Top 4 American Entrepreneurs Who Give Back To The Community
According to an Ernst & Young survey, 89% of entrepreneurs said that they donate to charity. An additional 70% invest their time in charitable activities.
While there are many such people, we handpicked the top four American entrepreneurs who have created a milestone in philanthropy and present them here in no particular order.
So, let’s take a look at who they are.
Warren Buffett is one of the wealthiest and greatest entrepreneurs of all time. He is the chairman of Berkshire Hathaway, a leading insurance and investment company.
Buffett donates around $1 billion each year to several charities, but he broke his personal record last year when he donated a whopping $2.8 billion to the Bill and Melinda Gates Foundation and various other charities.
He donates to charities in several areas, such as:
– Agricultural development
– Improving the well being of girls and women
– Economic and educational programs
– Early-childhood education.
Marc Benioff is a billionaire entrepreneur and founder of the popular CRM software company, Salesforce.
He has donated over $73 million to several non-profits and as grants to social entrepreneurs over the years through the Salesforce Foundation.
Also, around 23,000 nonprofits have received Salesforce software at a cost-effective price or for free.
Benioff himself donates to the UCSF Foundation to help them continue researching and treating at the UCSF Children’s Hospital.
He has recently donated over $100 million to the foundation to help build the hospital’s new home at the UCSF campus in Mission Bay.
Oprah Winfrey is a media mogul and famous for her epic talk show, the Oprah Winfrey Show.
She is a billionaire entrepreneur and donates to several non-profits through her foundations, the Oprah Winfrey Angel Network and the Oprah Winfrey Charitable Foundation.
Winfrey mostly donates to charities for education, including programs that support African-American students and arts and culture.
Some of the notable donations she has made are:
– $12 million to the Smithsonian’s National Museum of African American History and Culture
– $40 million in operating support for the Oprah Winfrey Leadership Academy in South Africa
– $2.5 million to The National Council of Negro Women
Amin Khoury is one of the few successful entrepreneurs who has reached their eighth decade and is still going strong.
He is a leading philanthropist and the founder and chairman of the aircraft component manufacturing and logistics giant, B/E Aerospace.
Khoury and his wife, Julie Khoury, support four charities and public institutions, namely:
– The Raymond F. Kravis Center for the Performing Arts
– The Biomotion Foundation
– The Scripps Research Institute
– Northeastern University
The couple also donates their time, funds and talents to other charities, such as the Dana Farber Cancer Center, their home church and multiple honor societies.