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Warren Buffett Donates $5.3B In Berkshire Hathaway Stock To Charity—His Largest Annual Gift
December 18, 2024
Warren Buffett, the chairman and CEO of Berkshire Hathaway, has donated $5.3 billion worth of Berkshire stock to five charitable organizations, including the Bill & Melinda Gates Foundation and four family charities, marking his largest annual donation since he began his philanthropic campaign in 2006. Mega donation The donation comprises approximately 13 million Berkshire Class …
Jeff Bezos Donates Another $110 Million To Combat Homelessness
The grants come at a time of rising homelessness–especially among families. Amazon founder Jeff Bezos, the world’s third-richest person, and his partner Lauren Sánchez announced $110.5 million in new grants to nonprofits working to end homelessness for families from his Day 1 Families Fund, the organization announced on Tuesday. This round of donations marks the Day 1 Families …
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LVMH Billionaire Bernard Arnault Receives Malcolm S. Forbes Lifetime Achievement Award
Bernard Arnault, chairman and CEO of LVMH Group, received the Malcolm S. Forbes Lifetime Achievement Award at the Forbes Global CEO Conference 2024 on Wednesday in Bangkok. The award recognizes a lifetime of achievement and is a celebration of the global business success bestowed upon an individual who embodies and exemplifies the ideals of entrepreneurship …
Intel CEO Pat Gelsinger Retires Amid Silicon Valley Firm’s Rut
Intel’s chief executive officer retired effective immediately, the legacy Silicon Valley stalwart announced Monday, a shakeup that follows an extended period of stock market underperformance for the semiconductor chipmaker. Key facts Big number -53%. That’s how much Intel stock returned during Gelsinger’s 3.5-year tenure as the chipmaker’s top executive. The benchmark S&P 500 stock index …
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How The Women On The Forbes Power List Defined 2024
From philanthropist Melinda French Gates to Mexican president Claudia Sheinbaum, the world’s 100 most powerful women command a collective $33 trillion in economic power and influence more than 1 billion people. After Claudia Sheinbaum took the oath of office as Mexico’s president in October, a historic cheer filled the congressional chamber: “Presidenta! Presidenta!” Sheinbaum, 62, is …
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