Transcripts for CNN CNN Newsroom With Poppy Harlow 20150627

CNN CNN Newsroom With Poppy Harlow June 27, 2015 19:40:00

from nothing and maybe they succeed very quickly, it takes them a while to figure out that they even have any power in the world at all. >> he tells me why he launched the parker foundation backing it with a $600 million donation and why he doesn't want it to play by the rules. >> there are just too many of these massive institutionalized charities. we need more philanthropists to deploy more quickly within their lifetimes. gates and buffett have signed up to this idea themselves. >> the way he puts it the geeks were not supposed to inherit the earth, but in many respects they have and the huge wealth transfer into the hansds of young silicon valley hackers hurricane katrinas a new model of giving is needed. >> their often thought of as geeks. they come into their own and start to realize that they have a responsibility.

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