Giving Pledge
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.
Larry Ellison Pledges 95% of His $350 Billion Fortune to Philanthropy: Inside the Oracle Co-Founder's Giving Journey
Sep 26, 2025 01:36 pm CST
Oracle co-founder Larry Ellison, currently the world's second-richest person with a $350 billion fortune, has committed to donating 95% of his wealth through the Giving Pledge. His philanthropic efforts include establishing the Ellison Institute of Technology in partnership with Oxford University and making significant donations to medical research, though his philanthropic journey has faced some implementation challenges.