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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I’m 40 and my mom just died — leaving me a $3.25M inheritance. How do I make the most of this sudden windfall?

I’m 40 and my mom just died — leaving me a $3.25M inheritance. How do I make the most of this sudden windfall?

According to Northwestern Mutual, $90 trillion will transfer to younger generations in the coming years [1]. That’s a lot of money and it will be important for those who receive a share of it to make smart choices. According to the survey, among those expecting to receive an inheritance, half (50%) consider it “highly critical”…

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