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Evening Standard
Evening Standard
Katrine Bussey

Home-grown billionaire’s backing of Children In Need is his latest generous act

Sir Tom Hunter became Scotland’s first home-grown billionaire (Maja Smiejkowska/PA) - (PA Archive)

As Scotland’s first home-grown billionaire, Sir Tom Hunter has a long history of charitable giving.

The man who made his fortune after starting out selling trainers from the back of a van is said to have coined the phrase “venture philanthropy” – used to describe how his investment could help to lever in further cash to help good causes.

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