Mark Zuckerberg, CEO of the world’s most popular social media site, Facebook, recently announced he’ll give away $45 billion of his company shares during his lifetime. With the holidays just round the corner, that got me thinking – who are the most charitable billionaires in the world? Here are 11 of them.
Larry Ellison is the world’s fifth-richest man. He founded Software Development Laboratories, the company that would become Oracle Corporation, in 1977. In addition to the $500 million he has donated to date, he has pledged to give away 95% of his wealth in the future.
Once a stock trader, Michael Bloomberg became wealthy after setting up his own company, Bloomberg L.P. He was New York Mayor between 2002 and 2013. His favorite charitable cause is his alma mater, John Hopkins University, however, he has given away billions through Bloomberg Philanthropies.
Manoj Bhargava was born in India, but moved to the United States with his family in the early 1990s. He is the creator of 5-Hour Energy, an energy drink brand. He has pledged to give away 99% of his $4 billion fortune.
Intel is a name synonymous with computers – the corporation has practically cornered the world market for microprocessors. Its co-founder, Gordon Moore, has given away over $5 billion of his fortune to charity to date.
Sulaiman bin Abdul Aziz Al Rajhi is the co-founder of one of Saudi Arabia’s biggest banks. He has already given away nearly three-quarters of his wealth to anti-hunger and education initiatives in his native country.
Chuck Feeney became a billionaire after building a global duty-free store empire. Over $6 billion of his fortune has gone to charitable initiatives supporting education, research, health and civil rights through his foundation, The Atlantic Initiatives.
Azim Premji is an Indian IT entrepreneur. He donated over $8 billion to philanthropic initiatives to date. His foundation, the Azim Premji Foundation, is primarily concerned with causes related to universal education and advocacy in his home country.
Billionaire investor George Soros is renowned for his charitable work. He has been involved with numerous charitable organizations and initiatives during his lifetime, however he currently chairs the Open Society Foundations, which is a pro-democracy charity.
Warren Buffett is the world’s most successful financial investor who has been ranked as the world’s richest man in the past. Aside from his business success, he is well-known for giving away billions of dollars to charity in lump sums, with the last giveaway being worth $2.8 billion.
The world’s richest man is also its biggest philanthropist. Bill Gates and his wife, Melinda, have given away no less than $28 billion through their foundation to initiatives aimed at improving health, education and economic development in developing countries.