How the Wealthy Use Their Charitable Foundations for Good
How the Wealthy Use Their Charitable Foundations for Good
What do Bill Gates, Mark Zuckerberg, Paul Allen, Gordon Moore, and Michael Bloomberg have in common? Of course, they are all among the world’s wealthiest individuals, but these men also have something else in common. They’re all on the list of the world’s most generous people. All of them have achieved great success and huge financial wealth, but they’ve also been very generous in sharing their fortunes with others and putting that money towards good causes. While most of the world’s most generous people have used many different methods to share their wealth, in most cases they have created private charitable foundations to distribute that wealth. Let’s look at some of the top philanthropists and how they’ve shared their wealth.
Bill Gates
The chairman and CEO of Berkshire Hathaway, has reportedly given away more than $21 billion to charitable causes in his lifetime, but he’s not stopping there. Ten years ago, Buffett pledged to give away 85 percent of his remaining wealth to the Bill and Melinda Gates Foundation, among others. He also joined with Gates in 2011 to form the Giving Pledge, which focuses on committing the richest people to donate a large portion of their money to charity.
Michael Bloomberg
Paul Allen
Mark Zuckerberg
Gordon Moore
To receive our free newsletter, contact us here.
Subscribe to our YouTube Channel for more updates.
Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com. GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.
Alan L. Olsen, CPA, Wikipedia Bio
GROCO.com is a proud sponsor of The American Dreams Show.
The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.
Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.
The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.
They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..
American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:
Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…
MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness. It’s mission statement:
In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.
Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.
These Illegal Tax Moves Could Cost You Big
These Illegal Tax Moves Could Cost You Big Everybody fibs on his or her taxes right? What’s a few dollars here and there? The IRS will never notice it. While it’ true that many taxpayers alter the real numbers on their tax returns and get away with it, honesty is always the best policy. Cutting…
Top Ways to Improve Your Leadership Skills
Top Ways to Improve Leadership Skills. You know there’s always room for more growth, more learning, and more improvement. Good leaders know they can always get better. They don’t become leaders by becoming complacent. So, since you’re like most good leaders and you recognize the need for continuing improvement, the next question is, how do…
Tax Filing Issues Have Jumped Greatly in 2019
Tax Filing Issues Have Jumped Greatly in 2019 Much of the news this tax-filing season has been about the changes in tax law, as well as the average refund amount. But there are other tax filing issues making news. In fact, that’s the exact problem. The 2019 tax season has been full of issues. According to statistics from the…
What Makes a Boss Truly Great?
What Makes a Boss Truly Great? How do you feel about your boss? If you’re a boss, how do your employees feel about you? In reality, the term boss doesn’t have the greatest connotation. That being said, some people still have great “bosses.” But what makes a boss, or a leader, great? Great companies offer their…