Australian billionaire Nicola Forrest makes $360 million gift to her charity
Nicola Forrest, ex-wife of Fortescue founder Andrew Forrest, has given A$520 million in cash and shares to her Coaxial Foundation, one of Australia’s largest gifts.
Philanthropy
Burkinabè billionaire Idrissa Nassa's Coris Bank donates $178,000 to children of fallen soldiers
Idrissa Nassa's Coris Bank International has given 100 million CFA francs to Burkina Faso's government to support children of soldiers and volunteers killed in action.
Hedge fund billionaire Ken Griffin gives record $3 billion to Carnegie Mellon
Ken Griffin is giving Carnegie Mellon $3 billion, the largest individual gift in higher education history, with $2 billion for a new Miami campus.
Billionaire oil tycoon Harold Hamm gives $150 million to study the disease he has
Harold Hamm has given the University of Oklahoma $150 million, the largest gift in its history, to fund healthcare and diabetes research.
Billionaire Michael Jordan opens a $250,000 media studio at Morehouse College
Morehouse College opened its Multimedia Centre on Sept. 23, built with more than $1 million from Michael Jordan and his Jordan Brand.
South African tycoon Chris Seabrooke donates $12.6 million to Wits University in Sabvest shares
The Seabrooke Family Trust donated 1.4 million Sabvest Capital shares worth R204.4 million to the Witwatersrand University Foundation.
Billionaire Phil Knight gives another $1 billion away as Nike shares sit near their lows
Phil and Penny Knight are giving $1 billion to Providence St. Vincent in Oregon to build the state's first women's specialty hospital.
Coinbase's billionaire founder Brian Armstrong says philanthropy is 'net negative'
Brian Armstrong is worth around $9 billion and will not start a foundation. Charities get "captured by ideology," he says, and philanthropy is often image repair, naming Bill Gates, whose foundation is among Africa's largest health funders.
MacKenzie Scott has now given more than $1 billion to historically Black colleges
MacKenzie Scott has given more than $1 billion to historically Black colleges since 2020, all of it unrestricted, part of $26 billion in donations.
Billionaire Jamie Dimon and his wife Judith give $12 million to 12 Black colleges
The JPMorgan chief and his wife, Judith, have donated $12 million to 12 historically Black colleges through their foundation and the United Negro College Fund.
Billionaire Bill Ackman pledges $400 million to brain research after his daughter's stroke
Bill Ackman and Neri Oxman have founded the Ackman Oxman Institute with $400 million in Pershing Square shares, after his daughter's stroke.
South African billionaire Johann Rupert is funding title deeds for poor households
Johann Rupert has donated to and recapitalised Khaya Lam, which has transferred more than 21,000 title deeds to poor South African households.
Late Home Depot billionaire Bernie Marcus's foundation funds a $28.7 million heart trial
The Marcus Foundation has given $28.7 million to USC for a stem cell trial to regenerate heart muscle destroyed by heart attacks.
Hedge fund billionaire Bill Ackman commits $260 million to brain institute after daughter's hemorrhage
Hedge fund billionaire Bill Ackman's foundation is spending $260 million on two Manhattan buildings to house a brain research institute.
Billionaire Folorunso Alakija unveils six books at Lagos thanksgiving marking her 75th birthday
Nigerian oil magnate Folorunso Alakija unveiled six books on marriage and faith at a thanksgiving service marking her 75th birthday in Lagos.
Malawian billionaire Thom Mpinganjira says he built cancer hospital to save lives, not profit
Malawi's first billionaire, Thomson Mpinganjira, says he built the country's only radiotherapy cancer hospital to spare patients costly treatment abroad, not to profit.