MacKenzie Scott, a philanthropist and the ex-wife of Amazon CEO Jeff Bezos, recently gave away $2.74 billion to 286 different organizations.
Bill and Melinda Gates said their work on the Gates Foundation would continue after their divorce. Here are their biggest philanthropic projects.
Famed Silicon Valley investor Ron Conway, Zillow cofounder Rich Barton, and early Facebook employee Jeff Rothschild are among this year’s new signatories of the Giving Pledge, thereby agreeing to give the majority of their net worths to charity. This year’s 13 additions to the Giving Pledge have a combined net […]
Billionaire philanthropist Robert Smith is being investigated by federal officials for potentially not paying taxes on about $US200 million of assets, according to Bloomberg. The Vista Equity Partners CEO hasn’t been charged and prosecutors may determine that he doesn’t owe any taxes, Bloomberg said. Smith’s philanthropy includes paying off $US34 […]
Over 75% of the original signatories to Bill Gates and Warren Buffett’s Giving Pledge – a promise to give away the majority of their wealth – are richer now than they were when they signed in 2010, a new report by the progressive think tank Institute for Policy Studies (IPS) […]
Rep. Alexandria Ocasio-Cortez called out Bill Gates’ plans to drum up more coronavirus donations from billionaires, suggesting they pay their taxes instead. “If only there were some public fund billionaires could pay into along with everyone else that helps fund our infrastructure, hospitals, and public systems all at once,” the […]
Jeff Bezos pledged $US10 billion to fight climate change via a new initiative called the Bezos Earth Fund, he announced on Monday. Bezos said the money would be used to support the work of scientists, activists, and nongovernmental organisations, among others, “to help preserve and protect the natural world.” But […]
Telecommunications billionaire Leonard Tow isn’t satisfied with how his fellow billionaires have responded to the Giving Pledge‘s challenge to give away the majority of their fortunes. Founded by Bill Gates and Warren Buffett in 2010, the pledge has 204 signatories including Marc Benioff, MacKenzie Bezos, and Mark Zuckerberg – and […]
AmazonCEO Jeff Bezos is acting as a hands-off philanthropist with his Day 1 Families Fund. Through the fund, Bezos gave nearly $US100 million to 24 nonprofits working to combat family homelessness in the US. Now, he’s leaving millions of dollars at the discretion of each charity, Recode reported. Typically, funders […]
Amazon founder and CEO Jeff Bezos is the richest person in the world, with an estimated net worth of more than $117 billion. He’s been criticized for not donating more of that wealth. The Amazon CEO is the only American among the world’s five richest people who has not signed […]
MacKenzie Bezos has signed the Giving Pledge, a commitment to donate more than half of her almost $US37 billion in assets to charity. Bezos became one of the richest women in the world in April after finalising the terms of her divorce from AmazonCEO Jeff Bezos. Jeff Bezos is the […]
The parent of SurveyMonkey on Wednesday filed for an initial public offering. Sheryl Sandberg, Facebook’s chief operating officer who serves as a SurveyMonkey director, announced in the regulatory document that she plans to donate her shares in the online polling company to her charitable foundation. She owns about 10% of […]
Bill and Melinda Gates have been named the most generous philanthropists in the US. The philanthropists have donated more than $US36 billion to charitable causes, including $US4.8 billion last year. Through the Bill and Melinda Gates Foundation, the couple has focused on global health, education, and poverty. Bill and Melinda […]
Bill Gates has held the title of richest person in the world many times since 1995, recently falling to second place behind Amazon CEO Jeff Bezos. Over the past two decades, Gates and his wife, Melinda, have spent much of their money on charity, encouraging other billionaires to follow in […]
Jeff Bezos was named the richest man in modern history this July, with Bloomberg reporting that his fortune hit $US150 billion. Until this week, however, Bezos hadn’t engaged in much philanthropy, and he is the only American among the world’s five richest people to not join the Giving Pledge. On […]
At least 175 people committed to donating a majority of their fortunes through the Giving Pledge, which could be worth as much as $US600 billion by 2022, according to a Wealth-X report. The pledge has drawn some criticism because it allows donors to name their own charities in their wills. […]
Fourteen billionaires and billionaire...
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