Buffett is likely the biggest philanthropist of all time thanks to his quest to give away more than 99% of his fortune.
To date, Bezos has given just over $300 million of the $2 billion he's pledged to the initiative. (The Bezos Day One Fund looks similar in many ways to Scott's giving, with donations going to nonprofits all around the U.S.) In total, Bezos' pledges of $12 billion amount to 6% of his current $200 billion fortune.
Jeff Bezos's charitable fund is donating almost $100 million to groups working to provide food, shelter and support to homeless families across the U.S. Bezos, the world's second-richest person, said Wednesday that his fund has awarded $96.2 million to 32 recipients from 21 states.
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On paper, his $5.7 billion donation vaulted Musk up the ranks of the country's most generous philanthropists in 2021—second only to the $15 billion donated by Bill Gates and Melinda French Gates to their joint foundation last year, according to the Chronicle of Philanthropy.
The Americans who gave the most to charity in 2021RankDonor or donorsAmount in millions1Bill Gates and Melinda French Gates$15,000 $15,0002Michael Bloomberg$1,660 $1,6603William Ackman and Neri Oxman$1,200 $1,2004Mark Zuckerberg and Priscilla Chan$1,049 $1,0496 more rows•Feb 8, 2022
Bezos has made a smattering of $100 million donations in recent years as he's stepped up his philanthropy. In 2021 alone, he gave $100 million to former president Barack Obama's Foundation, as well as to World Central Kitchen's chef José Andrés and nonprofit founder Van Jones to give to charities of their choice.
$20 billionThe Microsoft billionaire and his ex-wife, Melinda French Gates, are announcing a new $20 billion donation to the foundation they cochair—their largest ever—along with a recently announced $3.1 billion annual gift from billionaire investor Warren Buffett.
The gifts come on the heels of $96 million in donations from Bezos last week to 32 organizations helping homeless families. Bezos's gift to the Obama Foundation is the largest it has ever received.
Charles Francis Feeney is an Irish-American philanthropist and co-founder of the Duty-Free Shoppers Group. He founded The Atlantic Philanthropies, which is one of the world's largest private philanthropic foundations. He is the most charitable person in the world.
Greatest philanthropists by amount of USDNameAmount givenBill Gates$75.8 billionWarren Buffett$32.1 billionGeorge Soros$32 billionAzim Premji$21 billion17 more rows
Jeff Bezos topped the list by donating $10 billion to launch the Bezos Earth Fund. Bezos, who last week announced he was stepping down as Amazon CEO to devote more time to philanthropy and other projects, also contributed $100 million to Feeding America, the organization that supplies more than 200 food banks.
Bezos has made a smattering of $100 million donations in recent years as he's stepped up his philanthropy. In 2021 alone, he gave $100 million to former president Barack Obama's Foundation, as well as to World Central Kitchen's chef José Andrés and nonprofit founder Van Jones to give to charities of their choice.
Gates and French Gates have contributed $39 billion to their foundation and its previous iteration since 1994. “As I look to the future, my plan is to give all my wealth to the foundation other than what I spend on myself and my family,” Gates said.
MacKenzie Scott, the former wife of Amazon.com founder Jeff Bezos, announced she has donated $3.8 billion to 465 charities since June, picking organizations that she said "support the needs of underrepresented people from groups of all kinds."
Since 2006, the 91-year-old Buffett has donated more than half of his Berkshire shares, with the donations worth about $45.5 billion at the time they were made. Despite the donations, Buffett still owns approximately 16% of Berkshire and controls about one-third of its voting power.
A nonprofit bearing Bezos' last name, the Bezos Family Foundation, has given millions of dollars to the Fred Hutchinson Cancer Research Center in Seattle.
Bezos pledged half a million dollars to Worldreader, a nonprofit that supplies children in underdeveloped countries with access to digital books and e-readers. Bezos' donation went toward boosting the organization's programs in African countries, including Kenya, Ghana, Uganda, and Rwanda.
However, among the five richest people in America, Jeff Bezos — who has a net worth of more than $117 billion — is the only one who hasn't signed on to the philanthropic commitment.
Bezos' $10 million grant was used to establish the museum's Bezos Center for Innovation, which highlights companies that have gotten their starts in Seattle — including Microsoft, Costco, Boeing, and UPS.
Bezos' first major political donation was a $10 million donation to With Honor, a bipartisan PAC that backs military veterans running for election to Congress.
The group was raising funds for a campaign for Referendum 74, a state referendum that would legalize same-sex marriage in Washington if approved. The donation from the Jeff and MacKenzie Bezos doubled the organization's campaign fundraising, according to CNN Money.
In its second round of donations, the Bezos Day One Fund donated $98.5 million to 32 organizations in 23 different states to "support their meaningful, high-impact work to provide shelter and support for young families in communities across the country."
Nos. 7 - 10 on the Chronicle of Philanthropy's list: 1 $100 million: Jeff Bezos gift to Feeding America COVID-19 Response Fund 2 $100 million: Mark Zuckerberg and Priscilla Chan gift to the Center for Tech and Civic Life to ensure safe and reliable voting practices in the 2020 election 3 $100 million: Stephen Ross, founder of Related Companies, a real-estate firm gift to the University of Michigan at Ann Arbor to build part of the Detroit Center for Innovation 4 $100 million: David Roux, co-founder of Silver Lake Partners, a private equity firm, and his wife, Barbara, gift to Northeastern University to establish the Roux Institute 5 $99.6 million: George and Renee Karfunkel, real-estate investors Congregation Chemdas Yisroel, gift to an Orthodox Jewish Synagogue 6 $80 million: Bernard Marcus, co-founder of Home Depot, through his Marcus Foundation, gift to Shepherd Center to expand its neurorehabilitation hospital 7 $65 million: Charles Schwab, founder of Schwab Financial Services, and his wife, Helen, gift to Tipping Point Community to build housing for people experiencing homelessness 8 $63.5 million: Stephen Ross gift to World Resources Institute to support the Ross Center for Sustainable Cities
Dorsey, whose current net worth totals $11.4 billion according to Forbes, announced in an April 2020 tweet that he would be donating $1 billion in equity to his Startsmall LLC to fund global COVID-19 relief. "After we disarm this pandemic, the focus will shift to girl's health and education, and UBI," said Dorsey in his tweet.
According to the left-leaning Americans for Tax Fairness and the Institute for Policy Studies, from March 18 through December 7 of last year, Bezos' wealth on paper surged by 63%, from $113 billion to $184 billion. The sum total of the top 10 charitable donations last year — $2.6 billion — was the lowest since 2011, ...
Knight and his wife gave more than $900 million to the Knight Foundation and $300 million to the University of Oregon.
Joining the list of top beneficiaries of 2020, were "a new environmental grant maker, a nonprofit dedicated to modernizing elections, a network of food banks, and a charity that builds housing for people experiencing homelessness."
Amazon founder and CEO Jeff Bezos made the single-largest charitable contribution in 2020, according to The Chronicle of Philanthropy's annual list of top donations — a $10 billion gift aimed at fighting climate change. Bezos, the world's richest person, used the contribution to launch his Bezos Earth Fund. The fund, which supports nonprofits ...
Two billionaires who donated heavily to charity last year — MacKenzie Scott, Bezos' former wife, and Jack Dorsey, co-founder of Twitter — did not make the Chronicle's list because no single donation of theirs was large enough to qualify.
Despite an eye-popping commitment of $10 billion, Bezos has publicly donated just $791 million to date, with a plan to give the entire amount by 2030.
New York, NY (CNN Business) Elon Musk’s personal wealth is now $222 billion, widening his gap as the richest person in the world according to Bloomberg’s Billionaires Index.
But both Gates and Buffett have also managed to hang onto more than $100 billion each. George Soros, on the other hand, is one of the rare lopsided billionaires who has given away more than he has kept.
Giving by the fifty biggest donors in the United States totaled $24.7 billion in 2020, with Jeff Bezos topping the list, the Chronicle of Philanthropy reports.
Tesla Inc. CEO Elon Musk could become the world’s first trillionaire by 2025, according to a report. “Elon’s net worth would also be boosted by the future value of his 54% ownership of SpaceX, 80% share of Boring Company and 90% share of Neuralink,” it said.
The richest kid in the world is Prince George Alexander Louis who is worth approximately $1 billion dollars as of today.
The Chronicle of Philanthropy estimates that Jeff Bezos gave approximately $68 million to charity between 2000 and 2017, which is only 0.1 percent of his wealth. Article continues below advertisement Bezos has been ramping up his charitable efforts in the past few years.
Jeff Bezos has announced he plans to donate $200 million to charity just hours after touchdown following what critics have described as the world's most expensive midlife crisis.
When Bezos landed at Amazon, he thanked workers and shoppers for their payments, and he gave away $200 million. Founder of Dream Corps Van Jones is hugged by Jeff Bezos after receiving a $200-million grant for charities selected by him and chef José Andrés.
Bloomberg has given an estimated $13.4 billion over the course of his lifetime...
Donations to charities totaled $410 last year. In 2017, $2.02 billion (2.10) was spent. GDP is 1%). There has been a five-fold increase in this category. The current exchange rate is 2% in dollars and 3.1% in euros. From 2016 to 2017, there was no increase in inflation-adjusted dollars.
Among the Chronicle of Philanthropy's annual list of top donations, Amazon's Jeff Bezos' $10 billion gift to combat climate change is the most significant donation of 2020. In return, Bezos launched the Bezos Earth Fund, which is now the most important foundation in the world.
This has been the approach taken by Warren Buffett. He announced that he will donate more than $4 billion to charities over the next decade. Wednesday morning, there was a $1 billion donation.
Among the Chronicle of Philanthropy's annual list of top donations, Amazon's Jeff Bezos' $10 billion gift to combat climate change is the most significant donation of 2020.
Bezos has publicly donated just $791 million to date, despite his commitment to give $10 billion. In 2030, he aims to make his commitment public.
This has been the approach taken by Warren Buffett. He announced that he will donate more than $4 billion to charities over the next decade. Wednesday morning, there was a $1 billion donation.
Despite an eye-popping commitment of $10 billion, Bezos has publicly donated just $791 million to date, with a plan to give the entire amount by 2030.
New York, NY (CNN Business) Elon Musk’s personal wealth is now $222 billion, widening his gap as the richest person in the world according to Bloomberg’s Billionaires Index.
But both Gates and Buffett have also managed to hang onto more than $100 billion each. George Soros, on the other hand, is one of the rare lopsided billionaires who has given away more than he has kept.
Bill Gates is worth roughly $133 billion as of Jan. 13, 2021. 1 He earned the bulk of his fortune as CEO, chair, and chief software architect of Microsoft (MSFT).
The richest kid in the world is Prince George Alexander Louis who is worth approximately $1 billion dollars as of today.
Bézose mucho. Jeff Bezos and rumored fiancée Lauren Sanchez are still going strong, as the pair were snapped arriving in Los Angeles aboard a $65 million private jet Tuesday.
Bezos has made a wide variety of investments through Amazon: Bezos Expeditions, his venture capital firm; Nash Holdings LLC, a private company he owns; the Bezos Family Foundation; and his own personal fortune.
Amazon founder and CEO Jeff Bezos made the single-largest charitable contribution in 2020, according to The Chronicle of Philanthropy’s annual list of top donations — a $10 billion gift aimed at fighting climate change. Bezos, the world’s richest person, used the contribution to launch his Bezos Earth Fund.
In 2020, Forbes listed George Kaiser among a tiny sliver of billionaires who gave away 20% of their fortunes or more — it’s the most exclusive and generous group that Forbes recognizes. He inherited his family’s oil empire in the 1960s, made a fortune and gave a fortune away.
The Amazon founder will donate $200 million to the Smithsonian, as the museum institution announced this July. The amount marks the largest gift to the Smithsonian since James Smithson founded the institution in 1846. According to the Smithsonian press release, $70 million of Bezos’s money will support a renovation of the National Air and Space Museum. The other $130 million will go toward a new education center at the museum.
Even so, the Blue Origin founder still hasn’t signed the Giving Pledge, which is a commitment to donate most of one’s wealth to charitable causes. The pledge has already been signed by fellow billionaires like Scott, Bill Gates, and Warren Buffett.