Hundreds of billionaires pledged to give away $600 billion to charity—but the Bill Gates and Warren Buffett era of philanthropy may be over

Hundreds of billionaires pledged to give away $600 billion to charity—but the Bill Gates and Warren Buffett era of philanthropy may be over

Bill Gates and Warren Buffett ushered in a new Gilded Era of philanthropic giving, likened in influence to the Rockefellers and Carnegies. But charity work is about to look very different as higher taxes are threatened on liberal institutions, and new methods of giving are popularized by women mega-donors. MacKenzie Scott has become a pioneer…

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Charity closing 88 shops nationwide

ECONOMIC PRESSURES: Cancer Research UK is changing its retail offering, closing smaller high street stores to focus on larger superstores (Image: Getty) As part of plans to revamp funding for life-saving cancer research, a charity has announced it will close nearly 90 stores across the country by May 2026. This marks the first phase of…

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Brits left seven times more cash in wills to animals than soldiers during 2024 - including £38m to Donkey Sanctuary

Brits left seven times more cash in wills to animals than soldiers during 2024 – including £38m to Donkey Sanctuary

A DONKEY charity was left more money in wills than the Royal British Legion last year, figures show. There were £37.8million-worth of legacy donations to the Donkey Sanctuary. 2 Royal British Legion will donations lagged behind those made to leading animal charitiesCredit: SWNS:South West News Service The sum exceeds the £27.5million left to Britain’s leading…

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82-year-old CEO grew a $7.8 billion fortune from company shares—now she’s selling stock to charity and signed Bill Gates' pledge to give away 99%

82-year-old CEO grew a $7.8 billion fortune from company shares—now she’s selling stock to charity and signed Bill Gates’ pledge to give away 99%

CEOs with major controlling stakes in their billion-dollar companies have the power to make themselves richer and richer, but one 82-year-old tech leader isn’t cashing in for herself. Judy Faulkner, the CEO of Epic Systems, has been selling her non-voting shares back to the company—and redirecting the profits elsewhere. “I’ve never cashed a single share…

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Bezos Offloads £47M in Amazon Shares to Charity

Bezos Offloads £47M in Amazon Shares to Charity

Jeff Bezos is once again making headlines—not for launching rockets or buying another mansion, but for giving away millions. According to a recent filing with the U.S. Securities and Exchange Commission (SEC), the Amazon founder donated 296,182 Amazon shares, worth approximately £47.02 million ($60.71 million), to non-profit organisations. The transfers were made over two days…

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