Here is an article from the Global Fund. It refers to High Net-Worth Individuals. This is a euphemism for rich or multimillionaire or billionaire. The rich are not 'worth' any more than the poor.
One family in Vietnam gave $5 million to the Global Fund - the same amount recently 'donated' for antiretrovirals in Myanmar by the Ministry of Health.
Jamie
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High Net-Worth Individuals
As an innovative partnership, the Global Fund constantly seeks to broaden the base of stakeholders to defeat AIDS, TB and malaria. The private sector and high net-worth individuals are key partners in galvanizing resources. Together with foundations like the Bill & Melinda Gates Foundation, the private sector and high-net worth individuals are taking a prominent role in the effort to end the three diseases as epidemics.
The Global Fund and the Gates Foundation are mobilizing individuals, with initiatives in Viet Nam and India, where philanthropy is gaining pace. In Vietnam, one family has already made a commitment of $5 million to the Global Fund.
“It is great to see a growing number of individuals in low and middle income countries investing to turn the tide against these diseases,” said Christoph Benn, Director of External Relations at the Global Fund. “I recently met with some of the wealthiest families in Hanoi and Ho Chi Minh City in Viet Nam, and they are interested in participating in an initiative that mirrors the recently established Indonesia Health Fund.”
In October last year, Dr. Tahir, Chairman of the Tahir Foundation in Indonesia, announced an investment of US$65 million to the Global Fund, matched by the Gates Foundation for a total investment of US$130 million. The contribution was followed by the introduction of an innovative financing initiative, led by Dr. Tahir, creating the Indonesia Health Fund. The fund was established with an initial investment of US$40 million from eight Indonesian business leaders. Dr. Tahir is recruiting additional business leaders to participate.
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