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THE Aga Khan, the billionaire racehorse owner, and Sir Tom Farmer, the Kwik-Fit founder, were yesterday presented with a prestigious award for philanthropy.
They joined four others who were handed the Andrew Carnegie Medal of Philanthropy during a ceremony at the Scottish Parliament in Edinburgh. Also honoured in the awards were Agnes Gund, chairwoman of the New York Museum of Modern Art, the Cadbury chocolate family and the Hewlett and Packard families.
The ceremony was the first time the event, inaugurated in 2001 and held every two years, had taken place outside the US. The awards, which recognise individuals who have donated their private wealth for the public good, were named after philanthropist Andrew Carnegie, whose family emigrated to the US from a life of poverty in Scotland in 1848. After becoming the world's richest man by 1901, he eventually gave away the equivalent of nearly