As giving receded to pre-pandemic levels, most of these gifts were designated for foundations, higher education, hospitals and medical research.
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Articles on Billionaires
Displaying 1 - 20 of 39 articles
The hefty sums many billionaires give away place them in an age-old debate about wealth and charity – and whether it’s appropriate for donors to have a say over their wealth from the grave.
Squandering all that money is easier than it seems.
Yvon Chouinard, his wife and their two adult children have given the company he founded away. From now on, its profits will fund climate and conservation work.
Yvon Chouinard’s gift is unusual due to its structure but is also part of a trend. Many billionaires and large foundations are now funding these causes.
New research shows that humans don’t necessarily have unlimited wants, and that an ‘ideal life’ costs less than you might think.
More than 350 billionaires have signed on so far.
Most of the gains went to the richest Americans, but almost everyone saw an improvement in terms of net wealth.
Media ownership has consolidated around a handful of billionaires – and that might not be great for democracy.
Can modern society afford billionaires?
Five years after David Cameron was pushing for tighter rules around disclosure of beneficial owners, nothing much has changed.
A taxation expert explains why South Dakota has become a favorite state for the ultra-rich when it comes to squirreling away their wealth.
The latest instalment of leaks about the super-rich using offshore tax havens to hide their wealth has been published.
The 2017 tax cuts put a $10,000 cap on the deduction for state and local taxes. The richest households would see the biggest gains from eliminating or raising the cap.
In 1950, the top 0.01% of earners paid almost 70% of their income in taxes. By 2018, the super-rich paid proportionately less than the average for all other Americans.
If you see the Tesla Bot as a joke or a harbinger of a dystopian future, you could be missing the real threat, which has more to do with Elon Musk’s power than robots run amok.
How much money it takes to attain this status varies according to the size of the nonprofit getting the gift.
The investor has already given half of his $100 billion fortune to charity and he has pledged to disburse nearly all of the rest.
Teaching kids better budgeting won’t fix post-pandemic inequalities. A more robust social safety net, less hoarding and squandering of wealth and more equitable tax policies might.
In 1970, Gil Scott-Heron penned a spoken word song called ‘Whitey on the Moon’ that criticized the 1969 Moon landing. A hip-hop scholar explains why the song still reverberates today.
Top contributors
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Associate Professor of Nonprofit Leadership, Seattle University
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Professor of Management, University of Essex
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Professor Emerita of Law, Vanderbilt University
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Professor, University of San Diego
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Peter Whiteford is a Friend of The Conversation.
Professor, Crawford School of Public Policy, Australian National University
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Professor of Management & Organizations; Professor of Environment & Sustainability; Professor of Sustainable Enterprise at the Ross School of Business and School of Environment and Sustainability, University of Michigan
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Professor of Responsible Innovation, Arizona State University
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Professor of International Politics, City, University of London
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Clinical Associate Professor, Boston University
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Lecturer in Law, University of Liverpool
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Associate Professor of Communication, University of Pennsylvania
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Professor of Media, Culture and Communication, New York University
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Assistant Professor of Hip-Hop, University of Virginia
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Reader in Psychology, University of Bath
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Professor of Science Communication, University of Westminster
