Warren Buffet
In 2010, legendary American investor Warren Buffett and his long-time friend Bill Gates launched the Giving Pledge philanthropic campaign. Billionaires who join this pact pledge to contribute over 50% of their wealth to philanthropic causes during their lifetime. According to Forbes’ estimates, last year alone, the Oracle of Omaha, who is currently worth a whopping $102 billion, donated over $5 billion to charity. Throughout his entire life, Mr. Buffett has given a jaw-dropping $51 billion to philanthropy, a record amount among magnates.
Bill Gates and ex-wife Melinda
Bill Gates, the founder of tech giant Microsoft, divorced his wife Melinda 2 years ago. Nevertheless, the ex-spouses still work together, being the co-chairs of the world's largest charitable organization, the Bill & Melinda Gates Foundation. The primary goals of the foundation are to enhance global healthcare and fight hunger in developing countries. The Gates have spent more than $38 billion to support healthcare and social projects over their lifetime. In fact, the most generous donation of $20 billion was made by Microsoft’s founding father last year.
George Soros
This well-known American financier has long earned a reputation as the main advocate of democratic values. George Soros has already given around $18 billion to support human rights and freedom of expression. All his donations go to the Open Society Foundations, a grantmaking network founded by the business magnate. The foundation has representative offices in 120 countries of the world.
Mackenzie Scott
American Mackenzie Scott divorced her husband Jeff Bezos in 2019. Their divorce settlement included a 4% stake in the e-commerce giant. Since then, Scott's fortune has declined by more than $14 billion. These are the donations that she made in less than 3 years. In fact, she has spent 5 times more on charity than Bezos himself, and he is one of the top 5 wealthiest persons in the world. Mackenzie Scott supports projects fighting against economic, racial, and gender inequality.
Michael Bloomberg
Michael Bloomberg, the former mayor of New York City and founder of the Bloomberg News agency has donated an impressive $14 billion to charity over his lifetime. He regularly donates to medical and social projects. The businessman is an avid supporter of a healthy lifestyle and an environmental activist. He funds campaigns against smoking and climate change as well as multiple educational projects.
This month, the price of Bitcoin has soared to a record $89,000. Despite its constant volatility, BTC remains the most promising cryptocurrency since its debut in 2009. Many early investors who believed in Bitcoin's potential are now reaping the rewards of their foresight. Let's take a look at today's wealthiest crypto enthusiasts
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
