Seeing billionaires give away a big chunk of their wealth to charities is a rare phenomenon, but when it happens it is definitely a heartwarming and hope-giving one. Enter billionaire co-founder of Home Depot Bernie Marcus, who has recently pledged to give 80 to 90 percent of … [Read more...] about Home Depot CEO pledges to donate nearly 90% of his fortune to charity
Philanthropy
Leonardo DiCaprio co-founds new environmental initiative Earth Alliance
Leonardo DiCaprio has recently stepped up his climate activism game by partnering with billionaire investors and philanthropists to create a new non-profit with the main target of battling climate change. Called the Earth Alliance, the organization is essentially joining the … [Read more...] about Leonardo DiCaprio co-founds new environmental initiative Earth Alliance
Pink Floyd frontman’s guitar auction nets $21 million for climate action group
As if former Pink Floyd frontman David Gilmour wasn’t already enough of a legend, the guitarist has just donated $21 million to a climate action group after selling 126 of his guitars in a record-breaking auction in New York. One of those guitars included the iconic black … [Read more...] about Pink Floyd frontman’s guitar auction nets $21 million for climate action group
Michael Bloomberg to spend $500M to close all coal-fired plants in America
While donations for the restoration of the Notre Dame cathedral approached tens of billions of dollars in just a couple of days, many have condemned the lack of similar major donations from the rich in response to the emergency of climate change. Cue former New York City … [Read more...] about Michael Bloomberg to spend $500M to close all coal-fired plants in America
Must see: Billionaire stuns grads by promising to pay off their student loans
Student debt in America is no joke. As of now, there are more than 44 million borrowers who collectively owe a mind-boggling $1.5 trillion in student loan debt in the U.S. alone. Fortunately for the 396 college seniors that make up the graduating class of Morehouse College, they … [Read more...] about Must see: Billionaire stuns grads by promising to pay off their student loans