When all his investments paid off some years ago James was seriously rich; he owned a multi-million dollar apartment, a Tuscan villa and even his very own island in New Zealand.
When his investments crashed James was left with just one parcel of shares, still worth millions. But as a philanthropist he’d promised to give those shares away, and he did.
James has now set up a centre at Stanford University for research into compassion, working with scientists to examine the neural bases for altruism and compassion.
He is chairman of the Dalai Lama Foundation.
To listen to the interview, click here.