philanthropy

Billionaire investor and founder of Pershing Square Holdings, Ltd. (OTC: PSHZF) Bill Ackman is raising money for charity by auctioning off a lunch for which bids have started coming in. So far, over two dozen bids have poured in to dine with the Ackman, and the price...

Billionaire philanthropists are spending hundreds of millions of dollars annually in schools in an attempt to reshape America's education system. But certain parent activist groups say they are doing it at the cost of students' academics.  According to a recent report by...

Bill Gates announced that his Bill and Melinda Gates Foundation would invest more than $7 billion over the next four years to support African nations working to implement cutting-edge approaches in gender equality, health improvement and farming on the continent. In addition to already...

How much would you spend to have lunch with an asset manager who oversees $300 billion? Someone paid a record-breaking $19 million to do just that — and it was with Warren Buffett. Now, how much would you spend to have lunch with an asset manager who is in charge of $2.5 trillion?...

More than 13,000 people spent Tuesday night in shelters run by the American Red Cross and its affiliates around Florida in an attempt to flee Hurricane Ian. The storm, a dangerous Category 4 hurricane, is currently making landfall in Florida and will cause devastating storm surges, winds and...

This article was originally published on June 15, 2022. One of the most philanthropic billionaires of all time is Berkshire Hathaway CEO Warren Buffett. The CEO recently made his annual gift to the Gates Foundation. Here’s what Bill Gates had to say of the gift and how much Buffett has...

Actor Ashton Kutcher made a name for himself starring in shows like “That ‘70s Show,” “Punk’d” and “Two and a Half Men” along with movies like “Dude, Where’s My Car?” and “Just Married.” While still a major force in...

Gitcoin has raised and donated more than $5 million as part of its Grants Round 14. What Happened: Gitcoin, the world’s longest-running and biggest Web3 crowdfunding platform, leveraged its flagship technology, quadratic funding, to raise more than $5 million to go towards...

According to Forbes, LeBron James joins Michael Jordan as the only two NBA players to make it into billionaire territory, but James did something Jordan didn’t. He got it while still in the league. Arguably the best basketball player in the world, James amassed his wealth through...

Sam Bankman-Fried, the founder and CEO of cryptocurrency exchange FTX, has pledged to give away the majority of his wealth to charitable organizations. What Happened: The 30-year-old FTX chief has become the latest person to sign the Giving Pledge, a commitment by the world’s richest to give...

Great fame often comes with greater money. The entertainment industry is worth more than $2 trillion, and the A-list celebrities within it are among the highest-paid people in the world. As some of the world’s top earners, celebrities are often called to action when there is a...

Apple Inc (NASDAQ: AAPL) CEO Tim Cook has donated $100,000 to help his high school’s band, in Alabama, to purchase new instruments. What Happened: The Apple CEO donated the money to Robertsdale High School band so that they could buy 28 new instruments like flutes, horns, and tubas for...

When you are Elon Musk, the richest man in the world and don't have a significant other to take as a date to the Met Gala — one of the most photographed events of the year — who are you going to ask? Mom, of course. It's not the first time Maye Musk shared the Met Gala red...

The Met Gala's red carpet has been rolled out again on its traditional first Monday in May party date. What Happened: The ball, its more formal name the Costume Institute Gala, benefits the Metropolitan Museum of Art's Costume Institute in New York City. This year's co-chairs for...

When Foo Fighters drummer Taylor Hawkins passed away on March 25, the music world lost a beloved member of the community. Messages of love, mourning and Hawkins' generosity were shared by friends, family and fans. A recent Reddit post by @MBAH2017 caught the attention, including musician Tom...