Who are some millionaires that give away money for free?
Quick Answer
Some wealthy people who give away their money for free include Warren Buffett, Bill Gates, Judy Faulkner, Mark Zuckerberg and Larry Ellison. They are among the more than 130 pledgers of the Giving Pledge, a pledge launched by Warren Buffett and Bill Gates in 2010 to encourage the wealthy people in America to donate at least half of their money to philanthropic causes before or after their death.
Continue ReadingFull Answer
Warren Buffett is well-known for his philanthropic effort. He announced his plan to donate 83 percent of his fortune, which was equivalent to about $30.7 billion at the time, to the Bill & Melinda Gates Foundation in 2006. He also auctioned off his own car and a luncheon with him to raise money for various charities.
In 2010, Mark Zuckerberg donated $100 million to the Newark Public Schools so that the mayor at the time could have more control of the schools. He also participated in the Giving Pledge and pledged to donate at least 50 percent of his fortune to charity. In 2013, Mark Zuckerberg donated 18 million Facebook shares, which was worth approximately $990 million at the time, to the Silicon Valley Community Foundation.
In 2015, Judy Faulkner, who is the founder of a company called Epic, pledged to donate 99 percent of her money to charities.
Learn more about Business & FinanceRelated Questions
-
Q:
Who are some millionaires that help people by giving away money?
A: The most generous millionaires and billionaires in the world include Bill Gates and his wife Melinda, Michael Bloomberg, and Paul Allen. Combined, these in... Full Answer >Filed Under: -
Q:
Are there millionaires who give away money?
A: While most millionaires choose to keep their fortunes to themselves, a handful have pledged to give away money in various philanthropic ventures, as of 201... Full Answer >Filed Under: -
Q:
Who were some of the people on the 2015 Forbes 400 Richest Americans list?
A: Some of the people on the 2015 Forbes list of the 400 richest Americans are Bill Gates, Mark Zuckerberg and Larry Page. Other people on the list are David ... Full Answer >Filed Under: -
Q:
Who are some of the richest people in America as of 2015?
A: Bill Gates, worth an estimated $79.5 billion, and Warren Buffett at $63.7 billion, are two of the richest people in the United States, as of 2015, notes Fo... Full Answer >Filed Under:
You May Also Like
-
Q:
How much money do mechanical engineers make?
-
Q:
How much money should I give as a baptism gift?
-
Q:
How do you count money back?
-
Q:
How are the transparency ratings of charitable organizations determined?
-
Q:
How long did it take Gatsby to make the money to buy the mansion?
-
Q:
How do you get retirement money before age 62?
