Published in Yahoo Finance | August 16, 2016
The benefits of the Rio Olympics aren't being shared across Brazil: Ford Foundation president
By Darren Walker
Darren Walker, president of the Ford Foundation, loves the athletic competition of the Olympics as much as anyone. But as someone keenly aware of economic disparity, he also sees a somewhat less appealing side of the Olympics.
With some $12.6 billion in assets—making it the nation’s second largest foundation after the Bill & Melinda Gates Foundation—the Ford Foundation under Walker has been shifting its focus to addressing and alleviating income inequality around the world. And as the world’s attention has turned to the Olympics in Brazil, Walker spoke to me about the Games.