Bloomberg Tops Philanthropy List, Giving $4.3B
Irvine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Michael Bloomberg leads the Chronicle of Philanthropys top donors list for the third consecutive year, contributing $4.3 billion to various causes. Bill Gates follows with $3.7 billion, while Paul Allens $3.1 billion bequest supports science and technology. Warren Buffett donates $1.3 billion to family foundations. The top fifty donors gave a total of $22.4 billion, with a median gift of $105 million. Wealth from finance and technology dominate the list, with most donors hailing from New York and California. Many donors have personal connections to their causes, often tied to family health struggles or community youth programs. Long-term ties and lesser-known givers also contribute significantly to the total.
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