MacKenzie Scott announced Wednesday in a blog post that she has donated $2 billion this year to 199 organizations. The 54-year-old billionaire philanthropist has now given away a total of $19.2 billion since 2019, per AP. About 75% of the organizations that Scott has donated to this year are nonprofits focused on economic security and...
Tag: Philanthropy
Paychex’s Tom Golisano Gave $85 Million to These Nonprofits
Tom Golisano believes that “the only wealth you get to keep is that which you give away.” The 83-year-old billionaire founder of Paychex, an HR, payroll, and benefits provider, voiced the sentiment on Tuesday at an event at Artis-Naples, a museum in Naples, Florida. “This year I’ve decided to act on that saying,” Golisano said,...
Craigslist’s Founder Pledges $100 Million for Cybersecurity
Craig Newmark, the 71-year-old retired founder of Craigslist, has four focus areas for philanthropy: military families and vets, cybersecurity, journalism, and pigeon rescue. On Wednesday, he pledged $100 million to support U.S. cybersecurity, bringing his total giving and pledges to $400 million since 2015. Craig Newmark. Photo by John Lamparski/Getty Images According to the Wall...
Melinda French Gates Donating Billions to ‘Even the Match’
In an op-ed published in the New York Times on Tuesday, Melinda French Gates gave a glimpse into the next stage of her philanthropic efforts. She is departing the Bill & Melinda Gates Foundation next week, which she co-founded in 2000, and announced that she is giving $1 billion over the next two years to...
Melinda French Gates Resigns From Gates Foundation
Melinda French Gates is resigning as co-chair of the Bill & Melinda Gates Foundation, which she co-founded over 20 years ago. In a statement posted to X at noon ET on Monday, Gates announced her resignation and said that her last day of work will be June 7. pic.twitter.com/JYIovjNYKo — Melinda French Gates (@melindagates) May...
Charlie Munger, investing sage and Warren Buffett’s confidant, dies
Billionaire Charlie Munger, the investing sage who made a fortune even before he became Warren Buffett’s right-hand man at Berkshire Hathaway, has died at age 99. Munger died Tuesday, according to a press release from Berkshire Hathaway. The conglomerate said it was advised by members of Munger’s family that he peacefully died this morning at...