Consultants play a crucial role in the philanthropic efforts of billionaires. They provide guidance and recommendations on where to donate their billions. For instance, when billionaire McKenzie Scott wanted to give away $8 billion in 11 months, she worked with a consultant firm called Bridgespan Group. This firm, formed by three former Bain & Co. consultants, advises the Bill and Melinda Gates, Ford, and Rockefeller Foundation on where to donate their billions. In the case of McKenzie Scott, who had some $60 billion in Amazon stock and no organization to spend it, the consultants provided solid recommendations on where to give and fast.
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