Philanthrophy

LA billionaire to donate $400 mln for genomics-based research

September 6, 2008 4:59 pm

– Los Angeles billionaire Eli Broad announced Thursday that he will donate an additional 400 million dollars to the genomics research institute named after himself, in hopes that genomics-based medicine ... Read more »

Microsoft billionaire Gates joins £190m bid to stub out smoking

July 25, 2008 10:51 am

Mr Gates is teaming up with fellow billionaire philanthropist Michael Bloomberg, the mayor of New York, to fight tobacco use in developing countries, where it is most entrenched. The two ... Read more »

Billionaire Koch pledges $100 million to Lincoln Center theater, which will be named for him

July 10, 2008 6:10 pm

Billionaire oil baron David Koch has pledged $100 million to renovate the New York State Theater at Lincoln Center.The theater, home to City Opera and the New York City Ballet, ... Read more »

Asian American billionaire gives to inspire charity in others

June 15, 2008 2:26 pm

Steel magnate Cyrus Tang, once described by an Asian American news website as “the most secretive of Asian American billionaires in America,” recently spoke about his philanthropy to a reporter ... Read more »

Arpad Busson, a hedge fund ‘hippy’

May 19, 2008 12:01 pm

  ARPAD BUSSON was 10 minutes late. As the 44-year-old financier (who is also actress Uma Thurman’s boyfriend) hobbled through the door of his Mayfair boardroom, it became apparent why. ... Read more »

How one RRSP became a gold mine

April 5, 2008 12:27 pm

Billionaire philanthropist Seymour Schulich, known best for his love of gold and huge donations to universities, has become a national treasure. So, it would seem, has his RRSP: It is ... Read more »

Leonard Lauder’s Beautiful Donation

March 23, 2008 5:27 pm

Giving may be a beautiful thing, but giving $131 million is even more beautiful. In fact, it’s the most beautiful gift the Whitney Museum of American Art, in New York ... Read more »

Schwarzman gives $100 million to the N.Y. public library

March 11, 2008 11:11 am

  The New York Public Librarys venerable lion-guarded building on Fifth Avenue at 42nd Street is to be renamed for the Wall Street financier Stephen A. Schwarzman, who has agreed ... Read more »

Stars perform with Desert Symphony

March 9, 2008 5:03 pm

Musician John Tesh, local billionaire-philanthropist Tim Blixseth and R&B singer Eric Benet were the star attractions at the 20th anniversary celebration for the Desert Symphony at the McCallum Theater. Musician ... Read more »

An elusive billionaire gives away his good fortune

4:58 pm

   One by one, speakers rose to toast the elderly gent with baggy pants and a shy, gaptoothed smile. “Of course, he didn’t wear a tie tonight,” teased one. Another ... Read more »

Billionaire Helps An Indian Archer Aim for Olympics

March 7, 2008 12:01 pm

At the Athens Olympics in 2004, steel magnate Lakshmi Mittal, like millions of other Indian sports fans, was distressed: There was hardly anyone to cheer for. Though India is a ... Read more »

Schwarzman sponsors poor students in Bronx

March 1, 2008 3:03 pm

this is truly beautiful and smart way to help people,  way to go Steve! —————-  It isn’t often that Stephen A. Schwarzman admits to being less than the best. ... Read more »

Perelman Gives From Heart

February 28, 2008 10:51 pm

In an exclusive interview, billionaire financier Ron Perelman discusses his $ 50 million gift to the medical community today, with CNBC’s Sue Herera. watch the video published by CNBC here: http://www.cnbc.com/id/15840232?video=667549834

Cosmetics mogul donates $50 million to New York hospital

7:00 pm

Revlon Inc. cosmetics magnate Ronald O. Perelman has donated $50 million to enhance heart care and reproductive medicine research at a Manhattan hospital and affiliated medical college.The gift to NewYork-Presbyterian ... Read more »

James Simons Donates $60M To SUNY for Physics Center

2:38 pm

A  billionaire hedge fund manager and his wife are donating $60 million to the State University of New York at Stony Brook to fund a center for the study of ... Read more »

Billionaire Feeney summons Brisbane brains for powwow

February 25, 2008 1:57 pm

A GROUP of Queensland’s sharpest minds has been summoned to the US next month for an audience with billionaire Irish American philanthropist Chuck Feeney, the man who has bankrolled much ... Read more »

Soros, Omidyar, Google.org set up India venture

February 20, 2008 9:30 pm

The philanthropic units of billionaire investor George Soros and Google have put $17 million into a venture with the Omidyar network to fund small and medium enterprises in India, they ... Read more »

Financier Pledges $1-Billion to Foundation; Main Goal Is to Promote Economic Security

February 15, 2008 9:02 pm

Peter G. Peterson, the private-equity titan, has announced plans to give at least $1-billion over the next several years through his newly created foundation, which will focus on calling public ... Read more »

Scotland’s schools stuck in Victorian age, claims billionaire

February 6, 2008 12:44 pm

SCOTLAND’S richest man last night branded the country’s education system “Victorian” and claimed both private and public schools were unable to provide for its gifted children. Sir Tom Hunter, who ... Read more »

Inventor, philanthropist Sorenson leaves personal fortune to charity

February 5, 2008 1:51 pm

  Inventor and philanthropist James LeVoy Sorenson, who died Jan. 20, bequeathed his considerable personal fortune to charity.     His oldest son, James Lee Sorenson, declined Monday to assign a ... Read more »

Billionaire’s $100m gift to poor indigenous

January 31, 2008 7:18 pm

THE Gold Coast’s own billionaire, Clive Palmer, has thrown down the gauntlet to resource giants with a bold move to give indigenous communities a $100 million dividend from his back ... Read more »

Buffett gives stock worth $14.31 million

January 27, 2008 4:27 pm

Billionaire Warren Buffett has donated stock in his company worth roughly $14.31 million Friday to several charities over the past six months.  Buffett disclosed six different donations of Class B ... Read more »

Most-generous donors contributed $7.3-billion in 2007

January 25, 2008 6:59 pm

Twenty donors made gifts of $100-million or more last year, just shy of the record of 21 such gifts made in 2006, according to The Chronicle’s annual ranking of the ... Read more »

Bill Gates new project: Farming

5:40 pm

Microsoft billionaire Bill Gates announced a new direction Friday as he pledged $306 million in grants to develop farming in poor countries, leading the charge for corporate responsibility at ... Read more »

Cohen Pledges $50 Million to Children’s Hospital

10:55 am

Despite fears of recession looming, the hedge fund manager Steven A. Cohen doesn’t seem to be hurting too much. The head of SAC Capital and his wife, Alexandra, pledged $50 ... Read more »

Hospital to be named after Steven Cohen

January 22, 2008 4:39 pm

NY Presbytarian hospital is planning to build a $50 million pediatric emergency room at its Morgan Stanley Children’s Hospital in Washington Heights.The new facility will bear the name of Alexandra ... Read more »

Huntsman No.2 on list of philantropists

January 16, 2008 6:56 pm

  Jon M. Huntsman Sr. gave away enough money in 2007 to earn him a spot as No. 2 among the nation’s top 50 givers.In a list compiled by Washington’s ... Read more »

Bloomberg gave $205 million to charity in 2007

January 15, 2008 7:10 pm

Mayor Michael Bloomberg donated $205 million to 1,100 nonprofits last year, an increase of tens of millions of dollars from previous years, according to a new ranking. The billionaire ranked ... Read more »

Tycoon tells of lessons he learnt from mum: philantrophy

January 11, 2008 5:56 pm

Tycoon Tan Sri Syed Mokhtar Al-Bukhary, who received the national Tokoh Maal Hijrah award yesterday for his contributions to Islam, shared the secret of his financial and philanthropic success. ... Read more »

Melinda Gates $100 billion woman

January 8, 2008 11:10 am

Years before Melinda French met and married Bill Gates, she had a love affair - with an Apple computer. ¶ She was growing up in Dallas in a hard-working ... Read more »

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