Articles on Billionaires

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The skyline in Shenzhen, the city that is home to many of China’s largest tech companies. asharkyu/Shutterstock

Is life getting better for China’s tech billionaires?

Having navigated a government crackdown on billionaires, tech tycoon Pony Ma is once again the richest person in China. Could spring be coming for the country’s private sector?
Penny Knight and Phil Knight were the second-largest givers of 2023. Michael Hickey/Getty Images

Donations by top 50 US donors fell again in 2023, sliding to $12B − Mike Bloomberg, Phil and Penny Knight, and Michael and Susan Dell led the list of biggest givers

Three philanthropy scholars discuss several trends in giving by the wealthiest Americans highlighted in this yearly report. Among them: Much of this money doesn’t go to charities right away.
Bill Gates and Warren Buffett were two of the year’s biggest three donors. AP Photo/Nati Harnik

Donations by top 50 US donors dropped sharply to $16 billion in 2022 – Bill Gates, Elon Musk, Mike Bloomberg and Warren Buffett lead the list of biggest givers

As giving receded to pre-pandemic levels, most of these gifts were designated for foundations, higher education, hospitals and medical research.

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