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Philanthropy ss july 2014


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These billionaires are giving their money away!

Published in: Economy & Finance, Technology
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Philanthropy ss july 2014

  1. 1. 20 Billionaires Who Are Giving Their Money Away
  2. 2. Larry Ellison, CEO, Oracle • Ellison has given hundreds of millions to medical research and education • Has expressed his intention to give away at least 95% of his assets Net worth: $41 Billion Flickr/ Oracle Corporate Communications
  3. 3. Michael Bloomberg, Business Magnate • Bloomberg has already donated more than $1.8 billion to over 850 charities Net worth: $31 Billion Flickr/ Rubenstein
  4. 4. Paul Allen, Microsoft Co-Founder • Allen has given more than $1.5 billion to various causes in his lifetime • He was named the most charitable living American in 2012 Net worth: $15.8 Billion Miles Harris
  5. 5. Carl Icahn, Activist Investor • Icahn has given generously to education and medical causes • He has founded three successful charter schools Net worth: $20.3 Billion
  6. 6. Mark Zuckerberg, Founder/CEO, Facebook • Was one of the first to sign the Giving Pledge, along with Buffett and Gates in 2010 • Zuckerberg’s 2013 donation to the Silicon Valley Community Foundation was the largest charitable gift of the year Net worth: $19 Billion
  7. 7. George Lucas, Founder, Lucasfilm • Lucas has given generously to educational and cultural causes • Lucas intends to give the majority of the proceeds from the sale of Lucasfilm ($4.05 billion) to charity Net worth: $4.2 Billion Wikipedia/ Nicholas Genin
  8. 8. Sir Richard Branson • Not only does Branson generously donate money, he also spends a lot of his time on humanitarian efforts Net worth: $4.6 Billion Wikipedia/ UNclimatechange
  9. 9. Dustin Moskovitz, Co-Founder, Facebook • Founded the charitable organization Good Ventures with wife Cari Tuna in 2011 Net worth: $5.2 Billion Dustin Moskovitz
  10. 10. Elon Musk, CEO, Tesla Motors and SpaceX • In addition to giving away his wealth, Musk focuses much of his time and effort on developing clean energy and promoting science education Net worth: $12 Billion (March 2014) Flickr/ Corevette
  11. 11. David Rockefeller, Banker and Philanthropist • The oldest living member of the Rockefeller family (age 99), Rockefeller has already given nine-figure gifts to – Harvard University – Rockefeller University – Museum of Modern Art (NY) Net worth: $2.8 Billion Wikipedia/ hashmoder
  12. 12. Ted Turner, Media Mogul • Gave a $1 billion gift to the United Nations, which started the United Nations Foundation to support the UN in its causes Net worth: $2.1 Billion Flickr/ Alan Light
  13. 13. James Simons, Mathematician, Hedge Fund Manager • Founded the Simons foundation with his second wife, which supports projects related to education and health Net worth: $12 Billion Gert-Martin Greuel
  14. 14. Manoj Bhargava, CEO, 5-hour Energy • The 5-hour energy company donates 45% of all profits to charity • The company’s foundations fund medical research in the U.S. and India Net worth: $4 Billion Wikipedia/ Mskabich
  15. 15. Sara Blakely, Founder/CEO, Spanx • In 2013, became the first female billionaire to sign the pledge • Her foundation funds scholarships for young women Net worth: $1 Billion David Shankbone
  16. 16. Eli Broad, Entreprenuer • Eli and Edythe Broad have committed to giving 75% of their wealth away • The Broad Foundations currently have assets of $2.4 billion Net worth: $6.9 Billion Wikipedia/ Viva Vivanista
  17. 17. Ronald Perelman, Businessman/Entreprenuer • Notable donations include – $100 million to Columbia University’s business school (2013) – $25 million to University of Pennsylvania (2013) – $50 million to NY Presbyterian Hospital (2008) Net worth: $14 Billion David Shankbone
  18. 18. Pierre Omidyar, Founder, eBay • Founded the Omidyar Network with wife Pam • Invests in innovative organizations that foster economic, social, and political change Net worth: $8.5 Billion Wikipedia/ Joi
  19. 19. Harold Hamm, Oil Magnate • Formed the Harold W. Hamm Oklahoma Diabetes Center • Hamm, who has Type II Diabetes, wants to eliminate the disease during his lifetime Net worth: $12.4 Billion Wikipedia/ David Shankbone
  20. 20. Warren Buffett • Buffett will give away 99% of his fortune • His pledge of more than $30 billion of Berkshire Hathaway stock to the Bill and Melinda Gates Foundation is the largest charitable donation in history Net worth: $58.5 Billion Mark Hirchey
  21. 21. Bill Gates • The Bill and Melinda Gates Foundation is currently the world’s wealthiest charitable foundation with nearly $40 billion in assets • The Gates’ plan to eventually give 95% of their wealth to charity Net worth: $72 Billion Wikipedia/ Kjetil Ree
  22. 22. Warren Buffett’s Greatest Nightmare