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FAQs
ASSOCIATE MEMBERSHIP FAQs
1. How many associate members does GABM have?
2. Can I be provided with a list or put in to contact with any of the GABM’s associate members?
3. Why should I become a GABM associate member?
4. What are the benefits of GABM associate membership?
5. What will I receive in return for my annual GABM associate membership fee?
6. We have our own CSR Policy program. Is that not enough?
7. What difference can I make by becoming a GABM associate member?
8. Who can apply for GABM associate membership?
9. What are the qualifying criteria to be granted GABM associate membership?
10. What are the categories of associate membership?
11. What is the cost of GABM associate membership?
12. Is there risk involved in associate membership of GABM?
13. Do associate membership fees represent an investment or shareholding in GABM?
14. May GABM associate membership be ceded, assigned, bequeathed, made over, disposed, transferred, traded or sold?
15. What are the responsibilities of GABM associate members?
16. What is the procedure to apply for GABM associate membership?
1. How many associate members does GABM have?
- GABM has 326 185 registered associate members in its designated African, Asian, Australian, European, North American and South American continents
- 71% of GABM associate members are corporations
- 29% of GABM associate members are professional individuals
- 3% of GABM’s associate members are billionaires having platinum status
- 96% of GABM’s associate members are millionaires having gold status
- 1% of GABM’s associate members are honorary associate members with silver status
- 85% of GABM’s individual associate members have a Degree/Diploma
- 36% of GABM’s individual associate members have a post graduate degree
- 90% of GABM’s individual associate members have Senior Executive/Manager positions
- 42% of GABM’s associate members are from the North American Continent
- 29% of GABM’s associate members are from the European Continent
- 26% of GABM’s associate members are from the Asian Continent
- 1% of GABM’s associate members are from the African Continent
- 1% of GABM’s associate members are from the from the Australian Continent
- 1% of GABM’s associate members are from the from the South American Continent
- 68% of GABM’s individual associate members are male and 32% female
- The age groups of GABM’s individual associate members are: 19% for those, between 28 – 35 years old
53% for those, between 36 – 50 years old
28% for those, between 51 – 65 years old
The above information and statistics was last updated in August 2011.
2. Can I be provided with a list or put in to contact with any of the GABM’s associate members?
Requests for information pertaining to the details of associate members are handled with care as GABM is bound by its Constitution to protect the confidentiality of transactions and information pertaining to the affairs of its associate members. Where GABM is granted permission to release such information, it will do so upon submission of a suitably motivated request in writing.
3. Why should I become a GABM associate member?
GABM desperately need all global billionaires and millionaires, corporates and individuals, to become GABM associate members and unite in our global movement to create a better global economy for all humanity. It is not only THE RIGHT THING TO DO, but it is the moral and social responsibility of all successful executives to aid the less fortunate in need. If we refuse, we in reality choose to in one way or another be affected by the symptoms of poverty:
- Poverty in one region affects the financial security of other regions
- Poverty leads to increased levels of crime
- Poverty leads to civil unrest
(A good example of this is the situations in North Africa and Middle East where people engage in violent protests to secure regime changes or fleeing to neighboring countries creating humanitarian challenges.) - Poverty leads to political instability
- Poverty leads to the spread of diseases all over the world
- Poverty leads to the destruction of the environment and natural resources
Moreover, the GABM model and our corporate activities provide associate members with the most efficient, well organized, and cost effective way to eradicate global poverty as good and responsible corporate citizens.
4. What are the benefits of GABM associate membership?
Your GABM associate membership will provide you with:
- Access to GABM’s infrastructure through which its associate members can collectively participate in various time-saving and cost-effective development as well as philanthropic programs as a strong, constructive, and substantial force as oppose to individual efforts
- Professional as well as corporate exposure that most certainly accelerates intellectual, financial and business growth if associate members participate in GABM’s corporate activities
- The prestige to be formally associated with an unparalleled international organization respected for its stature and exclusivity as well as the association with the world’s elite and most successful, influential and powerful entrepreneurs and business executives as strategic alliances
- The privilege to use GABM’s corporate logo on individual or corporate documentation and correspondence to reflect associate membership, outstanding corporate achievements, leadership successes, as well as financial and social status
(GABM associate members can request the GABM logo in ‘JPEG’ or ‘GIF’ format.) - The privilege to create a website hyperlink from personal as well as corporate websites to that of GABM to reflect your philanthropic status and professional association with GABM
- To benefit from the insightful opinions and information presented at GABM’s various international forums, seminars and conferences on global matters of importance
- International advertising opportunities
(By making use of GABM’s on-line advertising facility, your company logo will be advertised on our website for 12 months. In addition, by submitting your business marketing material on a monthly basis, GABM will disseminate your promotional material to an exclusive advertising audience of about 500 000 professional consultants, business leaders, corporations and academics associated to GABM.) - International networking opportunities (By making use of GABM’s Corporate Resources Advertising facility, you or your firm may advertise valuable business opportunities to GABM’s exclusive advertising audience of about 500 000 professional consultants, business leaders, corporations and academics associated to GABM.)
- Strategic alliance, corporate investment and partnership opportunities (GABM associate members may apply for access to venture capital funding for project and business development opportunities available through one of the six $1-billion US Dollar capital funds currently in GABM’s portfolio.)
As the saying goes: “It is not what you have, but rather the powerful and influential ones you know!”
5. What will I receive in return for my annual GABM associate membership fee?
Apart from the abovementioned GABM associate membership benefits, or unless you are an investor in one of GABM’s private equity or capital funds, there is no direct financial gain in GABM Membership. (GABM establishes capital funds on regular intervals in which its associate members can invest capital. The Board of Executives will duly notify associate members when a fund has been established.)
GABM associate members are all billionaires and millionaires in their own right and do not need to take up GABM Membership to increase their business activities or profits.
However, as philanthropists and good corporate citizens, the significant benefit and the direct value proposition of promoting, supporting, contributing and participating in GABM’s philanthropic programs is:
1. You can become directly involved with the individual you are developing or sponsoring, and thereby experiencing the physical growth of the said individual or family as oppose to merely giving a donation to a charity of sorts and do not know how your capital has been utilized.
2. You have the satisfaction of knowing that you have potentially created another responsible citizen in the world, able to secure the financial, education, health and home security for yet another family.
3. GABM Membership provides you with the opportunity to make a significant difference in eradicating global poverty through a well structured infrastructure and in a strong philanthropic movement collective, specifically to help the:
- More than 1 billion children that live in poverty (1 in 2 children in the world)
- The millions who do not have sustainable jobs to support their families
- More than 640 million people that live without adequate shelter
- More than 400 million people who have no access to safe water
- More than 270 million people who have no access to health services
- More than 64 million people that had been pushed into extreme poverty as a result of the 2010 global economic crises
- More than a billion people who entered the 21st century unable to read a book or sign their names
(Can you imagine that less than one percent of what the world spent every year on weapons was needed to put every child into school by the year 2000 and yet it did not happen?)
6. We have our own CSR Policy program. Is that not enough?
We commend you for engaging in individual social development projects.
However, we firmly believe that the compulsory or statutory engagement by corporations in local Corporate Social Responsibility (CSR) programs or donations made by individuals to local charities does not suffice in terms of good corporate citizenship, or ultimately a way to escape our collective responsibilities towards the creation of a safe and better global economy for all humanity.
We strongly encourage all billionaires and millionaires to become GABM associate members and join our global movement as the achievements of a strong collective by far exceed the results of individual efforts. In addition, GABM’s philanthropic programs are specifically designed to address the actual causes of poverty as appose to the symptoms thereof.
As the saying goes: “Rather teach someone to fish as appose to feed him fish, as this will in actual fact feed him for life.”
By being a GABM associate member, the financial and professional contributions are also far less than the usual oversized checks individuals and corporations normally donate to charities having poor performance records.
7. What difference can I make by becoming a GABM associate member?
The secret of GABM’s current and future success no doubt lies in the number of its associate members as well as the associate members’ participation in GABM’s corporate activities and philanthropic programs. The more associate members we have, the bigger the impact we make as a strong collective in reducing global poverty and creating solutions for the causes thereof.
To this end, GABM has set itself with the uncompromising commitment of identifying, inviting and allocating associate membership to at least one million billionaires and millionaires that are represented in every country of the world. This will provide GABM with a strong representative voice and participation rights in various global economic issues, as well as in matters of significance importance to its associate members on a national, state or provincial level.
By becoming a GABM associate member, you will obviously significantly contribute to our overall success, while you in fact contribute less of the resources you would have done in your personal capacity through local charities or individual programs.
We are mobilizing the world’s billionaires and millionaires in a global movement to assist us in our onerous, yet important quest in creating a better global economy for all humanity.
8. Who can apply for GABM associate membership?
GABM’s vision is to become the largest and most exclusive professional society of billionaires and millionaires in the world, and as responsible corporate citizens to significantly contribute collective corporate resources to the improvement of the physical and socio-economic environment of the global economy.
As a result, GABM has recently commenced with its vigorous ‘International Membership Expansion Program’, inviting all billionaires and millionaires, individuals or corporates, who can add value to GABM’s collective and who wishes to contribute and participate in its activities, to apply for exclusive associate membership.
Considering GABM’s achievements to date, one can only imagine the infinite possibilities when the majority of the world’s billionaires and millionaires come on board and join our global movement in eradicating global poverty through participating in our various philanthropic programs.
9. What are the qualifying criteria to be granted GABM associate membership?
To qualify as an associate member of GABM, an individual or corporate organization must:
- Be a professional person, defined as:
- A business executive or entrepreneur whose net asset value exceeds one billion (reflecting in the currency of the country where the associate billionaire member applicant have citizenship)
- A company, trust or partnership whose net asset value exceeds one billion (reflecting in the currency of the country where the associate billionaire member applicant is incorporated)
- A business executive or entrepreneur whose net asset value exceeds one million (reflecting in the currency of the country where the associate millionaire member applicant have citizenship)
- A company, trust or partnership whose net asset value exceeds one million (reflecting in the currency of the country where the associate millionaire member applicant is incorporated)
- Be a person that has been granted membership by the Board of Executives of GABM under special circumstances
- Be invited to become an associate memberIdentifies himself with, and supports, the vision, mission, values, objectives and goals of GABM
- Have and exhibit integrity, loyalty, respect and stature in his profession and community
- Have and exhibit strong moral and ethical standards
- Continuously promote the interests of GABM and its associate members in every respect – on personal, social and professional levels
- Respect the exclusivity of GABM through his professional conduct and through his contributions and participation in GABM’s corporate activities
- Associate membership of GABM is subject to the unconditional acceptance of, and compliance with, the Constitution of GABM and the GABM Membership Charter
10. What are the categories of associate membership?
GABM makes provision for three categories of associate membership.
Platinum Associate Membership Status
Platinum Associate Membership Status can only be allocated to a business executive or entrepreneur, a company, trust or partnership whose net asset value exceeds one billion in the currency unit of the applicant’s country of residence or incorporation or any such amount as management of GABM may from time to time determine.
Gold Associate Membership Status
Gold Associate Membership Status can only be allocated to a business executive or entrepreneur, a company, trust or partnership whose net asset value exceeds one million in the currency unit of the applicant’s country of residence or incorporation or any such amount as management of GABM may from time to time determine.
Silver Associate Membership Status
There are no fees applicable to Silver Associate Membership, as this category of associate membership is only allocated to honorary associate members and GABM Goodwill Ambassadors on the sole discretion of GABM’s Board of Executives.
11. What is the cost of GABM associate membership?
Platinum Associate Membership Status
Platinum Associate Membership can be obtained for an annual amount of $20 000 US Dollar, or any such amount as management of GABM may from time to time determine. Associate membership fees are not refundable under any condition or for whatsoever reason.
Gold Associate Membership Status
Gold Associate Membership can be obtained for an annual amount of $10 000 US Dollar, or any such amount as management of GABM may from time to time determine. Associate membership fees are not refundable under any condition or for whatsoever reason.
12. Is there risk involved in associate membership of GABM?
GABM associate membership does not have any financial risk whatsoever as GABM does not manage any capital on behalf of its associate members.
The function of GABM is merely to develop philanthropic programs and to facilitate members’ participation. All allocation of capital in these programs is done by GABM associate members directly.
The lack of associate members’ participation in the activities of GABM as a non-profit philanthropic organization however carries the risk that GABM will not be able to make the significant inroads into the eradicating global poverty as envisaged.
13. Do associate membership fees represent an investment or shareholding in GABM?
No. Membership fees do not represent an investment or shareholding in GABM. Annual membership fees are utilized to fund the corporate operations of the GABM organization as well as Equity Grants to natural disasters and other approved philanthropic programs, in accordance with the terms and conditions of the GABM Constitution.
14. May GABM associate membership be ceded, assigned, bequeathed, made over, disposed, transferred, traded or sold?
No associate member shall be entitled to cede, assign, bequeath, make over, dispose or otherwise transfer any or all his/her rights, interest or obligations in terms of his/her membership or the Constitution.
15. What are the responsibilities of GABM associate members?
- All contributions and/or participation in GABM’s various philanthropic development programs by associate members are completely voluntary. It is however required that an associate member must contribute and/or participate in at least one of GABM’s philanthropic development programs per annum.
- Associate members are obliged to make available, free of any compensation whatsoever or alternatively on the discretion of Management, their respective knowledge, experience, business associations, resources and assistance, of any kind, to the benefit of GABM and/or its philanthropic development programs.
- An associate member accepts unconditionally to take responsibility, collectively and individually, for the sustainability, growth and success of GABM, with specific reference to its corporate culture, objectives, goals and/or membership expansion, of whatsoever nature.
- Associate member contributions and participation in GABM’s philanthropic development programs is subject to and restricted by the laws, regulations and rules governing either the respective country or province where citizenship or residency is held or where members may choose to contribute or participate in any of such philanthropic development programs.
16. What is the procedure to apply for GABM associate membership?
For an applicant to become an associate member, he should:
- Familiarize himself with GABM’s information contained on its website
- Familiarize himself with GABM’s Constitution that is available on the ‘Downloads’ section of its website
- Complete the Membership Application Form that is available on the ‘Downloads’ section of its website
- Scan and e-mail the Membership Application Form to: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
- Await assessment and acceptance
- Pay the first annual membership fee in the currency unit of the applicant’s country of residence or incorporation into the account provided by GABM
- Provide GABM with a proof of payment document at: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
- Upon receipt of the membership fee, the associate member’s details will be entered in the Member Register
- The associate member will be provided with a Welcome Letter and a GABM Associate Membership Certificate
Download: To download the GABM FAQs document, visit the 'Downloads' section of the website or click here...
Download: To download a Profile of GABM, visit the 'Downloads' section of the website or click here...
Download: To download the GABM Associate Membership Profile, visit the 'Downloads' section of the website or click here...
Download: To download the GABM Membership Application Form, visit the 'Downloads' section of the website or click here...
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