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RE: LeoThread 2025-03-08 11:18

in LeoFinance7 months ago

The foundations do not rely on public donations; instead, they are self-sustaining through their investment income. For instance:
Investor AB dividends fund KAW, MMW, and MAW, with KAW alone receiving significant payouts due to its large voting stake.
FAM AB, wholly owned by the foundations, manages a portfolio worth SEK 46 billion ($4.5 billion USD) as of 2017, with profits also directed to charitable causes.