• About
  • Contact
Friday, February 26, 2021
Next Big Brand
  • .
  • News
  • Internet
  • Startup
  • OTT
  • Industries
  • FMCG
  • Cryptocurrency
  • Retail
  • Tech
  • Case Study
  • Interview
No Result
View All Result
Next Big Brand
Home News

Jeff Bezos Ranks First Among Top 50 Donors List in 2020: Chronicle Study

Abdul Kadir Khan by Abdul Kadir Khan
February 17, 2021
in News
3 min read
0
Jeff Bezos to Step Down as CEO of Amazon Later This Year

Jeff Bezos CEO Amazon

Share on FacebookShare on Twitter

The year 2020 is known as one the most difficult year for individuals, organizations, continents, and the human being as a whole. Charitable trusts and some of the known philanthropists have donated generously to bring a balance to society.

Foods, donations for poor children’s studies, sponsoring the medical causes for lower grade people are some of the known areas where help has reached, according to the Chronicle of Philanthropy’s annual rankings of the 50 Americans who gave the most to charity last year.

There is another major cause that needs special attention from philanthropists: Climate change. Jeff Bezos, the founder of Amazon, ranks first among the people and organizations who did charity. As a whole, he has donated $10 billion through his charitable trust Bezos Earth Fund for a better life. He is also the first person to touch the $200 billion wealth mark in 2020.

Bezos and His Ex-Wife Leads the Chart of Donors

When Bezos step down from the CEO post recently, he told the world that he wants to focus more on philanthropy activities. He also donated $100 million to Feeding America, an organization that provides food to the needy. Bezos also topped the chart in 2018 among top donors.

Bezos’s wife, MacKenzie Scott is the 2nd biggest donor of 2020. She gave $6.7 billion for food banks, racial justice issues, and human services.

Racial injustice is one of the burning issues. Jack Dorsey, Twitter CEO, donated $1.1 billion for the same cause. He ranks 5th among the top donors of 2020. Michael Jordan, a basketball star, also donated $50 million for the racial justice causes, as per a chronicle study.

Twitter CEO and Co-founder Jack Dorsey contributed the maximum to the racial justice cause

Nick Tedesco, president of the National Center for Family Philanthropy said:

“When I look at the events of the last year, there was an awakening for the philanthropic sector. Donors supported community-led efforts of recovery and resiliency, particularly those led by people of color.”

Experts also believe that in the future philanthropy activities will attract more people.

Melissa Berman, president of Rockefeller Philanthropy Advisors says:

“I don’t think this approach is just a 12-month moment that started with COVID and continued following George Floyd and is going to recede. There has been change building among private donors.”

Top Donors and Total Donations in 2020

Overall, the top 50 donors gave $24.7 billion in 2020. If we compare this number with 2019, the donation is increased by $9 billion from the total donation of $15.8 billion in 2019.

Surprisingly, many donors are not that rich but still they donated to the cause, like Gordon Rausser, teaching staff at the University of California.

The Chronicle list is based on deep research conducted with donors, beneficiaries, and the public domain data.

Michael Bloomberg is the 3rd largest donor with a total amount of $1.6 billion. He mainly contributed to education and public health. Nike shoe owner Phil stands at 4th place with a total donation of $1.4 billion. On the other hand, knight foundation founder Penelope Knight secured the 5th position with a total of $900.7 million contributions.

Elon Musk is heavily criticized for not contributing to the novel cause. As per Vox’s article, he just contributed 0.5% of his total wealth. Donors contributed the maximum to small and mid-level charities. Surprisingly, universities/colleges received only $2 billion from the top 50 donors in 2020.

Previous Post

Tata Group Acquires 68% Stake in Online Grocery Platform Big Basket

Next Post

Ustraa Parent Company Raises Rs 20 Crore from its Existing Investor IIFL

Abdul Kadir Khan

Abdul Kadir Khan

Abdul Kadir Khan is a Content Writer at Next Big Brand. Hails from UP. Postgraduate in Computer Science. Content Maniac and Trainer. Love to write about startups, Brands, and Trending Tech.

Related Posts

Apple Leads Global Smartphone Market for First Time Since 2016
News

Apple Leads Global Smartphone Market for First Time Since 2016

February 26, 2021
Infra.Market Raise $100 Million to Join Unicorn Club
News

Infra.Market Raise $100 Million to Join Unicorn Club

February 26, 2021
Justdial Launches JD Mart, an Exclusive B2B Sellers Platform
News

Justdial Launches JD Mart, an Exclusive B2B Sellers Platform

February 25, 2021
Innovaccer Joins Unicorn Club with a Fresh Funding of $105 Million
News

Innovaccer Joins Unicorn Club with a Fresh Funding of $105 Million

February 25, 2021
Aditya Birla Fashion Partners with Tarun Tahiliani for Men’s Ethnic Wear
News

Aditya Birla Fashion Partners with Tarun Tahiliani for Men’s Ethnic Wear

February 24, 2021
India's most ethical companies- NBB
News

Infosys, Tata Steel, and Wipro India’s Most Ethical Companies: Ethisphere Study

February 24, 2021
Next Post
Ustraa Parent Company Raises Rs 20 Crore from its Existing Investor IIFL

Ustraa Parent Company Raises Rs 20 Crore from its Existing Investor IIFL

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RECOMMENDED NEWS

Amitabh Bachchan Is India’s Most Trusted Celebrity: IIHB Study

Amitabh Bachchan Is India’s Most Trusted Celebrity: IIHB Study

4 months ago
JioMart Nationwide- Next Big Brand

Reliance Launches JioMart Nationwide After Pilot Run In Mumbai

9 months ago
Disney+- Next Big Brand

Disney Plus Surpasses 50 Million Subscribers After Global Launch

11 months ago
Shopclues pursuing an eleventh hour buyout from Snapdeal to stay afloat

Shopclues pursuing an eleventh hour buyout from Snapdeal to stay afloat

2 years ago

FOLLOW US

  • 27.8k Fans

BROWSE BY TOPICS

2018 League amazon Amazon Great Indian Sale Amazon Prime Apple Apple Inc Automobile Industry Balinese Culture Bali United Budget Travel Champions League Chopper Bike Doctor Terawan facebook Facebook app future group hotstar Indian OTT Platforms Indian Smartphone Market Istana Negara Jio Market Stories Maruti Suzuki National Exam Netflix Netflix India Netflix Originals oppo OTT OYO Realme Reliance Industries Limited Reliance Jio RIL Samsung Tata Motors Tiktok TikTok India TikTok Videos Visit Bali Vivo whatsapp Xiaomi Xiaomi India YouTube
Next Big Brand

We Talk About Brands

Follow us on social media:

Recent News

  • Apple Leads Global Smartphone Market for First Time Since 2016
  • Infra.Market Raise $100 Million to Join Unicorn Club
  • Justdial Launches JD Mart, an Exclusive B2B Sellers Platform

Instagram

Follow Me!

Latest News

Apple Leads Global Smartphone Market for First Time Since 2016

Apple Leads Global Smartphone Market for First Time Since 2016

February 26, 2021
Infra.Market Raise $100 Million to Join Unicorn Club

Infra.Market Raise $100 Million to Join Unicorn Club

February 26, 2021
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • DMCA Policy
  • Our Team
  • Contact Us
  • Sitemap

© 2019 NBB. All Rights Reserved.

No Result
View All Result
  • .
  • News
  • Internet
  • Startup
  • OTT
  • Industries
  • FMCG
  • Cryptocurrency
  • Retail
  • Tech
  • Case Study
  • Interview

© 2019 NBB. All Rights Reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.