charitable giving
Elon Musk's $474 Million Philanthropy in 2024: Where His Billions Are Going
Nov 20, 2025 02:17 am CST
In 2024, Elon Musk's foundation distributed a record $474 million, with the majority directed to his own nonprofit organizations. Despite this substantial giving, these donations represent only a fraction of his $434.6 billion net worth. The foundation now controls $14.7 billion in assets, surpassing many established philanthropic institutions while operating with minimal staff and focusing primarily on STEM education and donor-advised funds.
Warren Buffett to Donate $149 Billion in Berkshire Stock as He Steps Down as CEO
Nov 11, 2025 05:39 pm CST
Billionaire Warren Buffett announces retirement as Berkshire Hathaway CEO while pledging to donate his remaining $149 billion in company stock to charitable foundations. The 94-year-old investment legend will be succeeded by Gregory Abel after year-end, maintaining optimism about the company's future while expressing concerns about currency devaluation and trade policies.