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Bill Gates and Warren Buffett were two of the year’s biggest three donors. AP Photo/Nati Harnik

Donations by top 50 US donors dropped sharply to $16 billion in 2022 – Bill Gates, Elon Musk, Mike Bloomberg and Warren Buffett lead the list of biggest givers

As giving receded to pre-pandemic levels, most of these gifts were designated for foundations, higher education, hospitals and medical research.
Some extremely rich people are paying a much smaller share of their income on taxes than other folks. Nuthawut Somsuk/iStock via Getty Images Plus

A new reason Americans are getting leery of billionaire donors

News about how little income tax some of the richest Americans reportedly pay is adding to questions about the value to society of their massive charitable donations.
Spanx founder Sara Blakely has signed the Giving Pledge. Marla Aufmuth/Getty Images for Massachusetts Conference for Women

A window into the hearts and minds of billionaire donors

A careful review of more than 200 letters written by the wealthy people who signed the Giving Pledge over its first decade suggests a big contradiction.
Qantas CEO Alan Joyce personally donated $1 million to the Yes Campaign in the 2017 plebiscite on marriage equality. David Moir/AAP

Dear baby boomers: Australian philanthrophy needs your help

Australia is about to witness the largest intergenerational wealth transfer in our history, but giving through bequests in wills is currently low.
Jeff Bezos (right), now the world’s second-richest person, is charting a different course for his philanthropy than Bill Gates (left), the richest, and Warren Buffett (center), who has fallen to third place. Reuters/Jim Tanner

What Jeff Bezos gets wrong (and right) with his populist philanthropy

Amazon’s founder turned to Twitter to crowdsource ideas for his charitable giving. This populist approach and his preference for short-term results set Jeff Bezos apart from other mega-donors.

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