As Thanksgiving approaches, Warren Buffett, billionaire investor, is continuing his pattern of philanthropy by donating $870 million to four family-run foundations. This tradition of giving back reflects Buffett’s commitment to sharing his substantial wealth, estimated at around $120 billion. The generous donations are structured in the form of shares from Buffett’s conglomerate, Berkshire Hathaway. A […]
Tag: The Giving Pledge
Charles Feeney, a quiet hero of philanthropy and tech investments, sadly passed away at the age of 92 in San Francisco on Monday. Chuck, as he was known to friends, was the man who gave away almost his entire $8 billion fortune to charity, often without fanfare. Charles Feeney believed in low-key giving. He donated […]
VisionSpring gets $15 million donation from MacKenzie Scott to help low-income workers around the world access eyecare. VisionSpring was founded in 2001, “with the goal of reaching and providing affordable, quality glasses to the 2.5 billion people worldwide who need them,” according to their website. According to founder Dr. Jordan Kassalow, he was inspired by […]
Whether it’s inherent in the structure of a business or a personal choice made by the wealthy individual, more and more billionaires are choosing to give away massive portions of their wealth to charity. Sometimes the donations happen during the person’s lifetime; other times it’s a promise through a program like the Giving Pledge to donate […]
Philanthropic People: Warren Buffett
Warren Buffett is undeniably one of the most generous, most widely known philanthropists in the world. From processing each and every written donation request the old fashioned way, to inspiring other billionaires to give the majority of their wealth to charity, Buffett has worked hard throughout his lifetime to help shape the world for the […]
Founder of Spanx and self-made billionaire Sara Blakely officially joined the ranks of Bill Gates, Warren Buffet and her mentor Richard Branson earlier this month when she signed the Giving Pledge. The pledge is a call to action from Gates and Buffet to encourage billionaires to give at least half their wealth to charity. Bill Gates […]
Bill Gates dropped out of Harvard University and went on to found one of the world’s largest computer software companies, Microsoft. Since then, he has donated billions to charity, ranking number one on the Forbes Top 400 List for philanthropists in 2012. Most recently, Gates, along with his friend Warren Buffet, formed The Giving Pledge, which […]