One of the great myths of the modern age is that of the beneficent billionaire. The tale is simple and told in just two acts. In the first act these men and women rise from humble beginnings to amass inordinate amounts of wealth, power, and influence over society. Their second act begins when they are reborn as philanthropists whose only purpose in life is to save the planet.
This is the story of many of the world’s wealthiest individuals. Variations of it apply to the likes of Mark Zuckerberg, Bill Gates, Oprah Winfrey, Richard Branson, and Pierre Omidyar.
Joining their ranks is entrepreneur and former CEO of e-commerce at Walmart, Marc Lore. His first act is just like those of the other beneficent billionaires. Lore was just a normal kid from Staten Island who would go on to found and then sell several successful companies which already amassed him an enormous fortune before joining Walmart.