Three philanthropy scholars discuss several trends in giving by the wealthiest Americans highlighted in this yearly report. Among them: Much of this money doesn’t go to charities right away.
Granger, who died in December 2023, is credited with making avocado toast fashionable. Little did he know that his lasting legacy would inspire a meme that symbolized generational tension.
The World Economic Forum was once about spreading wealth. But in the past three years, the wealth of the world’s top five billionaires has more than doubled while 60% of humanity has grown poorer.
Climate change and the nuclear threat are raising concerns about our planet’s future ability to support human life. If we launch a species survival mission, who should go?
If we want fewer accidents, we may want to consider how we as a society value risk-taking and safety regulations rather than blaming it on individuals.
Effective altruism, often called ‘EA,’ is closely linked to utilitarian philosophy and calls for donors to carefully scrutinize whether their giving makes an impact.
The hefty sums many billionaires give away place them in an age-old debate about wealth and charity – and whether it’s appropriate for donors to have a say over their wealth from the grave.
Yvon Chouinard, his wife and their two adult children have given the company he founded away. From now on, its profits will fund climate and conservation work.
Yvon Chouinard’s gift is unusual due to its structure but is also part of a trend. Many billionaires and large foundations are now funding these causes.
Professor of Management & Organizations; Professor of Environment & Sustainability; Professor of Sustainable Enterprise at the Ross School of Business and School of Environment and Sustainability, University of Michigan