A Philanthropreneur is an entrepreneurial philanthropist. The term is claimed to be coined by Internet entrepreneur Mark Desvaux in 2004, however The Wall Street Journal used the term in a 1999 article and a publication entitled The Philanthropreneur Newsletter existed as far back as 1997.
Philanthropreneurs are people who bring an entrepreneurial approach to philanthropy: they are interested in effecting positive changes in the world and alleviating suffering, but are doing so for profit. Their contributions are investments rather than donations.
As outlined in a New York Times article ("What's Wrong With Profit?", 13 November 2006) by Stephanie Strom, as part of a supplement on Giving, stated that philanthropreneurs are "driven to do good and have their profit, too".
Examples of philanthropreneurs
- Jeffrey Skoll (eBay)
- Pierre Omidyar (eBay)
- Steve Case (AOL)
- Richard Branson (Virgin Group)
- Bill Gates (Microsoft)