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The most generous among America's richest billionaires give away more than 10% of their fortunes. Some of them are doing their best to give away all of it — or at least as much as they can while...
You don't give away that much money without changing the places and institutions and people you give it to, sometimes for the worse. Zuckerberg should already know this. In 2010, he donated $100 million to the Newark Public Schools on a promise from Cory Booker that he could, according to Dale Russakoff's The Prize , "flip a whole city."
On May 11, 2022, the Trump Organization sold its lease of the Old Post Office in Washington, D.C. for a $100 million profit, [62] and he paid off his $170 million Deutsche Bank loan with the proceeds. Axos Bank was involved during the last two months of the deal and financed part of a loan he needed to complete it. [53]
On May 19, 2019, during his 2019 commencement speech at Morehouse College, a historically Black college in Atlanta, Georgia, Smith said he would pay off the entire student loan debt of the 2019 Morehouse College graduating class of 396 students, a reported $34M in student loan debt, including the debt incurred by parents and guardians.
Dave Ramsey says these are the two questions that separate rich people from poor people. John Seetoo. February 11, 2025 at 11:28 AM. ... credit cards, auto loans, and student loans. The yoke of ...
Image credits: Footlingpresentation #10. There was an article in Norway some years back asking rich people how they saved money. I think this was after the 2008 financial crisis.
In 2023, the largest source of charitable giving came from individuals, who gave $374.40 billion, representing 67% of total giving, according to the Giving USA (Giving USA 2024: The Annual Report on Philanthropy for the Year 2023, a publication of Giving USA Foundation, 2024, researched and written by the Indiana University Lilly Family School ...
The paycheck protection program, intended to save struggling small business, included a loophole that allowed restaurant companies as large as McDonald's to receive millions of dollars in loans.
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