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Home arrow Articles by Topic arrow Todd Property Group arrow Rich 'morally responsible for helping others'
Rich 'morally responsible for helping others' PDF Print
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Articles - Todd Property Group
Written by James Weir, The Dominion Post   
Thursday, 28 July 2011

...basic philosophy was to protect the environment.

Making money is not a sin, but if you are successful you have a moral responsibility to help others, says Todd Corporation chairman John Todd.

Tonight, Todd will be inducted into the Fairfax Media New Zealand "Business Hall of Fame".

The 200-odd members of the Todd family give away millions each year through their family foundation to groups working with children, families, science and the environment.

"We've had success in making money and some people think that's a sin," Todd said.

"Making money is not sinful, as long as you are not riding roughshod over anybody else. If you make money, there is a degree of moral responsibility to society to do what you can to help society in a reasonable way."

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