Billionaires have become synonymous with philanthropy from the past. Their acts of charity usually teach others a life lesson about humanity–you’ll find meaning in your life by contributing to the welfare of others. Billionaires like Bill Gates may have not hit the big prize at the JackpotCity Online Casino, but they have certainly hit the jackpot on their businesses, gaining a personal wealth estimated at 98 billion USD in 2020. In this article, you’ll learn about the biggest philanthropy acts of the recent decade. However, the list might miss some philanthropy acts because not all philanthropists publicly disclose their acts of kindness.
Jeff Bezos (113 billion) overcame the criticism of being stingy with his money to become among the top philanthropists in the past decade. In 2018, he was the leading philanthropist when he gave away approximately 2 billion USD. They made all this possible by launching the Bezos Day One Fund that supports non-profits that help the homeless families. He started the Fund with his wife MacKenzie Bezos before announcing their divorce.
In February 2020, Bezos stated that he would to combat global climate change.
Michael Bloomberg is said to have a net worth of 56 billion USD. He has given an estimated 767 million USD to various causes. Some causes he has donated to include arts, environment, education, public-health groups. He has also contributed to programs that focus on improving city governments around the world. In 2017, he gave away an estimated 702 million USD. According to sources from Bloomberg Philanthropies, Bloomberg has donated approximately 6.4 billion USD in his lifetime.
In 2017, Mark Zuckerberg and Priscilla Chan donated the second highest when they gave away
about 2 billion USD. Despite taking a financial hit in 2018, they still gave 214 million USD through Chan Zuckerberg Initiative Donor Advised Fund at the Silicon Valley Community Foundation. However, through their representative, the two billionaire philanthropists claim that they have given much more. Figures from their representatives reveal that they have donated up to 1.8 billion USD since the initiative was founded.
Bill and Melinda Gates were the biggest philanthropists of 2017 when they donated an estimated 4.78 billion USD through the Bill & Melinda Gates Foundation. However, from 1994 the Gates have donated a whopping 45.5 billion USD through their family and foundation. The Gates are also responsible for starting the Giving Pledge with their billionaire friend Warren Buffett, which encourages billionaires to commit to donating a majority of their money to charities. Some reports suggest that Buffet donated almost 2.6 billion USD to the Bill & Melinda Gates Foundation as an annual installment to a much bigger pledge.
Warren Buffett is arguably the world’s biggest philanthropist. From the year 2000, he has given over 46 billion USD to charity. The beneficiaries of his donations include Bill & Melinda Gates Foundation, the Howard G. Buffet Foundation, the Susan Thompson Buffet Foundation, Sherwood Foundation, among others.
As mentioned earlier, he has also teamed up with the Gates to encourage other billionaires to donate their billions to charity. Apart from philanthropy, Buffet is celebrated for his humility that sees him live a simple life full of values.