Browsing: philanthropy
Self-made multimillionaire says Canadians ‘give no money away’ compared with Americans—and research agrees
The gap between the rich and the poor continues to rise at an extraordinary pace. Just 56,000 ultra-wealthy individuals—the world’s…
It was late 2015 when Fortescue CEO Andrew Forrest was hiking through a remote region of Australia known as the Kimberley,…
UBS says rich people will be younger, female and openly queer thanks to the Great Wealth Transfer
The face of wealth is changing: Increasingly younger, female, and openly queer people will control family fortunes as a result…
Even as Elon Musk calls philanthropy ‘very hard,’ Americans gave a record $617 billion anyway—as households felt the squeeze over the cost of living
2025 brought a mixed picture for the U.S. economy. The stock market ended the year with double-digit gains, but inflation…
Warren Buffett breaks from ‘lifetime’ pledge to the Gates Foundation as the Epstein fallout deepens
The Bill Gates-Warren Buffett relationship is fraying. The Oracle of Omaha has reportedly paused his annual gift to the Gates…
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: ‘sadly,’ it makes the world a worse place
MacKenzie Scott has become one of the most affluent philanthropists of our time. After all, she’s given away more than…
Shell Foundation CEO: climate tech works. Getting it to a billion people who need it is the hard part
London Climate Action Week opened this year with less appetite for pledges and more demand for proof. Patience has run…
American giving hit $617 billion in 2025 — and the Paul Allen effect exposes who’s really driving it
The $617 billion that Americans gave to everything from churches to cat rescues was the second-highest ever in inflation-adjusted terms,…
Ken Griffin celebrates America 250 with $26M gift for new Roosevelt Library built into the Badlands
On July 4, 2026, as the United States marks its 250th birthday, a library will open in the North Dakota…
SpaceX just set a record for the largest-ever IPO, raising $75 billion at a $1.77 trillion valuation. OpenAI and Anthropic…












