In April 2021, Soros pledged $500 million to the endowment of Bard College, a 2,400-student liberal arts school 90 miles north of New York City to which he has longstanding ties. The richest person on the list is Jeff Bezos, with an estimated net worth of $114. 1: Has given away less than 1% of wealth Who got this score: Tesla CEO Elon Musk, Google cofounder Larry Page and 142 others. $(function() { For the first time, Forbes 400 members are ranked not just on their total wealth and on how self-made they are, but also on their generosity. This year, Warren Buffett led the list of top givers with $38.8 billion in lifetime giving, which is 32% of his net worth, and earned the top score of 5. Phil Knight invests $400 million in Portland's Albina neighborhood To subscribe, select any of the newsletters listed below. Forbes Middle East / <p>Forbes dug into their known charitable giving and assigned a philanthropy score, ranging from 1 to 5, to each member of The Forbes 400.</p> Philanthropy score: First, we estimated each. Gifts included $443 million to environmental organizations from the The Bezos Earth Fund, $100 million to former president Barack Obama's foundation and $96 million to nonprofits helping homeless families through the Bezos Day One Fund. ContentList, By focusing on billionaires' actual charitable giving, the enhanced philanthropy score of the Forbes 400 index aims to accelerate the much-needed momentum around charitable giving, especially as the US grapples with numerous crises the COVID-19 pandemic, ongoing racial injustice, the climate crisis, and more. Hes spent more than $1 billion to curb tobacco use over the last decade, and in 2018 announced a $1.8 billion pledge to Johns Hopkins University, his alma mater. Warren Buffett is the wealthiest person who maintained a philanthropy score of five from 2019 into 2020. Additionally, we did not give credit to money pledged but not yet given out. In October 2021, the Omidyar Network announced a new program that aims to invest $10 million in organizations that hold corporations accountable for their impact on society. Credit: Wikipedia Commons. Philanthropy Scores Forbes gives each Forbes 400 member a "philanthropy score," on a scale from 1 to 5, based on their lifetime giving.
