In business, there is an unspoken rule to be selfish. This comes from the fact that the industry is too competitive to be sharing anything to anyone. At most, there are business partners and that’s it. Anything more than that is formed under teams of a company. Nonetheless, the reason this is important to understand is that it makes entrepreneur such as Kevin Plank more compelling. As a successful businessman who has earned his way up to billionaire status, he will be the first to say that he is more proud of his work in philanthropy. In fact, when we consider he has earned his successes through leading the well-known sporting wear company Under Armor, it says a lot about his character that he considers that as one of his lesser accomplishments. Having said that, let’s take a closer look at his work in philanthropy and why he thinks it’s important to give back.
The Importance Of Giving Back
In an article on Kevin and one of his many acts of philanthropy, more than anything, we come to the understanding that he doesn’t care about money. Instead, he cares about how it can help create a bright future in which people can make their own. A great example of this can be seen with a recent $25 million dollar pledge to the University of Maryland. This contribution of his is going towards a $155 million plan to expand some facilities that students use at the university. As we can see, his contributions are a large portion of the overall plan. Moreover, it is his desire to see other people succeed like he can that makes him a willing and giving philanthropist. Without a doubt, we can expect more similar acts of philanthropy from him well into the future.