Yet the unfavorable multiple rights deals signed by the likes of The Monkees served as the foundation for the massive pacts landed by big names of the 2000s.
He still insists that the foundation's massive spending on malaria research is a classic case of a near-monopoly leading to market failure: in this case, a market in medical prowess.
The business acumen of investors and executives are valuable skills in the world of philanthropy the Home Depot co-founder said, noting that he first felt wealthy after writing a massive check to a charity foundation.