American philanthropist Andrew Carnegie once said: “No man can become rich without himself enriching others. The man who dies rich dies disgraced.”
Many successful businessmen think about sharing and giving back to their community at some point in their lives, and engage in philanthropy. Some say it is out of generosity, and others believe that it is for tax reasons. One way or another, the money spent for charitable purposes is needed and has some type of impact on someone’s life. The following businessmen believe that sharing is caring. They have donated a combined amount of $106.8 billion according to research firm Wealth-X.
20. Dietmar Hopp
Li Ka-shing is a Hong Kong business magnate, investor, and philanthropist. He is one of the richest men in Asia. The Li Ka-shing Foundation supports education, healthcare, culture, and community-related causes. Li is regarded as one of Asia’s most generous philanthropists after having donated $1.2 billion.
13. Mark Zuckerberg
Mark Zuckerberg is one of the youngest self-made billionaires in the world. The Facebook founder signed the Giving Pledge. He promised to share at least half of his wealth in his lifetime. He has already donated $1.6 billion. Last year, Zuckerberg and his wife Priscilla disbursed $25 million to help fight Ebola.
12. Paul Allen
11. Michael Bloomberg
Michael Bloomberg is the founder and CEO of Bloomberg Media, the former Mayor of New York City and the founder of the Bloomberg Foundation. His foundation provided donations to the John Hopkins University, the World Lung Foundation, the World Health Organization, the Sierra Club Foundation, and the John Hopkins Bloomberg School of Public Health. He’s donated in total $3 billion to charities.
To be continued...
Many successful businessmen think about sharing and giving back to their community at some point in their lives, and engage in philanthropy. Some say it is out of generosity, and others believe that it is for tax reasons. One way or another, the money spent for charitable purposes is needed and has some type of impact on someone’s life. The following businessmen believe that sharing is caring. They have donated a combined amount of $106.8 billion according to research firm Wealth-X.
20. Dietmar Hopp
German IT entrepreneur Dietmar Hopp co-founded SAP, the famous software company. Through his foundation called Dietmar Hopp Stiftung, he donated a total of $1 billion to support local education, sports, and health causes in his hometown in Germany. He is worth $6.3 billion.
19. Pierre Omidyar
Pierre Omidyar, the French-Iranian-American businessman is the co-founder and current chairman of eBay. In 1998, he started the Omidyar Foundation with his wife. The organization donates to several causes including entrepreneurship, food, technology and energy. In 2015, Omidyar reportedly donated $270 million worth of his eBay shares to undisclosed charity. So far, he has given away an estimated $1 billion dollars.
18. Michael Dell
The chairman and CEO of the computer manufacturer, Dell, likes to support education, social and human services, arts and culture, and community development causes. According to Wealth-X, his lifetime donations are estimated at $1.1 billion. His foundation pledged to donate $25 million to build a 211-bed hospital in Austin, Texas.
17. James Simons
James Simons is the chairman of Renaissance Technologies, a very successful hedge fund that owns $65 billion in assets. With his wife Marilyn, he opened the Simons Foundation, which primarily supports educational causes. They have also opened two other organizations in memory of their two sons who died in 1996 and in 2003: the Paul Simons Foundation and the Nick Simons Foundation. Altogether, the Simons couple has made $1.2 billion worth of donations.
16. Ted Turner
You’ve all heard about American media mogul and philanthropist Ted Turner. He founded the cable network CNN. In 1997, he donated $1 billion to the United Nations to promote causes related to women, children’s health, environment, world peace, and security. His Lifetime donations reached $1.2 billion.
15. Jon Huntsman Sr.
Jon Huntsman Sr. is the founder of Huntsman Chemical Corporation, the largest manufacturer of polystyrene in the United States. Huntsman plastics are used in a wide variety of familiar objects, including burger containers. Huntsman’s philanthropic giving reached $1.2 billion and focus on the areas of cancer research. He signed the Giving Pledge, a campaign led by Warren Buffett and Bill Gates, to encourage the wealthiest people to make a commitment to give most of their wealth to philanthropic causes.
14. Li Ka-shing
13. Mark Zuckerberg
Mark Zuckerberg is one of the youngest self-made billionaires in the world. The Facebook founder signed the Giving Pledge. He promised to share at least half of his wealth in his lifetime. He has already donated $1.6 billion. Last year, Zuckerberg and his wife Priscilla disbursed $25 million to help fight Ebola.
12. Paul Allen
Paul Allen, the man who co-founded Microsoft with Bill Gates, is now the chairman of Vulcan, a private investment company. His foundation, the Paul G. Allen Family Foundation, has given millions to global health causes. To date, he’s given a total of $2 billion to charities.
11. Michael Bloomberg
To be continued...
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