Warren Buffett, the well-known investor, has done something amazing again. He gave away $6 billion worth of his company's stock to five different foundations. This is not new for him. Since 2006, he has given away about $60 billion in total to these foundations. He announced this on a Friday evenin
Leonard Lauder, who passed away at 92, was a big name in the beauty world. He took his family's small cosmetics business and turned it into a global powerhouse. This journey started back in 1946 when his parents, Estee and Joseph, founded the company. Leonard joined the family business in 1958 and s
The fifth wealthiest individual globally is Bill Gates. He is the co-founder of a major tech company. Gates has made a bold decision to use most of his $200 billion fortune to improve conditions in Africa. This pledge is part of a broader plan to give away 99% of his wealth by 2045. Gates aims to f
Jack Nicklaus is a name that stands out in golf history. With 18 major wins and 117 professional victories, his on-course achievements are legendary. However, behind every great man, there is often an even greater woman. Barbara Nicklaus, Jack's wife, has played a crucial role in his career and in t
The landscape of big-time giving is undergoing a significant transformation. The era dominated by male billionaire philanthropists like Bill Gates and Warren Buffett is coming to an end. The future of philanthropy is being shaped by women who are taking the lead in giving. This shift is driven by ne
The Constitution of the United States is a powerful document. It has guided the country for over two centuries. Now, a wealthy businessman wants to share this important piece of history with everyone. Ken Griffin, the head of Citadel, has decided to lend his personal copies of the Constitution and t
A fresh trend is sweeping through the world of charity. It is called effective altruism. It is led by big-name tech leaders and thinkers. This approach has faced criticism for its moral views and political leanings. Yet, few have taken a close look at how it works in practice. Effective altruism is
A young boy from Okanagan is making a splash in the world of fundraising. Jack McNeil, a 10-year-old from Salmon Arm, has been on a mission to raise $10, 000 for cancer research. He has already completed a 2. 5km swim and a run from Salmon Arm to Enderby. This journey started with a simple goal of r
Rahim Al-Hussaini, now Aga Khan V and 50th Imam of the Ismailis, inherits the mantle of the religious leader from his father. He is named the new Aga Khan after his father's passing in Portugal. Rahim's designation as the spiritual head happens 1, 300 years into the dynasty's history. Rahim, at 53,
Ever wondered where the billions in charity money for science research go? A study by data scientists found that a huge chunk of this money, about $30 billion annually, is directed to local institutions. This is like giving candies to the kid next door while the global playground needs a makeover. T
