How much wealth should billionaires donate? All of it
5 years, 9 months ago

How much wealth should billionaires donate? All of it

Salon  

MacKenzie Bezos, the ex-wife of Jeff Bezos, recently signed the Giving Pledge, which is a commitment to donate at least half her wealth during her lifetime or upon her death. What’s more, 90% of the world’s billionaires — including Jeff Bezos, the world’s richest man — still haven’t even signed the pledge. Our societal expectation of billionaires should be that they commit to giving away nearly all their wealth and that shouldn’t require special praise. The analysts at GiveWell currently list eight underfunded non-profits that save lives through highly targeted interventions combatting, for example, malaria — at an average cost of around $4,000 per life saved. Then there’s the Global Fund to Fight AIDS, Tuberculosis, and Malaria which is currently in the midst of a $14 billion replenishment to support its life-saving work — billionaires can put their money directly into AIDS medication and malaria tests administered through government-run, citizen-owned programs around the world.

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History of this topic

UK’s richest donate smaller proportion of wealth to charity than average person
1 month, 1 week ago

UK’s richest donate smaller proportion of wealth to charity than average person

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s richest people give a smaller proportion of their …

What billionaires and their advisers say keeps them from giving more and faster
3 months, 3 weeks ago

What billionaires and their advisers say keeps them from giving more and faster

Associated Press  

Marie Dageville and her husband Benoit Dageville became billionaires overnight when his data cloud company, Snowflake, went public in September 2020. America’s wealthiest people have urged each other to give away more of their money since at least 1889, the year Andrew Carnegie published an essay entitled, “The Gospel of Wealth.” He argued that the richest should give away their …

What billionaires and their advisors say keeps them from giving more and faster
3 months, 3 weeks ago

What billionaires and their advisors say keeps them from giving more and faster

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. “It’s like a massive, perfect storm of behavioral …

Jeff Bezos's fund has now given almost $640 million to help homeless families
1 year, 4 months ago

Jeff Bezos's fund has now given almost $640 million to help homeless families

The Independent  

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The wealthy should give more to charity, say people who stopped donating, according to a new poll
1 year, 8 months ago

The wealthy should give more to charity, say people who stopped donating, according to a new poll

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Bill Gates made 2022’s biggest charitable donation
2 years, 2 months ago

Bill Gates made 2022’s biggest charitable donation

Associated Press  

The Chronicle of Philanthropy’s annual list of the 10 largest charitable gifts announced by individuals or their foundations totaled nearly $9.3 billion in 2022. Topping the list is Bill Gates, who gave $5 billion to the Bill & Melinda Gates Foundation to back the grantmaker’s work in global health, development, policy and advocacy, and U.S. education. Gates, whose net worth …

'It’s Really Hard,' Says Jeff Bezos on Donating Effectively While Ex-Wife Gives Away $2 Billion
2 years, 4 months ago

'It’s Really Hard,' Says Jeff Bezos on Donating Effectively While Ex-Wife Gives Away $2 Billion

News 18  

After years of receiving flak for not actively participating in philanthropy, Jeff Bezos, the world’s fourth-richest person, told CNN his take on big donations. The Amazon founder said that “it’s really hard” to donate big amounts effectively. Hinting at his methodical approach to giving away a small chunk of his fortune, Bezos said that the “hard part is figuring out …

Jeff Bezos says he will give away most of his fortune
2 years, 4 months ago

Jeff Bezos says he will give away most of his fortune

Associated Press  

NEW YORK — Amazon founder Jeff Bezos said he will give away the majority of his wealth during his lifetime, becoming the latest billionaire to pledge to donate much of his vast fortune. Bezos, whose “real-time” worth Forbes magazine estimates at roughly $124.1 billion, made the announcement in a joint CNN interview with his girlfriend Lauren Sanchez that was released …

Jeff Bezos wealth: Billionaire announces plans to give away $124bn fortune
2 years, 4 months ago

Jeff Bezos wealth: Billionaire announces plans to give away $124bn fortune

The Independent  

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Jeff Bezos gets philanthropy award at Vatican even as ex-wife gives away more of fortune
2 years, 5 months ago

Jeff Bezos gets philanthropy award at Vatican even as ex-wife gives away more of fortune

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Forbes magazine gave Ms Scott a 5, the …

Bill Gates vows to drop off world’s rich list by giving money away - starting with $20bn donation
2 years, 8 months ago

Bill Gates vows to drop off world’s rich list by giving money away - starting with $20bn donation

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. “I will move down and eventually …

Gates, French Gates top list of biggest U.S. charity donors
3 years, 1 month ago

Gates, French Gates top list of biggest U.S. charity donors

Associated Press  

A handful of Americans donated at least $1 billion to charity last year, according to the Chronicle of Philanthropy’s annual ranking of the 50 Americans who gave the most to charity in 2021. But some philanthropy experts argue that the large gifts that earned many billionaires a spot on this year’s list aren’t as impressive when one considers that many …

Giving Pledge adds 14 billionaires to philanthropist list
3 years, 3 months ago

Giving Pledge adds 14 billionaires to philanthropist list

Associated Press  

The Giving Pledge announced Tuesday that 14 more billionaires, including the CEOs of DoorDash and Pinterest, had promised in 2021 to donate more than half their fortunes, raising the total to 231 philanthropists from 28 countries. He said the new group will “continue to learn from each other and find new ways to maximize the positive impact of our philanthropy.” …

Why are China’s billionaires suddenly feeling so generous?
3 years, 8 months ago

Why are China’s billionaires suddenly feeling so generous?

Al Jazeera  

China’s ultra-wealthy have been on a philanthropic tear this year, but behind the surge in private gift-giving looms the hand of the Chinese government. “I think income disparity is a big concern for the elites but there will always be things that override that because ultimately income disparity itself is not the problem, really; the problem is what the income …

MacKenzie Scott, citing wealth gap, donates $2.7 billion
3 years, 9 months ago

MacKenzie Scott, citing wealth gap, donates $2.7 billion

Associated Press  

MacKenzie Scott, the billionaire philanthropist known for her unexpected multi-billion dollar donations to charities and racial equity causes, announced Tuesday that she has given $2.7 billion to 286 organizations. She and Jewett worked with a team of researchers and philanthropy advisors “to give away a fortune that was enabled by systems in need of change.” “In this effort,” she said, …

Jeff Bezos’ ex-wife MacKenzie Scott slams US wealth gap as she gives away $2.7 billion
3 years, 9 months ago

Jeff Bezos’ ex-wife MacKenzie Scott slams US wealth gap as she gives away $2.7 billion

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy MacKenzie Scott has donated …

MacKenzie Scott, Jeff Bezos’s ex-wife, donates another $2.7B
3 years, 9 months ago

MacKenzie Scott, Jeff Bezos’s ex-wife, donates another $2.7B

Al Jazeera  

Scott, who has donated $8.5bn since July 2020, is fast becoming one of the most consequential philanthropists around. MacKenzie Scott, the billionaire philanthropist and Jeff Bezos’s ex-wife, has given $2.7 billion to a variety of charities, she wrote in a blog post Tuesday, bringing her total donations since her first giving spree in July 2020 to $8.5 billion. “We are …

Column: Elon Musk is giving $150 million to charity. What a cheapskate
3 years, 11 months ago

Column: Elon Musk is giving $150 million to charity. What a cheapskate

LA Times  

Elon Musk, you may have noticed, has gotten a lot of attention recently. Vox calls it a “philanthropic spending spree.” It’s wonderful that Mr. Musk is giving away some of his wealth, but apple pie is also great and so is calling your mother on her birthday.But none of those things excuse us from our obligations to pay our fair …

Amazon's Bezos tops list of richest charitable gifts in 2020
4 years, 2 months ago

Amazon's Bezos tops list of richest charitable gifts in 2020

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The world's richest person made …

Letters to the Editor: More billionaires should be like MacKenzie Scott and give away their fortunes
4 years, 3 months ago

Letters to the Editor: More billionaires should be like MacKenzie Scott and give away their fortunes

LA Times  

MacKenzie Scott, with her then-husband Jeff Bezos in 2018, announced that her most recent round of charitable giving totaled $4.2 billion. To the editor: I find it disturbing that our society has become so cynical that even a good deed, such as the $4.2 billion in charitable gifts by MacKenzie Scott, garnered criticism from some of your readers. Regardless of …

Letters to the Editor: Billionaires shouldn’t be the ones deciding who deserves help
4 years, 3 months ago

Letters to the Editor: Billionaires shouldn’t be the ones deciding who deserves help

LA Times  

MacKenzie Scott, with her then-husband Jeff Bezos in 2018, has donated nearly $6 billion of her personal fortune to charity in 2020, including a recent $4.2-billion gift. Amazon chief Jeff Bezos added $70 billion to his fortune this year, bringing it to a total of $189 billion. If that $70 billion were distributed among Amazon’s 1.1 million employees, each would …

MacKenzie Scott gives away $4.2 billion in historic charity binge
4 years, 3 months ago

MacKenzie Scott gives away $4.2 billion in historic charity binge

LA Times  

MacKenzie Scott, shown with then-husband Jeff Bezos at the Vanity Fair Oscars party in 2018, has been giving away her fortune at a historic clip — and says she would like to do it faster. Meanwhile, it has substantially increased the wealth of billionaires.” Scott’s gifts this year approach $6 billion, which “has to be one of the biggest annual …

MacKenzie Scott donates $1.7bn of her wealth since split with Jeff Bezos
4 years, 7 months ago

MacKenzie Scott donates $1.7bn of her wealth since split with Jeff Bezos

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The former wife of …

MacKenzie Bezos: More women would donate their fortunes if they made it rich
5 years, 9 months ago

MacKenzie Bezos: More women would donate their fortunes if they made it rich

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Raising awareness of the gender-pay gap, …

MacKenzie Bezos signs the Giving Pledge, plans to donate half her wealth in charity
5 years, 9 months ago

MacKenzie Bezos signs the Giving Pledge, plans to donate half her wealth in charity

India Today  

Less than two months after her divorce settlement with the Amzon founder Jeff Bezos, MacKenzie Bezos, who is also the world's third richest woman owing to her four per cent stake in the company valuating at roughly $36 billion, has decided to donate half her wealth by signing the Giving Pledge. MacKenzie, in a letter to the Giving Pledge, announced …

MacKenzie Bezos will give half of her $36bn fortune away to charity
5 years, 9 months ago

MacKenzie Bezos will give half of her $36bn fortune away to charity

The Independent  

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MacKenzie Bezos pledges half her fortune to charity
5 years, 9 months ago

MacKenzie Bezos pledges half her fortune to charity

Associated Press  

NEW YORK — MacKenzie Bezos, who finalized her divorce from Amazon founder and CEO Jeff Bezos earlier this year, is pledging to give away half her fortune to charity. Jeff Bezos, who hasn’t signed The Giving Pledge, tweeted his support: “MacKenzie is going to be amazing and thoughtful and effective at philanthropy, and I’m proud of her. Jeff Bezos, who …

MacKenzie Bezos Pledges To Give More Than Half Of Her Billions To Charity
5 years, 9 months ago

MacKenzie Bezos Pledges To Give More Than Half Of Her Billions To Charity

NPR  

MacKenzie Bezos Pledges To Give More Than Half Of Her Billions To Charity Enlarge this image toggle caption Jörg Carstensen/picture alliance via Getty Image Jörg Carstensen/picture alliance via Getty Image MacKenzie Bezos, who received more than $35 billion in her divorce from Amazon founder Jeff Bezos, has signed the Giving Pledge, making a commitment to give more than half her …

Bill, Melinda Gates unfazed by criticism of wealthy giving
6 years, 1 month ago

Bill, Melinda Gates unfazed by criticism of wealthy giving

Associated Press  

KIRKLAND, Wash. — Bill and Melinda Gates are pushing back against a new wave of criticism about whether billionaire philanthropy is a force for good. Some critics have long challenged the couple’s nonprofit work, which relies on the tax-exempt fortune they hand to the Bill and Melinda Gates Foundation and involves directing how grant money is spent on issues ranging …

Amazon CEO Jeff Bezos gives less of his wealth to charity than Gates, Zuckerberg, or even Trump
6 years, 1 month ago

Amazon CEO Jeff Bezos gives less of his wealth to charity than Gates, Zuckerberg, or even Trump

Daily Mail  

Amazon CEO Jeff Bezos has given less of his wealth to charity than Bill Gates, Mark Zuckerberg, or even Donald Trump, according to new figures. Facebook's Mark Zuckerberg and his wife Priscilla Chan gave away four per cent and even President Trump donated three per cent of his $3 billion fortune. Amazon CEO Jeff Bezos gives less of his wealth …

Amazon CEO Jeff Bezos Asks Twitter Followers For Donation Ideas
7 years, 9 months ago

Amazon CEO Jeff Bezos Asks Twitter Followers For Donation Ideas

News 18  

Amazon.com Inc?s billionaire founder Jeff Bezos on Thursday turned to an unusual source of inspiration for how to donate part of his wealth: Twitter. Bezos, one of the world?s richest people with a net worth of more than $76 billion, said in a Twitter post. The request signalled a shift for Bezos, who has invested in longer-term bets like space …

Amazon's Jeff Bezos asks Twitter followers for ways to donate money
7 years, 9 months ago

Amazon's Jeff Bezos asks Twitter followers for ways to donate money

Firstpost  

Amazon Inc ’s billionaire founder Jeff Bezos on Thursday turned to an unusual source of inspiration for how to donate part of his wealth: Twitter. “I want much of my philanthropic activity to be helping people in the here and now short term at the intersection of urgent need and lasting impact,” Bezos, one of the world’s richest people with …

Meet the 14 billionaires joining Warren Buffett and Bill Gates in pledge to give away fortunes
7 years, 9 months ago

Meet the 14 billionaires joining Warren Buffett and Bill Gates in pledge to give away fortunes

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Anne Grete Eidsvig and Kjell Inge Røkke — Norway …

Just giving isn’t enough for the new philanthropists
9 years, 3 months ago

Just giving isn’t enough for the new philanthropists

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Australian ethical philosopher Peter Singer, …

Warren Buffet to Mark Zuckerberg: 10 biggest charitable donations
9 years, 3 months ago

Warren Buffet to Mark Zuckerberg: 10 biggest charitable donations

India TV News  

New Delhi: Facebook CEO Mark Zuckerberg on Tuesday announced that he will give away almost all his wealth to charity in celebration of her new born baby girl 'Max'. With this announcement, Zuckerberg has made it into the league of other Philanthropic billionaires like Warren Buffet and Bill Gates who have also donated a sizeable part of their assets in …

“股神”巴菲特捐出28亿美元 打破个人慈善记录
10 years, 8 months ago

“股神”巴菲特捐出28亿美元 打破个人慈善记录

China Daily  

The Berkshire Hathaway CEO’s latest gift of more than 21.7 million shares of Berkshire Hathaway class B stock — valued at $128.98 per share at Monday’s close — decreases his personal fortune from $65.9 billion down to $63.1 billion. This years gift includes 16.59 million shares worth $2.1 billion for the Gates Foundation, the philanthropy operation of the world’s second-richest …

“股神”巴菲特捐出28亿美元 打破个人慈善记录
10 years, 8 months ago

“股神”巴菲特捐出28亿美元 打破个人慈善记录

China Daily  

The Berkshire Hathaway CEO’s latest gift of more than 21.7 million shares of Berkshire Hathaway class B stock — valued at $128.98 per share at Monday’s close — decreases his personal fortune from $65.9 billion down to $63.1 billion. This years gift includes 16.59 million shares worth $2.1 billion for the Gates Foundation, the philanthropy operation of the world’s second-richest …

“股神”巴菲特捐出28亿美元 打破个人慈善记录
10 years, 8 months ago

“股神”巴菲特捐出28亿美元 打破个人慈善记录

China Daily  

The Berkshire Hathaway CEO’s latest gift of more than 21.7 million shares of Berkshire Hathaway class B stock — valued at $128.98 per share at Monday’s close — decreases his personal fortune from $65.9 billion down to $63.1 billion. This years gift includes 16.59 million shares worth $2.1 billion for the Gates Foundation, the philanthropy operation of the world’s second-richest …

10 billionaires who are giving generously to the world
11 years, 1 month ago

10 billionaires who are giving generously to the world

India TV News  

New Delhi: Mark Zuckerberg and his wife, Priscilla Chan, were the most generous American philanthropists in 2013, with a donation of 18 million shares of Facebook stock, valued at more than $970 million, to a Silicon Valley nonprofit in December. The Chronicle of Philanthropy reported Monday that Zuckerberg's donation was the largest charitable gift on the public record in 2013 …

Bill Gates, wife top Forbes' list of top US philanthropists
11 years, 4 months ago

Bill Gates, wife top Forbes' list of top US philanthropists

Firstpost  

The Gates couple gave a total of $1.9 billion in 2012, which is 2.6 per cent of their wealth, bringing their total lifetime givings to $28 billion. New York: Microsoft Chairman Bill Gates and his wife Melinda have topped Forbes’ list of America’s top 50 philanthropists who have given away the most money in 2012, with the billionaire couple donating …

“捐赠宣言”：慈善的复杂
14 years, 3 months ago

“捐赠宣言”：慈善的复杂

China Daily  

数月前，巴菲特和比尔•盖茨在北京举办的一场慈善晚宴掀起了国人对慈善的热烈讨论。人们把此次晚宴当成考验中国富豪慈善态度的“试金石”。最终，二人并未借助慈善晚会对中国富豪劝捐，但媒体称“巴比晚宴”开启了中西慈善对话之门。那么，“巴比”的慈善帝国究竟是何模样，人们又是怎样看待它的呢？ 范锦林 选编 In June 2010, Bill and Melinda Gates and Warren Buffett started the Giving Pledge: an initiative aimed at getting billionaires to pledge at least half of their net worth to charitable donations. •Warren Buffett: $46.5 billion •If Buffett donated $46.5 billion today, it could treat over 1 million people affected with AIDS in Africa per year, for …

美17位富豪加入“捐赠誓言”
14 years, 3 months ago

美17位富豪加入“捐赠誓言”

China Daily  

近日，包括Facebook两位创始人在内的17位美国亿万富豪宣布将自己半数的资产捐给巴菲特和盖茨发起的慈善活动。至此，已有57位亿万富豪加入这个名为“捐赠誓言”的慈善活动。今年6月，美国巨富比尔•盖茨和沃伦•巴菲特共同倡议发起“捐赠誓言”活动，号召富豪们在有生之年或死后将自己一半的财富捐给慈善机构，并向公众表明他们的决心。该倡议并不接受任何资金，而是让更多人做出道义上的承诺。 巴菲特早在2006年就承诺将自己财产的99％捐给比尔及梅林达•盖茨基金会，而盖茨夫妇捐给该基金会的资产已超过280亿美元。今年9月，盖茨和巴菲特来到北京同中国的亿万富翁共进晚餐，以宣传慈善关爱文化，两人还计划于明年3月份访问印度。 Gates, his wife Melinda, and Buffett have asked U.S. billionaires to give away at least half their wealth during their lifetime or after their death, and to publicly state their intention with a letter explaining their decision. Another 17 US billionaires, including Facebook co-founders Mark Zuckerberg and Dustin Moskovitz, have pledged to give away at least half their …

Dominic Lawson: The sin of the rich is to seem happy
14 years, 7 months ago

Dominic Lawson: The sin of the rich is to seem happy

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Yet a politician would see a …

US super-rich agree to give 50 per cent of their cash to charity
14 years, 7 months ago

US super-rich agree to give 50 per cent of their cash to charity

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy More than 30 US billionaires …

Billionaires to give away half their fortune
14 years, 7 months ago

Billionaires to give away half their fortune

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Among the billionaires joining the campaign are New …

Bill Gates, Warren Buffett Urge Billionaires To Give Away Half Their Fortunes
14 years, 9 months ago

Bill Gates, Warren Buffett Urge Billionaires To Give Away Half Their Fortunes

NPR  

Bill Gates, Warren Buffett Urge Billionaires To Give Away Half Their Fortunes toggle caption Alfredo Estrella/AFP Last year, billionaires Bill Gates and Warren Buffett convened three meetings with some of the world's wealthiest men and women, to try to convince them to donate at least half of their fortunes to charity, Fortune reports. According to Carol J. Loomis, senior editor-at-large …

Be more generous, firms and millionares told
19 years, 2 months ago

Be more generous, firms and millionares told

China Daily  

Be more generous, firms and millionares told By Zhang Feng Updated: 2006-01-06 06:05 Enterprises and millionaires need to open their wallets to those in difficulty, a senior official said yesterday. "Chinese Government will make new policies, such as more favourable tax standards, and better social atmosphere to encourage corporate donations," Vice-Minister of Civil Affairs Li Liguo told a press conference …

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