said Forbes Media President and CEO Mike Perlis. “A key take-away was that transparency will be critical in driving growth in impoverished countries and ending corruption.”
“After our inaugural philanthropy summit last year, participants asked us to keep the conversation going. We explored different themes this year – from market-based solutions and public-private partnerships to data-driven advocacy – all with the goal of helping come up with actionable solutions to the world’s most intractable problems,” added Forbes Editor Randall Lane.
During the Summit’s evening program, two major awards were presented. Forbes Media Chairman and Editor-in-Chief Steve Forbes presented Muhammad Yunus with the Forbes 400 Lifetime Achievement Award for Social Entrepreneurship. Bono gave Warren Buffett the inaugural Forbes 400 Lifetime Achievement Award for Philanthropy. In presenting the award, Bono serenaded Buffett, with whom he has forged a bond as he expands his anti-poverty work with the ONE Campaign, singing a special version he penned of "Home on the Range". To view the video, please visit: http://www.forbes.com/sites/randalllane/2013/06/06/bonos-moving-serenade-of-warren-buffett-video/
In the day’s final panel, entitled “Factivism and The Age of Data-Driven Advocacy,” Bill Gates and Bono engaged in a rare joint appearance, during which they discussed the genesis of their partnership and friendship, and their goals as they work together. Commenting on Bono’s initial attempts to connect with Bill Gates, Gates said, “I have to admit, I did not make it a priority, (but when we met) I was kind of amazed that he actually knew what he was talking about and had a real commitment to making things happen. It was phenomenal. After that, we've been big partners in crime."
Bono, co-founder of ONE and (RED), said, “I've learned just to be an evidence-based activist. Find out what works. Find out what doesn't work. Repeat what works. Stop what doesn’t work. I enjoy the math, actually. The math is incredible." To view the panel, please visit http://www.forbes.com/sites/randalllane/2013/06/05/bill-gates-and-bono-partners-in-crime-discuss-ending-poverty-video/
“Credit Suisse was honored to support the second annual Forbes Philanthropy Summit. This partnership speaks to Credit Suisse’s larger commitment to corporate responsibility and, specifically, global poverty. Yesterday’s event explored and expanded on some of the most pressing issues in philanthropy today. We strongly believe that platforms like this drive positive change and can have a lasting impact,” said Philip Vasan, Head of Credit Suisse Private Banking for the Americas.
Forbes magazine will reveal the results of the summit in full this November as part of its special Philanthropy issue.
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About Credit Suisse AG
Credit Suisse AG is one of the world's leading financial services providers and is part of the Credit Suisse group of companies (referred to here as 'Credit Suisse'). As an integrated bank, Credit Suisse is able to offer clients its expertise in the areas of private banking, investment banking and asset management from a single source. Credit Suisse provides specialist advisory services, comprehensive solutions and innovative products to companies, institutional clients and high net worth private clients worldwide, and also to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The group employs approximately 46,900 people. The registered shares (CSGN) of Credit Suisse's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.