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Is it true that rich people don't give money to those who beg for it?

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Many people in my place are complaining that rich people around the locality don't give them money. And it has come to my notice that it is hard for rich people to give good money to people that troop to beg them.

They would rather overpay for a service than give money to beggars. I'd that a reality?
 
Not all rich people are stingy, there are also rich people who share their wealth, usually in the form of food for beggars on the side of the road. Rich people rarely meet beggars on the side of the road, they use private cars with drivers and go straight to the office or mall.
 
I know a very rich gujju stock trader cheated me for 12 years, refusing to purchase domains despite faking ownership. Others were also cheated, and when they complained, the regulatory body took action against her.
 
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