Philanthropy Report - Legacy From The Heart

July 27, 2026, 4:39 PM ET Will Elon Musk end up giving away his entire $1 trillion fortune? Getty Images—Benjamin Fanjoy The public has long questioned the world’s richest man, Elon Musk, about what he’s doing sitting on a trillion-dollar fortune. After all, other billionaires give away vast amounts of their wealth (take MacKenzie Scott, who’s donated more than $26 billion and is still worth nearly $35 billion). On social media, some have begged and pleaded for him to give at least some of his

Anthropic and OpenAI employees are expected to give generously after their companies go public. “It’s going to be a wild ride,” says one nonprofit leader.

Africa’s richest man, Aliko Dangote, will donate a third of his $36.5 billion fortune—marking one of the largest charitable commitments ever by an African billionaire!

BNP Paribas reports an increasing two-way capital flow through Hong Kong as Europeans seek to establish family offices in the region.  France’s largest bank is seeing a growing number of wealthy European clients looking to …

July 22, 2026, 3:02 AM ET George Soros has committed $32 billion to philanthropy. More than 250 wealthy people have signed the Giving Pledge, a promise to dedicate a majority of their wealth to philanthropy. But many haven’t followed through on it, spurring criticism from one of the Giving Pledge’s founders, Melinda French Gates. “Have they given enough? No,” French Gates said in an interview with Wired published in December 2025, referring to her fellow billionaire class and those who have

Bill Gates and staff at his charitable foundation had roughly 30 meetings with Jeffrey Epstein from 2011 to 2014 to discuss establish a donor-advised fund to support public health.

The investigation’s results come after Warren Buffett declined to make his regular donation to the foundation due to Bill Gates’ ties to Epstein.

MacKenzie Scott’s Philanthropy Illustrates A Structural Feature Of Concentrated Equity WealthThe Wealth Advisor Contributor

Jul 14, 2026 13:11 GMT Investing.com -- Warren Buffett plans to dispose of his entire Berkshire Hathaway Inc. stake within eight years through donations to four charitable foundations, the 95-year-old chairman said Tuesday. Buffett converted 8,000 Class A shares into 12 million Class B shares to donate to foundations run by his three children and one named after his late wife. The Sherwood Foundation, Howard G. Buffett Foundation and NoVo Foundation will each receive 1 million shares. The Susan

July 17, 2026, 8:18 AM ET Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., speaks at the Goldman Sachs 10,000 Small Businesses Summit in Washington, D.C., U.S., on Tuesday, Feb. 13, 2018. Berkshire Hathaway founder Warren Buffett was a philanthropist before he was a billionaire. Even before the famed investor was worth current estimates of $147 billion, the Oracle of Omaha planned to give away any money he accrued. Buffett said that in his 20s, when he met and

Over the past few decades, the billionaire Wisconsin businesswoman Diane Hendricks has given tens of millions to Republican candidates and organizations in state and out to help the party win elections.

The South Dakota banking giant was 90 years old. Take a look back at his legacy in banking and healthcare.

OMAHA, Neb. (AP) — Billionaire Warren Buffett said Wednesday that his decision

In an interview with Forbes, the design software giant’s CEO Melanie Perkins discusses her and husband Cliff Obrecht’s latest philanthropic initiative.

Belarussian-born quant Igor Tulchinsky made a fortune harnessing data to predict movements in the financial markets. Now he’s backing the British Museum’s most important exhibition in a generation.

June 30, 2026, 10:47 AM ET Warren Buffett is distancing himself from Bill Gates. The Bill Gates-Warren Buffett relationship is fraying. The Oracle of Omaha has reportedly paused his annual gift to the Gates Foundation due to the Microsoft cofounder’s ties to the late sex offender Jeffrey Epstein, according to The Wall Street Journal. | Newsletter People familiar with Buffett’s plans told WSJ Buffett is delaying his decision until later this year, possibly when he releases his annual Thanksgiving

The AI boom is creating vast fortunes among people who say they want to do good – here’s how they actually could

Remembered as a tireless worker who devoted himself to improving his hometown as a businessman and volunteer

July 8, 2026, 2:59 AM ET Philanthropists Laura and John Arnold are throwing money at sports betting studies. Billionaire philanthropist John Arnold has spent years actually sticking to the Giving Pledge, which many others in his cohort have failed to follow through on. As of February, he and his wife, Laura, had donated more than $2.3 billion, mainly to criminal justice and education causes, according to Forbes. But now Arnold Ventures, the foundation founded by the Arnolds, is going after an

The crackdown on overseas cash comes after billionaire Tether investor and Reform donor Christopher Harborne registered to vote in the UK.

John Arnold and Laura Arnold, who run Arnold Ventures, are investing $2.6 million for university research into potential harms of online sports betting.

Updated Jun 30, 2026, 2:36 PM GMT Elon Musk (left) has been a vocal critic of MacKenzie Scott (right). NurPhoto/Getty, Franziska Krug/Getty, Tyler Le/BI Elon Musk is once again publicly criticizing MacKenzie Scott's philanthropy. Tesla and SpaceX's trillionaire CEO has reposted or commented approvingly on at least eight posts on X criticizing Scott's giving in the past four days. For example, Musk shared one user's post saying that Scott, who divorced from Amazon founder Jeff Bezos in 2019, has

Chairman of Berkshire Hathaway typically donates billions of dollars in shares each June, but said he would wait for the results of an investigation

The organization was created in 2007 by the Quebec billionaire to improve access to safe water.