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Generosity Index

In the upper tier of philanthropy, it’s not just about the cause and the gift. It’s about outdoing the other guy. Here is Condé Nast Portfolio’s look at which billionaires are giving the most, relative to their wealth; which are giving the least; and who is refusing to say.

Also see the interactive feature Strange Boardfellows, Q&As with Carl Icahn, Eli Broad, Pierre Omidyar, and Ron Perelman, and read why $10 million isn't what it used to be in the charity game.

 

Warren
1.  Warren Buffett

Age: 78
Company: Berkshire Hathaway
Net worth: $52 billion
2007–2008 giving: None disclosed
2002–2006 giving: $46.1 billion
Family foundation (assets): Susan Thompson Buffett Foundation ($458 million)
2007–2008 political donations: $42,300 (D)
Additional nonprofit board seats: Grinnell College, Bill and Melinda Gates Foundation
Favorite cause: Education
Wealth rank: 2  

 
Bill
2.  Bill Gates

Age: 53
Company: Microsoft
Net worth: $59 billion
2007–2008 giving: $10 million
2002–2006 giving: $3.7 billion
Family foundation (assets): Bill and Melinda Gates Foundation ($38.9 billion)
2007–2008 political donations: $60,900 (D, R)
Notable gift: Large Synoptic Survey Telescope project ($10 million)
Favorite cause: Health care
Wealth rank:

 
Eli
3.  Eli Broad

Age: 75
Companies: SunAmerica, KB Home
Net worth: $7 billion
2007–2008 giving: $609.3 million
2002–2006 giving: $1.15 billion
Family foundation (assets):
Eli and Edythe Broad Foundation ($2 billion)
2007–2008 political ­donations: $107,937 (D)
Notable gifts: Broad Institute ($400 million), Eli and Edythe Broad Foundation ($200 million)
Additional nonprofit board seats: American Patrons of the Tate, Center for the Study of the Presidency, EdVoice, Los Angeles County Museum of Art, Metropolitan Museum of Art, Museum of Contemporary Art, Museum of Modern Art, National Committee of the American Friends of the Israel Museum, School of the Arts and Architecture at the University of California at Los Angeles, Smithsonian Institution, University of Southern California Keck School of Medicine, California Institute of Technology
Favorite causes: Education, arts, science, health care
BONUS FACT: Gives $2 million each year to an exemplary urban school district.
Wealth rank: 46
Read an interview with Eli Broad.

 
George
4.  George Soros

Age: 78
Company: Soros Fund Management
Net worth: $9 billion
2007–2008 giving: $474.6 million
2002–2006 giving: $1.1 billion Family foundation
(Assets): Open Society Institute ($1.3 billion)
2007–2008 political donations: $106,850 (D)
Notable gifts:
Open ­Society ­Institute ($238.6 million), Soros ­Humanitarian Foundation ($230 million)
Additional nonprofit board seats: Central European University Foundation, Drug Policy Alliance
Favorite causes: Poverty, ­education, science, health care
Wealth rank: 33

 
John
5.  John Kluge

Age: 94
Company: Metromedia
Net worth: $9.5 billion
2007–2008 giving: $410 million
2002–2006 giving: $76 million
Family foundation (assets): John W. Kluge Foundation ($63.7 million)
2007–2008 political donations: $2,500 (D)
Notable gifts: Columbia University ($400 million), John W. Kluge Foundation ($2.5 million)
Additional nonprofit board seat: Shubert Foundation
Favorite causes: Education, arts
BONUS FACT: Kluge has given a total of more than $510 million to Columbia University, his alma mater.
Wealth rank: 
31

 
6.  Michael Bloomberg

Age: 66
Company: Bloomberg
Net worth: $11.5 billion
2007–2008 giving: $205 million
2002–2006 giving: $715 million
Family foundation (assets):
Bloomberg Family Foundation ($500 million)
2007–2008 political donations: $7,150 (D, R)
Additional nonprofit board seats: Carnegie Corporation of New York, the New York Public Library, Astor, Lenox, and Tilden Foundations, World Trade Center Memorial Foundation, Coalition of Mayors Against Illegal Guns, Building America’s Future
Favorite causes: Health care, arts
Wealth rank
: 25

 
7.  David Koch

Age: 68
Company: Koch Industries
Net worth: $17 billion
2007–2008 giving: $228 million
2002–2006 giving: $63 million
Family foundation (assets:)
David H. Koch Charitable Foundation ($3.9 million)
2007–2008 political donations: $34,300 (R)
Notable gifts: Lincoln Center ($100 million), M.I.T. ($100 million)
Additional nonprofit board seats: Cato Institute,
Memorial Sloan-Kettering Cancer Center, Prostate Cancer Foundation, Reason Foundation
Favorite causes: Health care, arts
Wealth rank: 9

 
8.  Pierre Omidyar

Age: 41
Company:
eBay
Net worth:
$8.9 billion
2007–2008 giving:
$109 million
2002–2006 giving:
$549 million
Family foundation (assets): Omidyar Network ($284 million)
2007–2008 political donations:
$19,200 (D)
Notable gifts:
Omidyar Network, HopeLab, Humanity United
Additional nonprofit board seats:
Omidyar-Tufts
Microfinance Fund, Roshan Cultural Heritage Institute, Santa Fe Institute, Tufts University
Favorite causes:
Poverty, education, science, health care
Wealth rank:32
Read an interview with Pierre Omidyar.

 
9.  George Kaiser
Age: 66
Company: BOK Financial
Net worth: $11 billion
2007–2008 giving: None disclosed
2002–2006 giving: None disclosed
Family foundation (assets): George Kaiser Family
Foundation ($2.9 billion)
2007–2008 political ­donations: $32,600 (D, R)
Additional nonprofit board seats: Art Alliance for
Contemporary Glass, Columbia St. Mary’s Foundation, Renee F. Neuwald Foundation
Wealth rank: 26  
10.  Michael Dell

Age: 43
Company: Dell
Net worth: $17.2 billion
2007–2008 giving: None disclosed
2002–2006 giving: $674 million
Family foundation (assets): Michael and Susan Dell
Foundation ($1.3 billion)
2007–2008 political donations: $44,000 (D, R)
Favorite causes: Education, health care
Wealth rank: 8

 
 

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