ACHIEVEMENTS
Global Association of Billionaires and Millionaires
(GABM) is the philanthropic division of the G500 Private Investment Group.
GABM is an exclusive international corporate
society with more than 300 000 affluent and influential corporate decision
makers associated to it. Our associate members are also widely respected for
their uncompromising commitment to philanthropy, and specifically for their
significant corporate resources, time and expertise contributions towards
GABM’s quest to improve the global physical and socio-economic environment, as
responsible corporate citizens.
GABM and its associate members have already made a
significant difference towards the eradication of global poverty through
its philanthropic and various other development programs, which are clearly
reflected in the statistics below:
Tertiary Education Sponsorships
GABM associate members have to date provided
tertiary education sponsorships to more than 12 000 deserving underprivileged
individuals at approved international universities.
Entrepreneurial Development Financing
GABM associate members have established and funded
the $125-million US Dollar ‘African Entrepreneurial Development Fund’, which
has the specific purpose of providing small unsecured business loans of between
$1000 - $10 000 to the African poor on the emulated micro financing concept
that had been developed and popularized by Professor Muhammad Yunus.
To date GABM has provided approximately $90-million
US Dollar in funding to more than 100 000 entrepreneurs in 38 African
countries.
Corporate Investments and Partnerships
GABM’s unique and sustainable business model allows
the organization to seldom request capital grants from its associate members in
order to fund its philanthropic corporate activities. Its business model
entails that GABM establish capital funds on regular intervals in which its
associate members can invest capital.
At present GABM have ten $1-billion US Dollar
capital funds from which 50 percent of all profits derived from these capital
funds are directed to the funding of business development projects from all
over the world. This program is designed to significantly enhance business
development, and develop entrepreneurship, and the alleviation of poverty.
To date more than $8-billion US Dollar has been
invested in thousands of large business development projects. More than 150 000
permanent and temporarily job opportunities have been created in the process.
Equity Grants
To date GABM has made equity grants to the
following deserving natural and humanitarian disasters:
- GABM's $10-million US Dollar donation to the Asian Tsunami Disaster Fund.
- GABM's $10-million US Dollar donation towards the Hurricane Katrina Relief Efforts.
- GABM's $20-million US Dollar donation towards the Haiti Earthquake Relief Fund.
- GABM's $15-million US Dollar donation towards the Japan Earthquake Relief Efforts.
- GABM's $20-million US Dollar donation towards the Japan Earthquake Relief Efforts.
- GABM's $2-million US Dollar donation towards the Somalian Famine Crisis.
- GABM's $10-million US Dollar donation towards the Syrian Humanitarian Crisis.
- GABM’S $10-million US Dollar donation towards Hurricane Harvey Relief Efforts.
- GABM’s $15-million US Dollar donation towards Hurricane Irma Relief Efforts.
- GABM’S $120-million US Dollar donation towards the GABM SA Drought Relief Project.
Corporate Conferences
GABM hosts 12 corporate conferences each calendar year for international
business leaders to promote entrepreneurial development globally as well as to
encourage corporations to comply with the highest international standards of
corporate practices and governance.
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