Billionaire Jeff T. Green, who has a reported net worth of $6 billion, has agreed to give away more than 90 percent of his fortune before or at his death.
Part of the pull in using cryptocurrency to make donations rather than regular cash is that donors are able to forgo the capital gains tax.
The United Way and Salvation Army's top rank on the charity list came amid the devastating economic troubles of the COVID-19 pandemic.
In July 2020, Scott said that her funding decisions were "driven by a deep belief in the value different backgrounds bring to problem-solving on any issue."
The study was started in 2000, when 66 percent of U.S. households donated to charitable organizations.
A philanthropic group dedicated to increasing funding for environmental justice efforts is pushing for major donors to make their allocations public.
The historic and present challenges of racial injustice we're up against are vast. It will take every pillar of our society working at full steam to solve them.
On Wednesday, Buffett also announced that he will resign as the trustee at the Bill & Melinda Gates Foundation. His resignation comes less than two months after the billionaire couple announced their divorce.
The construction of Little Island is merely a product of what economist Thorstein Veblen called "conspicuous consumption." Little Island was simply a display of wealth, not an act of philanthropy.
Bill and Melinda Gates announced their divorce Monday, as we look back at their marriage and their substantial holdings together.
"After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage," the couple said in a statement.
Philanthropic power is something each of us holds, even if we haven't discovered it yet.
"If ever there was a time to Put. People. First—it is now, my friends," Orman wrote in her weekly newsletter.
Sheldon Adelson did what he thought was right, in business and in every other part of his life.
A state lawmaker says the country music icon and philanthropist is "a passionate person who loves everyone, and everyone loves her."
"God bless the 'Fundraiser of Flavortown,' shame on every single one of our government 'leaders' who have failed them," reads one tweet praising the celebrity chef.
"The women and men on the frontlines of the COVID-19 crisis are heroes," Brian Chesky said in a blog post.
Discussion with consultant Susan McPherson on the ups and downs of corporate philanthropy during COVID-19
U.S. companies have pitched in, in droves, to help citizens and frontline workers during the deadly spread of coronavirus. Here are 50—from Coca-Coca and Airbnb to Tory Burch and Spanx—that stepped up.
Why charities like the United Way are built to tackle Covid-19
More Than 200 billionaires promised to donate a majority of their wealth since the Buffet/Gates "Giving Pledge" launched 10 years ago. Is that a success?
With all due gratitude to charities and fundraisers, scientists overwhelmingly agree that only massive, fully-funded government action can stop this devastation. Even Bill Gates says so.
The Bloomberg Billionaires Index shows that the world's 500 richest people combined grew their wealth by $1.2 trillion in the past year.
The Microsoft founder is on course to replace the Amazon CEO as the top billionaire after recent share price changes.
"As a man, I don't have the primary worry of being the next one diagnosed with breast cancer—though it certainly could happen," Ryan Plecha told Newsweek. "However, I am fully aware that any of the women in my life just might be the next one."
Earlier this year, makeup artist and entrepreneur Charlotte Tilbury announced a second Hot Lips collection is coming, and today, it's here.
The 33-year-old musician was shot dead by an unidentified gunman on Sunday.