Article 2Y2SF Zara Billionaire's "Cheap" Philanthropy: $360 Million for Cancer Treatment

Zara Billionaire's "Cheap" Philanthropy: $360 Million for Cancer Treatment

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Amancio Ortega, founder of Inditex (think: Spanish fashion retailer, Zara), recently came under fire when his foundation made a $360 million donation to the public health care system in Spain, with the aim of acquiring new equipment for diagnosis and treatment of cancer in public hospitals. Why would anyone be angered by an act of charity?

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