In a development which sent shock waves through Wall Street, the annual Forbes list of the 500 richest Americans was composed primarily of presidents and CEOs of medical charity groups. While Silicon Valley computer whizzes and Wall Street hedge fund managers were still highly represented on the list, most of the top slots this year went to employees of the Susan G. Komen Foundation and the ALS Association, who’s “Ice Bucket Challenge” raised nearly $100 million.
“The directors of some of these charities earn hundreds of thousands of dollar per year,” said a representative from Forbes magazine. “I hope that the average American will keep this in mind when allocating their charitable donations this year.”
Many alternative medicine organizations have been critical of such charities and suggest that Americans visit their online supplement stores instead.
