One of Europe’s most-generous philanthropists has shared his top five rules that guide his giving, reports Wealth-Bulletin.

Tom Hunter, the richest man in Scotland, who made his fortune by founding a retail-clothing chain, has pledged about $2-billion to education and humanitarian causes. His philosophy of giving:

• Regard philanthropy as a business and be organized in donating money.

• Have good relationships with experienced people.

• Persuade others to support your causes.

• Keep track of charitable projects through performance measures.

• Learn from failure.

For more on Mr. Hunter, read The Chronicle’s profile on the billionaire.

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