These Are The Biggest Givers On The Forbes 400

In May, private equity tycoon Robert F. Smith pledged an estimated $30 million to wipe out the student debt of the entire 2019 graduating class of Morehouse College.This has been a year of record-setting in billionaire philanthropy. In September, Stewart and Lynda Resnick, owners of POM Wonderful and Fiji Water, pledged $750 million to the California Institute of Technology for environmental sustainability research.

This year, Warren Buffett led the list of top givers with $38.8 billion in lifetime giving, which is 32% of his net worth, and earned the top score of 5. He was followed by last year’s biggest giver, Bill Gates, who has donated $38.5 billion so far. Two people who scored a 5 last year—Paul Allen and David Koch—passed away. Billionaires like DreamWorks Pictures founder David Geffen and WhatsApp cofounder Brian Acton moved up to the top score after each scored a 4 last year.

Private equity tycoon Robert F. Smith’s pledge in May to wipe out the student debt of the entire 2019 graduating class of Morehouse College generated lots of headlines but did not end up changing his score because the gift wasn’t big enough to move him up a notch. In many cases, fortunes grew faster than lifetime philanthropic giving. reporters looked at tax filings for charitable foundations, annual statements, SEC filings and news about new gifts.

Our score is based on total lifetime giving and what percent of their fortune members had given away. We weighted these two factors equally. Some individuals were then bumped up or down based on several other factors, including whether they had signed the Giving Pledge, whether they had pledged significant donations, how personally involved they were in their charitable giving, and how quickly and effectively their private foundations distributed dollars.

Bullshit

Appreciate your people that serve you...Your not self made billion for nothing. People have invested in your product some way shape or form...

Philanthropy isn’t philanthropy once you start picking out who is the most philanthropic.

Follow the money and the avoidance of taxes and you will see Charity is not the right word

I bet the Trump family is not on the list.

.

What you need to put together is a list of TOP GIVERS OF OTHER PEOPLES MONEY. JustinTrudeau of Canada will undoubtedly be at the very top of that list.

But it's BillGates with the noise.

Please please PLEASE tell me where realDonaldTrump was on the list (without including court ordered 'charity') ... if you have to include people in extreme poverty so the rankings may be accurate, I'll understand.

Mass tax breaks for wealthy corporations, now record-setting philanthropy. Is trickle down economics working? paulkrugman XSalaimartin chloergibbs

So that's where some of the labor value went. Sorry. It's not going to stop Bernie.

All they doing is giving money they stole back-

Will keep praying to God to be more than them

My desire

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