Austrian millionaire Karl Rabeder is giving away every penny of his $4.6 million fortune after realizing his riches were making him unhappy. His entire proceeds are going to charities he set up for and Latin America.
Yesterday, 10 more of America's wealthiest families committed to giving more than half their wealth to charity, bringing the total number who have joined Warren Buffett and Bill Gates in their Giving Pledge to 69.
The son of one of the world's richest men grew up to be a farmer and is putting his experience and his father's wealth together to end world hunger.
The billionaire philanthropist is making sure that the United States will reach its climate goals – even if we have to do it "from the bottom up".
Facebook founder Mark Zuckerburg is the ultimate success story, and he is a generous guy. This is typical of the latest generation of wealthy entrepreneurs. Young donors are more interested in creating partnerships and being actively involved in their giving, unlike older philanthropists, who simply wrote checks every year.
A shy and reclusive heiress who lived alone for 20 years in a rambling mansion left the bulk of an estate worth $40 million to the Vancouver Foundation. One of the largest charitable bequests in British Columbia history, it will add $700,000 per year to the hundreds of thousands of dollars the community foundation already spends on BC projects focused on youth, the homeless, the elderly and the environment.
New York City billionaire Mayor Michael Bloomberg is funding the expansion of a pilot maternal health program in Tanzania that is predicted to help 50,000 mothers who too often die during childbirth.
Mark Zuckerberg and his wife Priscilla Chan announced plans today to donate $25 million to the U.S. Centers for Disease Control Foundation to help fight Ebola.
At the Global Vaccine Summit in Abu Dhabi late last week, the world's two richest men made a bit of philanthropic history. Carlos Slim announced his foundation will donate $100 million to the Global Polio Eradication Initiative, a new effort organized by the Gates Foundation to eliminate polio.
A hedge fund billionaire decided to start allocating his own pay raises to 800 public school teachers every year.
A businessman is offering two mansions as temporary housing for tornado victims in Texas - and rent is only a dollar a month.
Some of the world's richest people are putting their money on innovation as the best bet to roll back climate change.
The billionaire inventor of the energy drink is spending his fortune on the poor, and a pedal-powered generator to make free electricity.
How did 47-year-old Zhang Xin go from working in a sweatshop to becoming one of the richest women in the world? She got her start on Wall Street, but missed her homeland and returned to become a real estate mogul, building the futuristic buildings that mark the distinctive skyline of Beijing.
A Florida billionaire took his private helicopter to the Bahamas to help deliver supplies and rescue victims of Hurricane Joaquin.
Reality show judge Simon Cowell makes a three-year-old boy feel like a winner by offering help to get him cancer treatment in America.
Cobra. Lamborgini. Ferrari. Porsche. Kids in Oregon who are battling life-threatening illnesses get to choose which supercar they get to spend the day with, thanks to a compassionate car collector in Portland.
David Gerson drives an aging Volvo station wagon with a coffee stain on the passenger seat --hardly the type of car usually driven by successful corporate tax lawyers who negotiate billion-dollar mergers in Silicon Valley. David, 62, however, is what some might call a reformed lawyer. That 25-year law career never quite fulfilled him, so in 2011 he took a job feeding the poor.
Doris Buffett is 81 and has the kind of reputation money can buy. She's given away a fortune -- over $80 million -- and wants to keep giving until it's all gone. Her money comes from her mother's investment funds managed by her little brother, Warren Buffet, known as the Oracle of Omaha.
An Irish-American billionaire who kept his philanthropy secret for 15 years has given away $7.5 billion - and plans for it all to go to charity before his dies. Chuck Feeney, who, at 82, wears a $15 Casio watch and often travels in coach class, said I believe strongly in ‘giving while living'.
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