Blockbuster I.P.O.s Are Creating New Millionaires. Philanthropies Want a Cut.
As a series of blockbuster I.P.O.s mint a new crop of the ultrawealthy, nonprofits are scrambling to figure out how ...
Tag: philanthropy
Sell the Company for $400 Million? He’s Giving It Away Instead.
Back in 1968, Eddie Smith Jr. bought a fledgling boat maker based in Greenville, N.C. It was a risky move. ...
George Soros never signed the Giving Pledge. He’s given away more than the billionaires who did
More than 250 wealthy people have signed the Giving Pledge, a promise to dedicate a majority of their wealth to ...
Jensen Huang’s jacket sold at Sotheby’s for almost $1M—and the money is going to young tech builders
Many tech executives have their signature look, like Meta CEO Mark Zuckerberg’s t-shirts and hoodies, and Apple cofounder Steve Jobs’ ...
Trump Accounts to Receive $250 Million Donation From Chip Maker Micron
President Trump said Wednesday that Micron, a U.S. chip company, had agreed to invest $250 million in Trump accounts, a ...
Warren Buffett breaks from ‘lifetime’ pledge to the Gates Foundation as the Epstein fallout deepens
The Bill Gates-Warren Buffett relationship is fraying. The Oracle of Omaha has reportedly paused his annual gift to the Gates ...
Snap’s Evan Spiegel joins MacKenzie Scott in the race to erase medical debt, wiping out $550 million
Evan Spiegel has never been the loudest billionaire in the room. Sometime this spring, the Snap co-founder and his wife, ...
A Humble 3-Wheel Electric Vehicle Lands Toyota in Federal Court
A lawsuit filed in California last month offers a modern-day David-versus-Goliath tale that casts the world’s largest automaker, Toyota Motor, ...
Why Melinda French Gates is backing menopause research
Founders and investors have jumped on the commercial opportunity in menopause. The midlife women’s health company Midi has reached a ...
Like Bill Gates, this billionaire is capping his kids’ inheritance at 8 figures
Dylan Taylor made his first million at 27. Last year, he became a billionaire at 53, after taking his space-holding ...
As the U.S. and Europe pull back from global climate aid, can Asian funders fill the gap?
Shaun Seow, who heads the Philanthropy Asia Alliance (PAA), has a theory on why the new generation of Asian philanthropists ...
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