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Fish Story
In an article about philanthropists who fund sustainability causes, the Wall Street Journal (May 16, 2011) reported that last year Ernesto Bertarelli (MBA ’93) donated some $6.4 million to help support the 545,000-square-kilometer Chagos Island Marine Reserve in the Indian Ocean. It was an uncommon gift to Mother Nature: less than 7 percent of total giving from the largest US foundations goes to environmental causes, with UK foundations giving only 3 percent. And while 15 percent of the world’s land is set aside for conservation, only 1 percent of the sea is (just doubled from 0.5 percent, thanks to Bertarelli’s gift).
An America’s Cup–winning sailor and scuba diver, Bertarelli estimates that the Chagos sanctuary’s protected fish population will grow by 150 percent in just two or three years. “Human beings like being rewarded for their work and seeing the impact they have made,” he commented. “When you see the benefits, it touches your emotional fiber. Then you want to give more.”
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