W.B.D.
Global Citizen
NonProfit Quarterly
NonProfit Quarterly
Global Citizen
Global Citizen
Global Citizen
The Guardian
W.B.D. Philanthropy · Humanitarian Aid
🌟 Everyday HeroGlobal Citizen

What Polio Eradication Built Is Now Helping the DRC Fight Ebola

The Democratic Republic of the Congo is battling the largest Ebola outbreak ever recorded in the country. As of October 11, the Democratic Republic of the Congo (DRC) had recorded 9,066 confirmed cases of Bundibugyo viru

1 / 7
The World Billionaire Day Guide

Billionaire Philanthropy: How the Ultra-Wealthy Give Back

For a growing number of the world’s wealthiest people, the defining question is no longer how to make a fortune but what to do with it. Billionaire philanthropy has become one of the most powerful — and most debated — forces in global health, education, climate, and scientific research, moving sums that rival the budgets of entire nations toward problems governments struggle to solve.

World Billionaire Day follows the giving as closely as the earning: the foundations reshaping medicine, the pledges to donate the majority of a fortune, the quiet gifts that never make a press release, and the causes that today’s billionaires have chosen to champion. Generosity, at this scale, is a story worth telling in full.

Great philanthropy is not simply writing large checks. The most effective givers treat their giving like their investing — with strategy, measurement, and a willingness to fund the unglamorous, long-term work that produces real change rather than headlines.

The Briefing

How billionaire giving actually works

01

Most large-scale philanthropy flows through structured vehicles: private foundations, donor-advised funds, and limited-liability companies that blend charitable grants with mission-aligned investment. Each offers different trade-offs between control, tax treatment, transparency, and flexibility, which is why the choice of structure often reveals a donor’s true priorities.

02

A defining shift of the modern era is the pledge movement — public commitments by the ultra-wealthy to give away the majority of their fortunes during their lifetime or at death. These pledges have helped normalize the idea that extreme wealth carries an obligation, and they have pulled billions toward global health, poverty, and education.

03

Effectiveness is the frontier that separates good intentions from real impact. The most respected givers fund evidence, insist on measurement, back organizations rather than only projects, and accept that some bets will fail — the same discipline that built their wealth, now aimed at spending it well.

Frequently Asked

Why do billionaires give away their money?

Motivations range from genuine moral conviction and family tradition to legacy, tax efficiency, and a desire to shape the world according to their values. For many, philanthropy is also a way to apply the problem-solving instincts that built their wealth to challenges markets and governments have left unsolved.

What causes receive the most billionaire funding?

Global health, education, and scientific research have historically attracted the largest gifts, with climate, poverty alleviation, and democratic institutions rising quickly in recent years. The concentration reflects both measurable impact and the personal passions of individual donors.

Does large-scale philanthropy actually make a difference?

When it is strategic, patient, and evidence-driven, it has funded vaccines, eradicated diseases in whole regions, and seeded fields of research that markets would not touch. Critics rightly note that it can also concentrate influence in few hands, which is why transparency and accountability matter as much as generosity.

241

Giving Pledge Signatories

29

Countries Represented

$600B+

Wealth Pledged

2010

Year Founded

The Global Edition

Philanthropy Around the World

Gifts, pledges and grassroots generosity — reported from every continent, updated daily.

Dispatches

The Work on the Ground

Foundations, donors and volunteers putting money to work — region by region.

What's Your Well-Being Superpower?
GlobalHumanitarian Aid

What's Your Well-Being Superpower?

We've been taught that success means more: more growth, more productivity, more consumption. But if "more" were the whole answer, it feels like we should have solved the world’s compounding crises by now. The truth is th

Read the full story Global Citizen · June 30, 2026

The Giving Wire

More from around the world

Global Citizen NOW and Global Citizen Live: Rio Champion a Future Where People and Nature Thrive Together
AmericasGlobal Citizen · Jun 10, 2026

Global Citizen NOW and Global Citizen Live: Rio Champion a Future Where People and Nature Thrive Together

Global Citizen NOW , the summit driving action on the world's most urgent challenges, returned to Brazil on June 4 at Casa Firjan in Botafogo as a centerpiece of the inaugural Rio Nature & Climate Week . Two days lat

Bridgewater and Global Citizen Launch 2026 Forecasting the Future Challenge
GlobalGlobal Citizen · Jun 10, 2026

Bridgewater and Global Citizen Launch 2026 Forecasting the Future Challenge

Who wins? Who loses? Do you know? We are living through one of the most transformative periods in modern history – one that will produce clear winners and losers across economies, industries, and nations over the next de

Why Cross-Sector Leadership Matters for Climate and Economic Progress
GlobalGlobal Citizen · Jun 5, 2026

Why Cross-Sector Leadership Matters for Climate and Economic Progress

The forest, territories treaties, villages, philanthropists, civil society, the Amazon, the Pacific, COP30, and Santa Marta. What brings these perspectives together? What connects these stories and the guests is not only

Two Trillion Euros for Europe's Future
EuropeGlobal Citizen · Jun 5, 2026

Two Trillion Euros for Europe's Future

Quick question: How often does the European Union negotiate its long-term budget? Hint: far less often than you'd expect. The answer is every seven years. And once it's agreed, there's almost no going back. Most of us do

What Brazil's Six Biomes Can Teach the World About Climate Solutions
AmericasGlobal Citizen · Jun 3, 2026

What Brazil's Six Biomes Can Teach the World About Climate Solutions

Brazil’s climate story does not begin in one place. It begins in the Amazon, where forests help regulate rainfall across the continent. It continues in the Atlantic Forest, which shapes the landscape and water systems of

Oxford’s new £185m humanities hub is polished, refined … and funded by a Trump ally
EuropeThe Guardian · Apr 29, 2026

Oxford’s new £185m humanities hub is polished, refined … and funded by a Trump ally

Billionaire Stephen Schwarzman’s portrait hangs discreetly in a building that promises cultural clout and architectural poise – yet can seem rather bland and bloodless When the wealthy Paduan banker Enrico Scrovegni comm

Dolly Parton tops list of global figures in US favorability poll
GlobalThe Guardian · Apr 14, 2026

Dolly Parton tops list of global figures in US favorability poll

The 11-time Grammy winner had a net favorability of 65%, Obama came second with 14%, while Zelenskyy had 12% For the US public, the feeling that Dolly Parton expressed in her country music chart-topping 1974 classic I Wi

The Guardian view on Cambridge’s £190m gift: billionaires won’t fix universities’ problems | Editorial
EuropeThe Guardian · Apr 6, 2026

The Guardian view on Cambridge’s £190m gift: billionaires won’t fix universities’ problems | Editorial

Philanthropy increases the gap dividing highly selective, elite higher education from the rest. Ministers need a plan for the sector overall About 2% of UK universities’ income came from donations and endowments in 2024-

UK billionaire Chris Rokos donates record £190m to Cambridge University
EuropeThe Guardian · Mar 31, 2026

UK billionaire Chris Rokos donates record £190m to Cambridge University

Single biggest donation to a UK university in modern times will establish a new school of government bearing his name The British billionaire hedge fund manager Chris Rokos has donated a record £190m to the University of

Readers reply: what would be the most socially useful way to spend a billion dollars?
GlobalThe Guardian · Feb 22, 2026

Readers reply: what would be the most socially useful way to spend a billion dollars?

The long-running series in which readers answer other readers’ questions on subjects ranging from trivial flights of fancy to profound scientific and philosophical concepts • This week’s question: what would happen to th

What would be the most socially useful way to spend a billion dollars?
GlobalThe Guardian · Feb 15, 2026

What would be the most socially useful way to spend a billion dollars?

The long-running series in which readers answer other readers’ questions on subjects ranging from trivial flights of fancy to profound scientific and philosophical concepts • Read this week’s readers’ reply. Can you acqu

One Mitzvah for Bondi campaign fights hate with love … one small act of kindness at a time
EuropeThe Guardian · Dec 24, 2025

One Mitzvah for Bondi campaign fights hate with love … one small act of kindness at a time

Australians of any faith or background urged to do a good deed ‘in memory and honour of those who no longer can’ When the New South Wales government asked Jewish faith leaders what they wanted after the explosion of hate

Trump’s billionaire backers dress influence as generosity
GlobalThe Guardian · Dec 5, 2025

Trump’s billionaire backers dress influence as generosity

Michael Dell’s $6.25bn gift spotlights how the super-rich use ‘charity’ to win access, favour and influence Pity the billionaire class. The 0.001% are so unpopular these days that when tech billionaire Michael Dell and h

Stormzy elected honorary fellow of Jesus College Cambridge
EuropeThe Guardian · Oct 17, 2025

Stormzy elected honorary fellow of Jesus College Cambridge

Musician and philanthropist was nominated in recognition of scholarship programme at the university The acclaimed musician and philanthropist Stormzy has been elected an honorary fellow of Jesus College at the University

Philanthropist MacKenzie Scott donates $70m to HBCUs
GlobalThe Guardian · Sep 23, 2025

Philanthropist MacKenzie Scott donates $70m to HBCUs

The gift, one of Scott’s largest single donations, will help UNCF build a $370m pooled endowment for its 37 HBCUs Billionaire philanthropist MacKenzie Scott has donated $70m to the UNCF, as the nation’s largest private p

Virginia woman donates $150,000 Powerball prize to charity: ‘I needed to give it all away’
GlobalThe Guardian · Sep 21, 2025

Virginia woman donates $150,000 Powerball prize to charity: ‘I needed to give it all away’

Carrie Edwards, a widow and grandma, gave the money to dementia research, food access and aid for military families Carrie Edwards of Virginia wasn’t the big winner when she won $150,000 playing the Powerball recently –

Malcolm-Jamal Warner’s widow launches philanthropic organizations in his honor
GlobalThe Guardian · Sep 15, 2025

Malcolm-Jamal Warner’s widow launches philanthropic organizations in his honor

Tenisha Warner reveals identity as she starts two initiatives to support children on behalf of late actor and singer The widow of actor and singer Malcolm-Jamal Warner has announced the launch of two philanthropic organi

A nonprofit bought a grocery market to fund survivor recovery—can the model deliver?
GlobalNonProfit Quarterly · Oct 22, 2026

A nonprofit bought a grocery market to fund survivor recovery—can the model deliver?

Can a conventional business successfully become part of a nonprofit’s mission infrastructure, generating income while also helping communities?

Philanthropy Australia Conference 2026
OceaniaAlliance Magazine · Oct 22, 2026

Philanthropy Australia Conference 2026

More than 1,000 funders, changemakers and sector leaders gathered in Brisbane this September for the Philanthropy Australia Conference 2026, a five-day program designed to spark connection, share bold ideas and strengthe

A shift in Australian philanthropy: international giving is no longer a hard sell
OceaniaAlliance Magazine · Oct 22, 2026

A shift in Australian philanthropy: international giving is no longer a hard sell

The 2026 Philanthropy Australia Conference gave a good sense of where the sector is heading. Across the conference, there was growing recognition that global giving is not a niche topic but increasingly part of Australia

Does Australia have a philanthropy problem or a belonging problem?
OceaniaAlliance Magazine · Oct 22, 2026

Does Australia have a philanthropy problem or a belonging problem?

Philanthropy Australia’s conference is always a highlight on the Australian International Development Network’s (AIDN) calendar. Shortly after the 2016 Philanthropy Australia conference in Sydney, AIDN’s founders, Mark C

LANDBACK and protecting the Black Hills should be a priority this campaign season
GlobalNonProfit Quarterly · Oct 22, 2026

LANDBACK and protecting the Black Hills should be a priority this campaign season

The Black Hills Restoration Act is being drafted by tribes ask Congress to relinquish control of the federal public lands in the Black Hills back to the Lakota people.

How environmental groups fight back against Trump’s attack on ESA
GlobalNonProfit Quarterly · Oct 21, 2026

How environmental groups fight back against Trump’s attack on ESA

Under the Trump Administration, the Endangered Species Act is facing dramatic deregulation.

Medicare, Medicaid, and the underinvestment in community life
GlobalNonProfit Quarterly · Oct 21, 2026

Medicare, Medicaid, and the underinvestment in community life

Why community living supports offered by CBOs and caregivers must be funded as a durable public commitment by philanthropy and government programs such as Medicaid and Medicare.

Domestic violence awareness is not enough—philanthropy must invest in survivor justice
GlobalNonProfit Quarterly · Oct 21, 2026

Domestic violence awareness is not enough—philanthropy must invest in survivor justice

October is Domestic Violence Awareness Month. While awareness is critical, Kavita Mehra, executive director of Sakhi for South Asian Survivors points to the fact that philanthropy needs to go beyond awareness and commit

AI nationalization is a bailout wearing a populist costume
GlobalNonProfit Quarterly · Oct 20, 2026

AI nationalization is a bailout wearing a populist costume

Far from being a “nationalization” model, AI equity proposals will reward whoever holds the stock and whoever gets advance word—not the public at large.

The miseducation of the US: How America learned to misread itself
AmericasNonProfit Quarterly · Oct 20, 2026

The miseducation of the US: How America learned to misread itself

In 1995, Lauryn Hill asked in the song “Ex-Factor,” “Tell me who I have to be, to get some reciprocity.” Nearly three decades later, The Miseducation of Lauryn Hill continues to generate academic scholarship, curricular

From an Atlanta rooftop to a Rhode Island courtroom: The civil society coalition behind the ‘Solar for All’ victory
GlobalNonProfit Quarterly · Oct 19, 2026

From an Atlanta rooftop to a Rhode Island courtroom: The civil society coalition behind the ‘Solar for All’ victory

The EPA’s termination of the Solar for All program raises a crucial question: what happens to the civic infrastructure built around a federal program when the government withdraws its commitment?

The disappearing commons and the role of nonprofits in protecting our third spaces
GlobalNonProfit Quarterly · Oct 19, 2026

The disappearing commons and the role of nonprofits in protecting our third spaces

Third spaces allow us to connect with people we might otherwise never encounter. For this civic and social infrastructure to survive, nonprofits must function as advocates and custodians of such spaces.

International Day for the Eradication of Poverty: Why Ending It Starts at Home
GlobalGlobal Citizen · Oct 17, 2026

International Day for the Eradication of Poverty: Why Ending It Starts at Home

Think about everything your home does for you without you even noticing. It keeps the rain out. It's where you charge your phone, cook dinner, help a sibling with homework, and lock the door at night. If you've ever sat

The Giving Pledge
The Giving Pledge

A Commitment to Give the Majority Away.

Launched in 2010 by Bill Gates, Melinda French Gates, and Warren Buffett, the Giving Pledge invites the world's wealthiest individuals and families to commit the majority of their wealth to philanthropy. Today, 241 signatories in 29 countries have collectively pledged hundreds of billions of dollars.

Visit GivingPledge.org

"If you're in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent."

— Warren Buffett

Every Story Matters

Wealth Is a Tool.
Legacy Is a Choice.

New philanthropic stories are added every day — from billion-dollar foundations to a single nurse changing a community. Check back daily.

Explore Billionaire Profiles