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$100+ billion 1919 [5] 3 Bill & Melinda Gates Foundation United States: Seattle: $50.2 billion 2000 [6] 4 Wellcome Trust United Kingdom: London: $42.8 billion £34.6 billion 1936 [7] 5 Stichting INGKA Foundation Netherlands: Leiden: $37.3 billion €34.3 billion 1982 [8] 6 Mastercard Foundation Canada: Toronto: $31.5 billion 2006 [9] 7 ...
The Giving Pledge is a charitable campaign, founded by Bill Gates and Warren Buffett, to encourage wealthy people to contribute a majority (i.e. more than 50%) of their wealth to philanthropic causes. As of June 2022, the pledge has had 236 signatories from 28 countries. [1]
Gates was also its largest individual shareholder until May 2014. [a] He was a pioneer of the microcomputer revolution of the 1970s and 1980s. In June 2008, Gates transitioned into a part-time role at Microsoft and full-time work at the Bill & Melinda Gates Foundation, the private charitable foundation he and his then-wife Melinda had ...
Feeney, over the course of his life, gave more than $8 billion to charities, often anonymously. His death was announced Monday by The Atlantic Philanthropies , an organization he founded in 1982 ...
Meanwhile, the nation’s top 1% continue to make money at an almost incomprehensible rate. As of the second quarter of 2024, their wealth amounted to $46.71 trillion, according to Federal Reserve ...
Berkshire Hathaway CEO Warren Buffett presented a Forbes 400 Lifetime Achievement Award to Feeney in 2014, calling him “my hero and Bill Gates’s hero. He should be everybody’s hero.”
The Gates Foundation [a] is an American private foundation founded by Bill Gates and Melinda French Gates. Based in Seattle , Washington, it was launched in 2000 and is reported to be the third largest charitable foundation in the world , [ 6 ] [ 7 ] holding $69 billion in assets as of 2020. [ 4 ]
But philanthropy is changing. Today's billionaires are less interested in legacy institutions, less obsessed with prestige and perpetuity. Part of this is a function of their age: In 2012, 4 percent of America’s biggest charitable donations were made by people under 50 years old. In 2014, a quarter of them were.