Wealthy Donors

How Jerry Lewis Raised $2.6B for Charity With His Famous Muscular Dystrophy Telethons
August 21, 2017 at 10:37 am

Aside from starring in some of the classic comedy films of the past half century, Jerry Lewis will be remembered for his humanitarian work, especially the annual telethon he hosted for 45 years that raised money and awareness for muscular dystrophy. The telethon for the Muscular Dystrophy Association, for which the comedian served as national chairman…

Facebook COO Donates Another $100M to Charity
August 18, 2017 at 11:03 am

Facebook chief operating officer Sheryl Sandberg just made her second $100 million charitable donation in less than a year. At the end of July, Sandberg donated 590,000 Facebook shares worth nearly $100 million to the Sheryl Sandberg & David Goldberg Family Fund, a philanthropic fund at Fidelity Charitable, according to a regulatory filing released on Thursday. This donation follows a similar…

Taylor Swift Makes 'Generous' Donation to Charity for Sexual Assault Victims
August 17, 2017 at 10:07 am

After Grammy-winning singer Taylor Swift said she would be donating to charities that aid the survivors of sexual assault, she made good on that promise Wednesday by giving an undisclosed but "generous" amount to the Joyful Heart Foundation, the organization confirmed to E! News. "Joyful Heart is honored to be recognized by Taylor Swift for…

Bill Gates Reduces Microsoft Stake with $4.6B Donation
August 15, 2017 at 10:36 am

Bill Gates has given away $4.6 billion to charity in his largest donation since 2000. He remains the world's richest person, despite giving away 64 million shares in Microsoft.The shares are equivalent to 5 percent of his total fortune, currently estimated to be $89.9 billion. Since 1994,  Gates and his wife Melinda have given away a…

Bruno Mars Surprises Fans With $1M Donation to Flint Water Crisis
August 14, 2017 at 11:22 am

Singer Bruno Mars had a surprise at his sold-out concert in Michigan—telling the crowd he was donating $1 million to help Flint residents deal with the ongoing contaminated water crisis. During a performance at the Palace of Auburn Hills for his 24k Magic World Tour, Mars told the crowd that he and the show's promoter,…

Pop Quiz: How to Approach the Richest People in Town for a Gift
August 14, 2017 at 11:16 am

Do the wealthiest people in your community seem beyond your reach? Perhaps there’s a business person in your city who seems to have her fingers in most everything. She is the developer of the town’s most prestigious residential community...

Manchester United's Juan Mata to Give Portion of Salary to Charity
August 4, 2017 at 11:12 am

Manchester United midfielder Juan Mata is to donate part of his salary to charity and has urged other footballers to do the same. Mata has pledged 1 percent of his income to help grassroots football projects around the world. In the past, the Spain international has branded footballers' wages "ridiculous" and "obscene." The 29-year-old's announcement…

Wealthy People Give to Charity for Different Reasons Than the Rest of Us
July 25, 2017 at 12:04 pm

What motivates people to give to charity? Surprisingly, the most obvious answers to this question have been difficult to prove. For example, having a desire to give is often not enough: Many people who express a strong intention to make charitable donations often fail to follow through on their intentions. The research is also mixed…

Buffett Gives Nearly $3.2B to Gates Foundation (and 4 Other Charities)
July 11, 2017 at 10:22 am

Warren Buffett is known for his generous charitable donations, and this time is no different. Just this past Monday, Buffett donated a record $3.17 billion to these five charities: The Bill & Melinda Gates Foundation, the Susan Thompson Buffett Foundation, the Howard G. Buffett Foundation, Sherwood Foundation and NoVo Foundation...

Michael Bloomberg Gives $75M to Shed Arts Center
May 25, 2017 at 9:51 am

The ambitious new arts center known as the Shed, rising in Hudson Yards, has received $75 million from Michael R. Bloomberg, showing just how much the Far West Side continues to be shaped by a small group of influential billionaires. They include Stephen M. Ross, the chairman of Related Companies, and Barry Diller, the media…