This article is interesting, but not entirely surprising. Successful young entrepreneurs seem to be taking a, albeit frugal, cue from their billionaire mogul predecessors (many of which have pledged to donate half of their fortunes their charity). Some, like Bill and Melinda Gates, have publicly made activism a part of their lifestyles and profession.

By the way, the LA Times’ original article, “Silicon Valley Status Symbols Emphasize Mind Over Material”, is worth a read as well.

The full contents of this article was originally published by Philanthropy News Digest on July 10, 2011.

New Generation of Silicon Valley Entrepreneurs Looks Elsewhere for Status
With a few exceptions, Silicon Valley’s young millionaires are rejecting traditional status symbols . . . Visit Philanthropy News Digest to read the full article.