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Wednesday, 12 February 2020

Millionaires Who Give Money Away - Billionaires Who Give Money Away

Millionaires Who Give Money Away 

Billionaires Who Give Money Away


Believe it or not, there really are millionaires who give money away, to be more precise there are billionaires who give money away. This is not a scam, there is a lot of information on the internet about millionaires giving money away and it's confusing to make any real judgement. From my research I have found a there are billionaires who have actually pledged a majority of their wealth to philanthropy either in their will or to be paid out during their lifetime. It's very unlikely that a millionaire or billionaire will give money direct to your bank account unless you are extremely lucky. There are instances where billionaires and millionaires have helped individuals. 



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Millionaires Who give Money Away - The Giving Pledge


The Giving Pledge is a place where billionaires and millionaires who give money away, have made a pledge to giveaway a majority of their wealth to help people in need. The exact definition of the Giving Pledge is that it is a movement of philanthropists who commit to giving a majority of their wealth to philanthropy or good causes, either during their lifetimes or int their wills. Most of the millionaires who give money away do so through their foundations. The money is given to various programs that are supported by the foundation. 


Millionaires Who Give Money Away Inception


The Giving Pledge where billionaires and millionaires pledge to give money away was started in August 2010. It was actually started by 40 of America's wealthiest billionaires and millionaires who joined together to commit a hefty proportion of their wealth to people in need. The Pledge was created by Bill and Melinda Gates, and Warren Buffett. This pledge has now ballooned into more that 100 philanthropists and undoubtedly will make a brilliant impact to people who are in need. It is one of the greatest transfers of wealth from extremely rich to extremely poor.

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Who are the Billionaires and Millionaires Who Give Money Away?

Here are 10 Billionaires and millionaires who give money away. All these billionaires heave pledged to give away a majority of their wealth to good cause through their foundations. All you have to do is find a program that these foundations support and then ask them for money. Most people just email millionaires for money and get nowhere, there are exceptions where some eccentric billionaires want to help and give money. The majority of billionaires and millionaires will help you through the programs via their foundation.

One: Warren Buffett

Warren Buffett is along with Bill & Melinda Gates are the founders of The Giving Pledge. Back in 2006, Warren Buffett pledged to eventually give away 99% of his entire wealth to the Bill & Melinda Gates Foundation. This sent ripples along the millionaires and billionaires grapevine. Eventually Warren Buffett was inviting more and more billionaires to the Giving Pledge where you have to have at least $1,000,000,000 ($1 Billion USD in assets) and be prepared to give away at least 50% to help people in need.

Warren Buffett is a heavyweight when it comes to making money. He is one of the best billionaires and millionaires who give money away. He made his fortune in the Stock market and despite the many booms and bust, Warren has prevailed, like the Oracle that he is. Warren Buffet's company Berkshire Hathaway is one of the most profitable and most successful businesses of all time. At the wise old age of 90, he has amassed a fortune, he has a personal net-worth of $78.2 Billion, that's $78,200,000,000.  


Two: Larry Ellison

Where would the world be without Larry Ellison, not a lot of people know about Larry Ellison, however, he is a next level visionary who was thinking about cloud computing 40 years before it became a reality, this man was definitely ahead of his time. Larry Ellison made his fortune with his company Oracle which specialises in databases. To put things into perspective, some of the most valuable companies in the world like Amazon, Google, and Apple use the Oracle Database as a foundation for their business. Without Oracle's advance in database technology a lot of these companies like Amazon and eBay would probably not be around. Larry has pledged to give away more than 50% of his money to the Larry Ellison Foundation. Larry Ellison has a personal net worth of $59.4 Billion Dollars, that's $59,400,000,000. He has amassed this fortune at the ripe old age of 76 and now looks at helping people in need. 

Three: Michael Bloomberg

Former New York City Mayor Michael Bloomberg is one of the nicest billionaires and millionaires who give money away. Bloomberg made his fortune with his Bloomberg TV channel which specialises in financial news. He has grabbed a majority of the market and now enjoys enormous wealth. Bloomberg made great strides in New York City by building bridges between communities and helping to clean up crime and anti-social behaviour. Micheal Bloomberg has made a pledge to give away more than 50% of his wealth to help people in need. Michael Bloomberg is 11th on the Forbes Rich List and has an enormous net worth of $56.1 Billion dollars at the slender age of 78, that's $56,100,000,000 dollars when you put all the zeros in. Bloomberg LLP is one of the most successful companies in the USA and it's expanding fast along with Michael's net worth.   

Four: Eli & Edythe Broad

Eli Broad is a master investor, he is not on the same level as Warren Buffet (let's face it who is), however, he is an incredibly generous man. At the time of writing this post Eli & Edythe Broad have a personal net worth of $6.1 Billion Dollars derived from the many investments Eli has plunged his money into. Eli has agreed to give more than half of his net worth to help people in need. He is the nicest person you could hope to meet if you see his interviews and his wife Edythe is a sharp cookie too. Both these Millionaires who give money away are an inspiration to us all.

Five: Bill Gates & Melinda Gates

Bill & Melinda Gates need no introduction. Back in 2006, Bill & Melinda, the darling of philanthropy and close friend Warren Buffett got together to create the Giving Pledge. This will go down in history as one of the greatest transfers of wealth and promotion of equality. Bill Gates made his fortune by creating Microsoft and the operating system found in so many laptops and personal computers, he has become a household name. Bill Gates is 2nd in the Forbes Rich List and has an amazing personal net-worth of $105.9 Billion, he is only 1 of two billionaires who has surpassed the $100 Billion Barrier. To put things into perspective with numbers be has amassed a personal net-worth of $105,900,000,000 Dollars at the slender age of 65. Bill & Melinda Gates have pledged to give away 99% of their wealth to the Bill & Melinda Gates Foundation. What a man! 

Six: Carl Icahn

Larger than life Carl Icahn is the Billionaire and Millionaire who loves to give money away. He the a shareholder activist and loves finding undervalued underachieving companies on the Stock Market. He usually takes a majority share in that company to get a seat at the table and then drags management into the 30th century. The billionaire activist is relentless and he has amassed an incredibly fortune using his unorthodox but effective methods. Carl Icahn is the founder and controlling shareholder of Icahn Industries and has a personal net worth of $16.1 Billion Dollars according to Forbes, that's an amazing $16.100,000,000. Carl Icahn has pledged to give away more half of his net worth to people in need through the Icahn Foundation.

Seven: Jeff Bezos

Jeff Bezos's journey from nothing to billionaire has been nothing short of incredible. At the time of writing this EPIC post, Jeff Bezos is number one, numero uno, in the Forbes Rich List of Billionaires. Bill Gates is only just behind him, however, at the rate Jeff Bezos is pulling away it's very likely he will be at the number 1 spot for a long time. Jeff Bezos made his billions with Amazon.com. Starting as a humble online bookstore, Amazon has grown into a supermarket for everything all over the world. The set-up and concept is just amazing. Jeff Bezos, even after his divorce from Mackenzie Bezos has an incredible net worth of $113.5 Billion, with zeros that comes to $113,500,000,000.00 (Imagine how that looks on your iPhone Banking App!). Jeff has agreed to give more that half (Although he has not stated the exact percentage) to the Foundation and to people in need.

Eight: Jeff Skoll

Love eBay? Well you have Jeff Skoll to thank for that. Although eBay has not scaled the mountains Amazon has they provide a brilliant service for online buyers and sellers. Jeff Skoll has a personal net-worth of $4.8 Billion Dollars and he has vowed to give away half of his incredibly wealth to help people in need.

Nine: Ted Turner 

Cable Television was nothing until Ted Turner turned up and woke up the industry, his cutting edge ideas and brilliant insights helped grow the industry to unprecedented heights. Ted Turner has a personal net worth of $2.1 Billion at the twilight age of 82 and is ranked 1163 in the Forbes Rich List. Ted is a lovely billionaire and millionaire who gives money away and has pledged to give away nearly all of this net worth to help people in need in America.e  

Ten: Mark Zuckerberg


The youngest billionaire in this Millionaires who give money away list. Mark Zuckerberg needs no introduction, he is a revolutionary that connected millions of people all around the world and gave rise to the word 'social media' with his Facebook.com website. At the tender age of 36, Mark Zuckerberg has a personal Net-Worth of $63.5 Billion Dollars, I know everyone who reads The Millionaires Giving Money Blog likes to see this figure in zeros, so here goes, Mark Zuckerberg has a personal net worth of $63,500,000,000. I have no doubt that in the next 30 years Mark Zuckerberg will go to the number 1 stop in the Forbes Rich List, not only because he is young, it's most likely he will get the top spot because of his vision and drive. Mark Zuckerberg is also one of the youngest billionaires in the Giving Pledge, Mark has agreed to give away more than 50% of his wealth to help people in need. What a nice fellow. 


Millionaires Who Give Money Away


There are so many billionaires and millionaires who give money away, the world is more generous that you think. If you have a genuine need then you can contact one of these millionaires for help. This is not a get rich quick scheme where you email billionaires for money or ask millionaires for help. If you want to improve your life, get out of financial hardship then there is a program which these billionaires and millionaires support. Remember there are many billionaires and millionaires who give money away who want to help, you just have to find the right program and apply for funds.

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