Michael Bloomberg, at 83, was once again the leading donor in the United States, contributing $3.7 billion to various charitable causes in 2024. His donations focused on arts, education, public health, and city improvements, notably including a $1 billion grant to Johns Hopkins to aid medical students. Bloomberg emphasized the importance of giving while alive for personal satisfaction and societal impact, reflecting a broader trend among wealthy individuals, with others like Reed Hastings and Warren Buffett also donating significant amounts.
I've never understood people who wait until they die to give away their wealth. Why deny yourself the satisfaction? I've been very lucky.
Bloomberg gave $3.7 billion to charitable causes in 2024 in support of arts, education, and public health, making him the top donor for the second year.
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