Here Are The 25 Most Philanthropic Billionaires
- 3 months ago
Warren Buffett tops our list as the biggest giver for the fourth year in a row, with $56.7 billion in lifetime giving. The 93-year-old CEO of conglomerate Berkshire Hathaway–who also gave away the most in 2023–is on a mission to make sure that he doesn’t leave his heirs a fortune. “My children, along with their father, have a common belief that dynastic wealth, though both legal and common in much of the world including the United States, is not desirable,” Buffett wrote in a statement he issued in November to accompany a gift of Berkshire shares to four family charitable foundations. Still, he’s only donated 30% of his fortune, in part because the value of his Berkshire Hathaway stock keeps rising.
MacKenzie Scott continues to give away billions of dollars a year faster than just about anyone else in the ranking, to a wide variety of nonprofits in the U.S. and countries like Brazil and India. In December, the novelist and former wife of Jeff Bezos published a list of the 360 nonprofits to which she’d donated a combined $2.15 billion during 2023. That brings her lifetime giving–in less than five years–to nearly $16.6 billion to 1,954 groups–more than all but four others on this list, all of whom have been at this for at least three times as many years. Scott, who received a 4% stake in Amazon as part of the divorce settlement with Bezos in 2019, now owns just under 2% of the company, per a recent regulatory filing.
Read the full story on Forbes: https://www.forbes.com/sites/forbeswealthteam/2024/02/15/americas-top-givers-2024-the-25-most-philanthropic-billionaires/?sh=712ad6616714
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MacKenzie Scott continues to give away billions of dollars a year faster than just about anyone else in the ranking, to a wide variety of nonprofits in the U.S. and countries like Brazil and India. In December, the novelist and former wife of Jeff Bezos published a list of the 360 nonprofits to which she’d donated a combined $2.15 billion during 2023. That brings her lifetime giving–in less than five years–to nearly $16.6 billion to 1,954 groups–more than all but four others on this list, all of whom have been at this for at least three times as many years. Scott, who received a 4% stake in Amazon as part of the divorce settlement with Bezos in 2019, now owns just under 2% of the company, per a recent regulatory filing.
Read the full story on Forbes: https://www.forbes.com/sites/forbeswealthteam/2024/02/15/americas-top-givers-2024-the-25-most-philanthropic-billionaires/?sh=712ad6616714
Forbes Daily Briefing shares the best of Forbes reporting on wealth, business, entrepreneurship, leadership and more. Tune in every day, seven days a week, to hear a new story. Subscribe here: https://art19.com/shows/forbes-daily-briefing
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
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