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
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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
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Spencer Jones | Lineus Medical
Spencer worked for 3 years in direct patient care as a Certified Nursing Assistant, Licensed Practical Nurse, and as a Registered Nurse. Frustrated with the inefficiencies plaguing the healthcare system, he was determined to play a role in improving the delivery of healthcare. In 2014, Spencer won the annual ARK Challenge, an Arkansas based business accelerator. The product he developed was a dual lumen peripheral IV called the BVAD, which focuses on painless and uncontaminated blood draws.
Adeel Malik | CEO of Clearstep
While studying finance and neurobiology in undergrad, Adeel spent his time doing neuro-immunology research at the Johns Hopkins Hospital, contributing to several academic publications. After undergrad, Adeel was a strategy & analytics consultant with Accenture for several years where he worked with some of the largest institutions in healthcare across pharma, health tech, health systems, and retail clinics. Adeel’s skills in healthcare analytics, operations, sales, and his breadth of experience
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Dr. Yael Katz is the co founder and CEO of Braincheck, a healthcare technology company focused on making cognitive health assessments more accessible. Prior to co founding Braincheck, Yael was VP of ecommerce at JW Player and a post doctoral research fellows at Princeton University. She received a Ph.D in in Biological Sciences focusing on Computational and Experimental Neuroscience from Northwestern University.Alan What brought you to co founding Braincheck? Yael If a person has a concern that
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