We did not count money put into donor-advised funds. To see daily updated net worths of all Forbes billionaires, please visit the Real-Time . Forbes has started including a "Philanthropy Score" in its annual listings. And as the company that made them billionaires ventures further into the cloud, the Ballmers have pledged at least $59 million to help nonprofits and public sector social service organizations do the same by 2023. Former president Donald Trump was not ranked, since he fell . Another Measure of Conservative Absence at Philanthropy's "Commanding In contrast, hedge fund manager Steve Mandel, whose lifetime giving Forbes estimates at $690 million, has donated more than 20% of his fortune to causes like reversing climate change and education equity. Others declined to comment. We didnt count pledges or announced gifts that have yet to be paid out. 8 Men Own as Much as the Poorest 3.6 Billion People on the Planet. The Chan Zuckerberg Initiative, their philanthropic and advocacy organization, says it has given out $3 billion in grants since it was founded in 2015, backing scientific and medical research, as well as education and criminal justice reform. GRADING THE GIVING This year's Forbes 400. Each score corresponds to a range of giving as a percentage of a persons net worth. A score of 10 is reserved for people who not only grew up poor but overcame significant obstacles in their climb to the top, such as George Soros, who survived the Nazi occupation of his native Hungary before immigrating to the U.S. People like Jeff Bezos and Elon Musk, who came from middle- or upper-middle class families, rank as 8s, while someone who inherited their entire fortune and has done nothing to manage or increase it ranks as a 1. Additionally, we did not give credit to money pledged but not yet given out. Get the latest nonprofit news, funding opportunities, job openings, and more delivered to your inbox with Philanthropy News Digest newsletters. Hughes, who scored a 2 last year, jumped up to a 4. The South Dakota moguls name adorns everything from the 46-hospital Sanford Health system, to which hes donated $1.5 billion, to the Sanford College of Education at National University, which has gotten $500 million from Sanford. }); The most generous billionaires include investor Warren Buffett, financier George Soros, Intel co-founder Gordon Moore, entrepreneur Eli Broad, philanthropist Lynn Schusterman, hedge fund manager Julian Roberston Jr., media mogul Ted Turner, businessman George Kaiser, businessman Amos Hostetter Jr., and hedge fund manager John Arnold. Residence New York, New . Net worths are as of January 18, 2022. Some of The Forbes 400 will get richer or poorer within weeks or even days of publication. French Gates is a newcomer to The Forbes 400 as an individual this year after receiving billions of dollars in stock transfers from her ex-husband, but since their giving remains intertwined, each received a score of 4.
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