American philanthropist Andrew Carnegie once said:
“No man can become rich without himself enriching others. The man who dies rich dies
disgraced.” Many
successful businessmen think about sharing and giving back to their
community at some point in their lives, and engage in philanthropy. Some
say it is out of generosity, and others believe that it is for tax
reasons. One way or another, the money spent for charitable purposes is
needed and has some type of impact on someone’s life. The following
businessmen believe that sharing is caring. They have donated a combined
amount of $106.8 billion according to research firm
Wealth-X.
20. Dietmar Hopp
German IT entrepreneur Dietmar Hopp co-founded SAP, the famous
software company. Through his foundation called Dietmar Hopp Stiftung,
he donated a total of $1 billion to support local education, sports, and
health causes in his hometown in Germany. He is worth $6.3 billion
19. Pierre Omidyar
Pierre Omidyar, the French-Iranian-American businessman is the
co-founder and current chairman of eBay. In 1998, he started the Omidyar
Foundation with his wife. The organization donates to several causes
including entrepreneurship, food, technology and energy. In 2015,
Omidyar reportedly donated $270 million worth of his eBay shares to
undisclosed charity. So far, he has given away an estimated $1 billion
dollars
18. Michael Dell
The chairman and CEO of the computer manufacturer, Dell, likes to
support education, social and human services, arts and culture, and
community development causes. According to Wealth-X, his lifetime
donations are estimated at $1.1 billion. His foundation pledged to
donate $25 million to build a 211-bed hospital in Austin, Texas.
17. James Simons
James Simons is the chairman of Renaissance Technologies, a very
successful hedge fund that owns $65 billion in assets. With his wife
Marilyn, he opened the Simons Foundation, which primarily supports
educational causes. They have also opened two other organizations in
memory of their two sons who died in 1996 and in 2003: the
Paul Simons Foundation and the
Nick Simons Foundation. Altogether, the Simons couple has made $1.2 billion worth of donations.
16. Ted Turner
You’ve all heard about American media mogul and philanthropist Ted
Turner. He founded the cable network CNN. In 1997, he donated $1 billion
to the United Nations to promote causes related to women, children’s
health, environment, world peace, and security. His Lifetime donations
reached $1.2 billion.
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