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.
Philanthropy
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.
Billionaire John Arnold funds $2.6 million study into the health risks of sports betting
Billionaire John Arnold's foundation has awarded $2.6 million to 12 universities and think tanks studying how online sports betting harms users.