{"id":56291,"date":"2020-06-04T01:57:37","date_gmt":"2020-06-03T23:57:37","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=56291"},"modified":"2020-06-04T01:57:37","modified_gmt":"2020-06-03T23:57:37","slug":"what-the-50-richest-americans-have-given-for-covid-19-relief","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/what-the-50-richest-americans-have-given-for-covid-19-relief\/","title":{"rendered":"What the 50 richest Americans have given for Covid-19 relief"},"content":{"rendered":"
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A Washington Post survey of the nation\u2019s 50 wealthiest people and families, who have a collective net worth of nearly $1.6 trillion, found that their publicly announced donations toward covid-19 relief efforts amount to about $1 billion, which is less than .001 percent of their vast personal wealth.<\/p>\n<\/div>\n

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More than half of these billionaires have publicly donated cash and a few say they have given something \u2014 money or in-kind contributions \u2014 but declined to specify how much. But almost a third \u2014 fifteen of them \u2014 have not announced any donations and declined to comment or did not reply to requests for comment.<\/p>\n<\/div>\n<\/section>\n<\/div>\n

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Here is what America\u2019s richest individuals have publicly announced about their giving to relief efforts during this unprecedented health and economic crisis, and what these figures equate to for the median American donor:<\/p>\n<\/div>\n

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\"Jeff
Jeff Bezos: $100 million publicly donated<\/figcaption><\/figure>\n<\/div>\n
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Jeff Bezos<\/b><\/p>\n<\/div>\n

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NET WORTH: $143.3 billion<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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SOURCE OF WEALTH: Amazon<\/p>\n<\/div>\n

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CORONAVIRUS<\/a>\u00a0RESPONSE: The world\u2019s richest man (who owns The Washington Post) declined to comment, according to Amazon spokesman Chris Oster. But a few donations have been reported: $100 million to Feeding America, up to $25 million for All in WA, a statewide relief effort in Washington, and an undisclosed amount to All In Seattle, a local initiative to assist nonprofits. To the median American donor, Bezos\u2019s giving equates to about $85.<\/p>\n<\/div>\n

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His Blue Origins committed to print 3-D face shields for front-line workers, though it didn\u2019t disclose the value of that contribution. Bezos, who has been publicly criticized for not providing enough protective equipment or paid sick leave for Amazon workers, said recently he is using\u00a0$4 billion<\/a>\u00a0in anticipated second-quarter profits for employee safety, higher wages and testing.<\/p>\n<\/div>\n

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\"Bill
Bill Gates: $250 million.\u00a0<\/figcaption><\/figure>\n<\/div>\n
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Bill Gates<\/b><\/p>\n<\/div>\n

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NET WORTH: $103.1 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Microsoft<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE:\u00a0Gates<\/a>\u00a0has been working on infectious disease prevention and research for years. When the covid-19 pandemic hit, the Bill and Melinda Gates Foundation committed about $300 million, which includes global programs to improve detection, isolation and treatment efforts, vaccine research and public health. To the median American, Gates\u2019s giving to date equates to about $283, but that figure will probably rise as the crisis continues.<\/p>\n<\/div>\n

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\u201cOur foundation spends about half its resources on global health issues,\u201d Gates says. \u201cUntil this came along, that was toiling largely in obscurity, which was fine. You know, malaria is not in the rich countries, and neglected diseases are neglected. So we picked that as an area to have huge impact on human welfare .\u2009.\u2009. And so the fact that now people are interested in rich countries, in infectious disease and particular this infectious disease, that\u2019s driven some level of visibility.\u201d<\/p>\n<\/div>\n

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\"Warren
Warren Buffett<\/figcaption><\/figure>\n<\/div>\n
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Warren Buffett<\/b><\/p>\n<\/div>\n

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NET WORTH: $73.4 billion<\/div>\n<\/div>\n<\/div>\n
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SOURCE OF WEALTH: Investments<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: A spokeswoman for Buffett did not respond to requests for comment. Media reports say he lent his private jet to fly N95 masks from China to Mount Sinai Hospital in Manhattan. As part of his Secret Millionaires Club, he appeared in an animated\u00a0public service announcement<\/a>\u00a0for children on how to properly wash their hands.<\/p>\n<\/div>\n

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\"Mark
Mark Zuckerberg has donated $58 million.<\/figcaption><\/figure>\n<\/div>\n
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Mark Zuckerberg<\/b><\/p>\n<\/div>\n

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NET WORTH: $67.2 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Facebook<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: Zuckerberg\u2019s company Facebook is giving $100 million in small business grants. Zuckerberg and his wife, Priscilla Chan, have personally donated $58 million through their Chan-Zuckerberg Initiative, the personal philanthropic organization to which they have pledged 99 percent of their wealth. The $58 million donation includes $25 million to the Gates Foundation for covid-19 research, $13.6 million to study how the disease is spreading in San Francisco, $6 million for education and $750,000 for public communications to support the California governor\u2019s office\u2019s public education campaign and special reporting by \u201cPBS NewsHour,\u201d Univision, and others. To the median American, Zuckerberg\u2019s personal giving for coronavirus relief is the equivalent of $84.<\/p>\n<\/div>\n

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\"Larry
Larry Ellison\u00a0<\/figcaption><\/figure>\n<\/div>\n
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Larry Ellison<\/b><\/p>\n<\/div>\n

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NET WORTH: $65.4 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Oracle<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: Ellison, who hosted a $7 million fundraiser for President Trump in February, is in direct contact with the White House. According to media reports, Ellison encouraged officials to explore hydroxychloroquine as possible treatments for the covid-19. In an interview with Forbes, Ellison said he was working with Oracle engineers and the federal government to develop a database tracking symptoms and treatments. The online portal in conjunction with the Department of Health and Human Services is available for doctors, clinicians and patients who want to report on their work.<\/p>\n<\/div>\n

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There are no reported cash donations from Ellison. A spokeswoman for Oracle declined to comment.<\/p>\n<\/div>\n

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\"Steve
Steve Ballmer: $75 million. (Mark Lennihan\/AP)<\/figcaption><\/figure>\n<\/div>\n
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Steve Ballmer<\/b><\/p>\n<\/div>\n

NET WORTH: $61.8 billion<\/div>\n
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SOURCE OF WEALTH: Microsoft<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: Ballmer, the owner of the L. A. Clippers, and his wife, Connie, have donated $40 million to Detroit, Los Angeles, and Seattle, where they have close ties. Their foundation also gave $35 million in capital to community-based lenders to help local nonprofits access federal Paycheck Protection Program loans. To the median American, Ballmer\u2019s giving equates to about $118.<\/div>\n<\/div>\n<\/div>\n
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\u201cConnie and Steve Ballmer are committed to providing support for immediate and long-term needs of the covid-19 crisis,\u201d says spokeswoman Cynara Lilly. \u201cWe know that while there are urgent needs that must be addressed now, many of the families and kids our philanthropy works to support have been hit hardest by the effects of covid-19, and will need support for many months or years .\u2009.\u2009. In addition to the additional grants being made during this crisis, Ballmer Group Philanthropy has remained consistent, steady, and flexible for grantees \u2014 by keeping existing commitments, moving up payment schedules, and continuing to give operating support \u2014 so that they can continue their critical work.\u201d<\/p>\n<\/div>\n

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\"Larry
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Larry Page<\/b><\/p>\n<\/div>\n

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Sergey Brin<\/b><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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NET WORTH: a combined $112.3 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Google<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: The Google founders, who at the time of this survey ranked seventh (Page, with $57.2 billion) and 11th (Brin, with $55.1 billion) on the list on the Forbes\u2019s list of wealthiest Americans, are well known for their lack of public philanthropy. There are no reports of donations or in-kind gifts and there was no response to requests for comment.<\/p>\n<\/div>\n

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\"Members
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Members of the Walton family (L-R) Rob, Alice and Jim. The Walmart Foundation confirmed a $25 million donation to covid-19 relief.\u00a0<\/figcaption><\/figure>\n<\/div>\n<\/figcaption><\/figure>\n<\/div>\n
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The Walton family<\/b><\/p>\n<\/div>\n

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NET WORTH: $199.5 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Walmart<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: There are five Waltons \u2014 Jim, Alice, Rob, Lukas and Christy \u2014 on the list of America\u2019s 50 richest; their combined net worth is nearly $200 billion. A spokeswoman for the Walmart Foundation confirmed a $25 million donation for organizations coping with the virus: $10 million to food banks, $10 million to local communities and $5 million to prevention and detection. A spokeswoman for the family foundation, a separate entity, said there have been some donations but declined to provide their value. Splitting the $25 million five ways among the Waltons, the Walmart Foundation\u2019s public giving equates to donations ranging from about $8.50 (Jim) to about $52 (Christy) to the median American, depending on each Walton\u2019s personal net worth.<\/p>\n<\/div>\n

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\"Mike
Mike Bloomberg: $75 million.<\/figcaption><\/figure>\n<\/div>\n
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Mike Bloomberg<\/b><\/p>\n<\/div>\n

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NET WORTH: $52.4 billion<\/div>\n<\/div>\n<\/div>\n
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SOURCE OF WEALTH: Bloomberg<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: The former presidential candidate has donated nearly $75 million through his foundation, Bloomberg Philanthropies, for prevention and mitigation strategies, partnering with organizations including the World Health Organization, Johns Hopkins Bloomberg School of Public Health, the National League of Cities and the U.S. Conference of Mayors. For the median American, Bloomberg\u2019s giving equates to about $139.<\/p>\n<\/div>\n

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\"Jeff
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Jeff Bezos and ex-wife MacKenzie Bezos, who has reportedly partnered with a few local initiatives \u2014 including Blue Meridian Partners\u2019 $100 million covid-19 emergency relief fund<\/figcaption><\/figure>\n<\/div>\n<\/figcaption><\/figure>\n<\/div>\n
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MacKenzie Bezos<\/b><\/p>\n<\/div>\n

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NET WORTH: $46.7 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Amazon<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: Bezos has reportedly partnered with a few local initiatives \u2014 including Blue Meridian Partners\u2019 $100 million covid-19 emergency relief fund \u2014 but the amount of her individual contribution is unclear and she did not respond to requests for comment. If Bezos had provided the entire $100 million for the Blue Meridian fund, that would have equated to a donation of about $208 for the median American.<\/p>\n<\/div>\n

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\"Charles
Charles Koch<\/figcaption><\/figure>\n<\/div>\n
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Charles Koch<\/b><\/p>\n<\/div>\n

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NET WORTH: $42.2 billion<\/div>\n<\/div>\n<\/div>\n
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SOURCE OF WEALTH: Business<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: Koch\u2019s foundation, Stand Together, raised $50 million, which was distributed to 87,000 individuals and families affected by the pandemic. Donors to the foundation included Koch family members, although their specific contributions were not disclosed. The foundation has matched the almost $3 million raised by its GoFundMe campaign, #HelpTheHelpers.<\/p>\n<\/div>\n

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\u201cCharles\u2019s significant contributions have helped build our philanthropic community, led by Stand Together, and enabled us to respond to the covid-19 crisis while continuing to address some of the biggest long-term challenges of our time,\u201d according to a Stand Together official. \u201cOver the past several years, Charles has invested over a billion dollars to build these capabilities and organizations to tackle the toughest issues \u2014 including the hardship arising from the current health and economic crisis.\u201d<\/p>\n<\/div>\n

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Julia Koch and family<\/b><\/p>\n<\/div>\n

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NET WORTH: $42.2 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Business<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: The widow of billionaire David Koch now controls his vast fortune. His foundation\u2019s website details contributions to New York-Presbyterian Hospital, research and education, New York and food banks, although there\u2019s no specified amounts disclosed. Koch gave $4 million to WGBH\u2019s \u201cNova\u201d for programming about covid-19. To the median American, Koch\u2019s $4 million in public giving equates to about $9.<\/p>\n<\/div>\n

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\u201cJulia takes a forward-looking approach, rather than reactive,\u201d according to a spokesman. \u201cThe primary goal of Julia and the David H. Koch Foundation\u2019s philanthropy has been to anticipate future needs holistically and provide resources to ensure challenges can be met in extraordinary times like this.\u201d<\/p>\n<\/div>\n

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Elon Musk<\/b><\/p>\n<\/div>\n

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NET WORTH: $36.6 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Tesla<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: The outspoken founder of Tesla was one of the first billionaires to go public in the crisis, announcing he would donate 1,000 much-needed ventilators to hospitals and then convert his workforce to produce more. He actually sent airway pressure machines, which are used for snorers and other light breathing issues rather than coronavirus. Musk has been vocal on Twitter, first dismissing the response (\u201cThe coronavirus panic is dumb\u201d) then complaining about the stay-at-home orders (\u201cGive people their freedom back!\u201d and \u201cFREE AMERICA NOW\u201d). On May, 11, Musk broke state regulations and reopened a Northern California plant. \u201cI will be on the line with everyone else,\u201d Musk tweeted. \u201cIf anyone is arrested, I ask that it only be me.\u201d There are no public cash donations from Musk. Tesla did not respond to requests for comment.<\/p>\n<\/div>\n

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Phil Knight<\/b><\/p>\n<\/div>\n

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NET WORTH: $35.5 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Nike<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: The Nike co-founder and his wife, although with two other couples, donated $10 million to Oregon-based organizations: $7 million to Oregon Health & Science University for a statewide response to the pandemic, $1 million to local food banks and $2 million to recovery fund of the Oregon Community Foundation. Nike also donated an additional $15 million in aid and footwear for health care workers in the United States and Europe. If Knight had personally donated the entire $25 million, it would be the equivalent of the median American giving $69.<\/p>\n<\/div>\n

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Sheldon Adelson<\/b><\/p>\n<\/div>\n

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NET WORTH: $28.3 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Las Vegas Sands Corp.<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: Adelson\u2019s company, Las Vegas Sands, has donated more than $2 million in cash and in-kind donations, including 2 million masks and 20,000 protective suits to first responders and medical worker around the nation, according to his Sands casino spokesman, and $250,000 to food banks in Las Vegas. His company has also continued paying its Las Vegas employees since his casinos closed March 17 \u2014 with monthly operating expenses of $65 million.<\/p>\n<\/div>\n

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To the median American, the $2 million Adelson\u2019s company has donated to covid-19 relief efforts would cost about $7. The $130 million Adelson has spent paying his employees since March, however, would equate to about $447.<\/p>\n<\/div>\n

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John and Jacqueline Mars<\/b><\/p>\n<\/div>\n

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NET WORTH: $54.4 billion (or $27.2 billion each)<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Mars, Inc.<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: The heirs to a candy fortune gave $20 million in cash and in-kind donation from their company to support the communities most affected by covid-19, including $5 million to CARE for supplies in the developing world for women, children and refugees, $2 million to the United Nations\u2019 World Food Program, and $12 million to local communities. The Mars Foundation has donated an additional $500,000 to the Capital Area Food Bank, a spokeswoman said. For the median American, the Mars\u2019s giving equates to about $37 each.<\/p>\n<\/div>\n

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Michael Dell<\/b><\/p>\n<\/div>\n

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NET WORTH: $26.4 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH:Dell, computer company<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: Dell and his wife, Susan, donated $100 million: $20 million to the Gates Foundation for its treatment research and $80 million for health care, education and small businesses at the community level. Through the Dell match program, the company is matching every employee donation up to $10,000 per employee per year to several covid-19 relief funds, according to a company spokeswoman. For the median American, Dell\u2019s personal giving equates to about $369.<\/p>\n<\/div>\n

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Jim Simons<\/b><\/p>\n<\/div>\n

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NET WORTH: $21.6 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Investments<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: The hedge-fund billionaire, who maintains a very low profile, has invested heavily in a biotech firm developing a potential vaccine, according to Bloomberg. There are no reports of donations. His investment company did not respond to a request for comment.<\/p>\n<\/div>\n

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Ray Dalio<\/b><\/p>\n<\/div>\n

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NET WORTH: $18 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Investments<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: The hedge-fund manager and his wife, Barbara, have publicly given $109 million through their foundation, Dalio Philanthropies, to covid-19 relief efforts, highlighted by a $100 million donation to the state of Connecticut to create the Partnership for Connecticut, a program to help kids stay engaged in school and graduate into the workforce, which includes buying 60,000 laptops for needy students to participate in distance learning. Relative to his wealth, Dalio is the most generous of America\u2019s 50 wealthiest people and families, with his giving equating to $589 to the median American.<\/p>\n<\/div>\n

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Len Blavatnik<\/b><\/p>\n<\/div>\n

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NET WORTH: $17.8 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Oil and petrochemicals<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: Blavatnik\u2019s foundation donated $7 million for protective equipment and ventilators for hospitals in New York, Connecticut and London and assistance for at-need Jewish communities in New York and London, according to its website. The foundation did not respond to requests for comment. For the median American, Blavatnick\u2019s giving equates to about $38.<\/p>\n<\/div>\n

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\"Laurene
Laurene Powell Jobs<\/figcaption><\/figure>\n<\/div>\n
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Laurene Powell Jobs<\/b><\/p>\n<\/div>\n

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NET WORTH: $17.7 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Apple, Disney<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: The widow of Apple founder declined to disclose how much money she has given to covid-19 relief causes through the Emerson Collective, her social change organization. A spokeswoman for Powell Jobs released a list of causes that have received her money, including America\u2019s Food Fund, FastGrants, the California Immigration Resilience Fund and the World Health Organization.<\/p>\n<\/div>\n

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Stephen Schwarzman<\/b><\/p>\n<\/div>\n

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NET WORTH: $16.9 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Investments<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: The chief executive and co-founder of the investment firm Blackstone, Schwarzman declined to comment or disclose any charitable covid-19 relief activity. Blackstone has given $15 million to covid-19 relief efforts, according to a company spokesman, with $10 million going to first responders and health care workers in New York and $5 million to several organizations providing food to New Yorkers in need. If this $15 million had been spent by Schwarzman, personally, it would be the equivalent of the median American giving $86.<\/p>\n<\/div>\n

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Rupert Murdoch and family<\/b><\/p>\n<\/div>\n

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NET WORTH: $16 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Newspapers, TV networks<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: The Australian American media mogul declined to disclose any personal covid-19 relief charitable spending. A family spokesman said the Murdoch Children\u2019s Research Institute in Australia, founded by Murdoch\u2019s mother, is researching a potential covid-19 treatment thanks, in part, to a $700,000 donation from Lachlan Murdoch, Murdoch\u2019s son and successor at Fox Corp.. That research, however, is also partly funded by a $10 million grant from the Gates Foundation. If Lachlan Murdoch\u2019s $700,000 donation is the extent of the family\u2019s covid-19 charitable spending, that equates to about $4 for the median American.<\/p>\n<\/div>\n

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A family spokesman also highlighted Fox\u2019s covid-19 relief efforts. The company has given $1 million to the City of Los Angeles Emergency Covid-19 Crisis Fund, combined with Facebook for a $1 million donation to Feeding America, and broadcast a concert that raised $15 million for organizations providing food to the needy. Rupert and Lachlan Murdoch are also forgoing their pay until at least October. Last year, the father and son made about $42 million each, according to corporate filings.<\/p>\n<\/div>\n

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Donald Bren<\/b><\/p>\n<\/div>\n

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NET WORTH: $15.3 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Real estate<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: America\u2019s wealthiest real estate baron, Bren declined to comment or offer any details about any covid-19 relief-related giving through a spokesman for his real estate firm, the Irvine Co. Bren\u2019s personal website has a page discussing his philanthropic work, and does not mention any charitable giving related to the covid-19 crisis.<\/p>\n<\/div>\n

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Leonard Lauder<\/b><\/p>\n<\/div>\n

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NET WORTH: $15.2 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Estee Lauder<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: The chairman emeritus of Estee Lauder \u2014 which he inherited from his parents \u2014 Lauder declined to comment or answer any questions about charitable giving for covid-19 relief efforts.<\/p>\n<\/div>\n

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John Menard Jr.<\/b><\/p>\n<\/div>\n

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NET WORTH: $15.2 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Home improvement stores<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: The founder of Menards, the Midwestern chain of home improvement stores, declined to comment or answer any questions about any covid-19 relief giving. A spokesman for the chain declined to say whether Menard had made any charitable spending relating to the coronavirus crisis, and the website for Menards doesn\u2019t mention any crisis relief efforts. In March, the company publicly apologized after Michigan\u2019s attorney general accused the chain of price gouging on face masks, bleach and other cleaning supplies.<\/p>\n<\/div>\n

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Thomas Peterffy<\/b><\/p>\n<\/div>\n

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NET WORTH: $14.8 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Discount brokerage<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: The founder of the trading firm Interactive Brokers declined to comment or answer any questions about covid-19 relief spending. Interactive Brokers has committed to spending $5 million on crisis relief, according to a news release, and among the organizations that have or will receive its money are Feeding America and the Gates Foundation. If Peterffy personally gave this much to covid-19 relief efforts, it would be the equivalent of the median American giving $33.<\/p>\n<\/div>\n

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Eric Schmidt<\/b><\/p>\n<\/div>\n

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NET WORTH: $14.5 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Google<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: The former Google chief executive has \u201ccommitted tens of millions of dollars\u201d to covid-19 relief efforts, according to a spokeswoman. Schmidt declined to specify how much he has agreed to donate in any more detail. For every $10 million Schmidt gives to covid-19 relief, it is the equivalent of the median American giving $67. Much of Schmidt\u2019s money for covid-19 relief has flowed from his foundation \u2014 Schmidt Futures \u2014 which is funding medical support, personal protective equipment and educational resources for at-risk communities in America and Africa, according to his spokesperson.<\/p>\n<\/div>\n

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Steven Cohen<\/b><\/p>\n<\/div>\n

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NET WORTH: $14 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Hedge funds<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: The hedge-fund manager and noted art collector has pledged more than $6 million to covid-19 relief efforts through the foundation he runs with his wife, the Steven & Alexandra Cohen Foundation. The Cohens plan to give $1 million each to UCLA and the Icahn School of Medicine at Mount Sinai for covid-19 research, and hundreds of thousands to food banks in Connecticut, Louisiana, Texas and elsewhere. For the median American, Cohen\u2019s pledged donations equate to giving about $43.<\/p>\n<\/div>\n

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\"Carl
Carl Icahn: $21 million.\u00a0<\/figcaption><\/figure>\n<\/div>\n
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Carl Icahn<\/b><\/p>\n<\/div>\n

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NET WORTH: $13.9 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: Investments<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: The corporate raider turned investor said in a phone interview that he has committed to spending at least $21 million on covid-19 relief efforts, starting with a $3 million donation to the Icahn School of Medicine at Mount Sinai. The remaining $18 million, Icahn said, will sit in a fund overseen by his charity \u2014 the Foundation for Greater Opportunity \u2014 that has disbursed more than $3 million so far, including $2.5 million to the Robin Hood Foundation, which works to fight poverty in New York.<\/p>\n<\/div>\n

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For Icahn, spending $21 million is the equivalent of the median American giving $147 to covid-19 relief.<\/p>\n<\/div>\n

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Pierre Omidyar<\/b><\/p>\n<\/div>\n

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NET WORTH: $12.6 billion<\/p>\n<\/div>\n

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SOURCE OF WEALTH: eBay, PayPal<\/p>\n<\/div>\n

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CORONAVIRUS RESPONSE: Omidyar has given or pledged $18 million so far to a wide variety of causes through the network of nonprofit organizations he supports. Omidyar\u2019s Democracy Fund plans to spend at least $1.5 million supporting local journalism organizations impacted by crashing advertising revenue. Flourish has given $1 million to the Project 100 initiative, which is seeking to raise $100 million to get $1,000 cash payments to 100,000 struggling American families. And Imaginable Futures plans to spend more than $3 million in the United States, Africa and Latin America on child care for essential workers, as well as educational ventures. For the median American, Omidyar\u2019s giving so far equates to about $139.<\/p>\n<\/div>\n

\n

Donald Newhouse<\/b><\/p>\n<\/div>\n

\n

NET WORTH: $12.5 billion<\/p>\n<\/div>\n

\n

SOURCE OF WEALTH: Media<\/p>\n<\/div>\n

\n

CORONAVIRUS RESPONSE: The owner of Advance Publications \u2014 the media conglomerate whose properties include Cond\u00e9 Nast, dozens of local newspapers and an ownership stake in Discovery Communications \u2014 Newhouse announced in late March a $1 million donation to the World Health Organization through the Samuel I. Newhouse Foundation, named for his father.<\/p>\n<\/div>\n

\n

Through his son and co-president of Advance, Steven, Donald Newhouse declined to answer questions about any additional covid-19 relief spending he\u2019s done since late March.<\/p>\n<\/div>\n

\n

\u201cSuggest you Google: Donald Newhouse and Covid-19,\u201d Steven Newhouse wrote in an email reply to an interview request for his father. \u201cHe has no comment beyond what he has said publicly.\u201d<\/p>\n<\/div>\n

\n

For the median American, Donald Newhouse\u2019s giving so far equates to $8.<\/p>\n<\/div>\n

\n

Ken Griffin<\/b><\/p>\n<\/div>\n

\n

NET WORTH: $12.5 billion<\/p>\n<\/div>\n

\n

SOURCE OF WEALTH: Hedge funds<\/p>\n<\/div>\n

\n

CORONAVIRUS RESPONSE: The chief executive and founder of the investment firm Citadel, along with several partners, has given more than $20 million to covid-19 relief efforts, a company spokeswoman said. Money from Griffin and his partners has bought medical supplies for workers in China\u2019s Hubei province, where the pandemic began; food for needy people in Chicago, where Citadel is headquartered; and research on the virus at medical facilities including Weill Cornell Medicine, Rockefeller University and Imperial College London. If the entire $20 million from Citadel came from Griffin, it would be the equivalent of the median American spending $156.<\/p>\n<\/div>\n

\n

Abigail Johnson<\/b><\/p>\n<\/div>\n

\n

NET WORTH: $12.5 billion<\/p>\n<\/div>\n

\n

SOURCE OF WEALTH: Money management<\/p>\n<\/div>\n

\n

CORONAVIRUS RESPONSE: The president and chief executive of Fidelity Investments \u2014 where she succeeded her father \u2014 Johnson declined to answer any questions or publicly disclose financial specifics of covid-19 relief giving. Johnson and her family have traditionally given anonymously to Boston area charities anonymously, according to a company spokesman. Boston\u2019s Seaport Hotel, owned by Fidelity, has made free hotel rooms available to medical professionals treating covid-19 patients, and the hotel\u2019s kitchen has partnered with a Boston food bank to provide hundreds of meals daily for those in need, according to Loporchio. Fidelity has also been donating food in other regions where it operates, including Utah, North Carolina and Texas. A Fidelity spokesman declined to disclose the financial value of these efforts.<\/p>\n<\/div>\n

\n

David Tepper<\/b><\/p>\n<\/div>\n

\n

NET WORTH: $12 billion<\/p>\n<\/div>\n

\n

SOURCE OF WEALTH: Hedge funds<\/p>\n<\/div>\n

\n

CORONAVIRUS RESPONSE: The founder and president of global hedge fund Appaloosa Management, and owner of the NFL\u2019s Carolina Panthers, declined to answer questions about his covid-19 relief giving. A spokesperson for Tepper forwarded a Forbes article in which Tepper said he\u2019d given about $22 million to efforts including Feeding America and Blue Meridian, which is providing direct cash assistance to those in need. Tepper\u2019s foundation has also paid for mobile hotspots with prepaid Internet service for schools in Charlotte, where the Panthers are located.<\/p>\n<\/div>\n

\n

Tepper told Forbes he expected to give more money as the crisis continued, and implored his fellow billionaires to ramp up their giving.<\/p>\n<\/div>\n

\n

\u201cWe hope that everybody steps up,\u201d Tepper said. \u201cI think in general, in times of need, people have to step up if they have the ability to step up. Period.\u201d<\/p>\n<\/div>\n

\n

For the median American, Tepper\u2019s giving so far is the equivalent of spending $178.<\/p>\n<\/div>\n

\n

Gordon Moore<\/b><\/p>\n<\/div>\n

\n

NET WORTH: $11.8 billion<\/p>\n<\/div>\n

\n

SOURCE OF WEALTH: Intel<\/p>\n<\/div>\n

\n

CORONAVIRUS RESPONSE: The Intel co-founder declined to detail specific covid-19 relief giving through a spokeswoman for his foundation.<\/p>\n<\/div>\n

\n

The Gordon and Betty Moore Foundation \u2014 which funds a variety of organizations and projects in science, environmental conservation and health care \u2014 has no plans to increase its spending this year, according to spokeswoman Genny Biggs, but will seek to maintain its budgeted giving, and some of that money will probably go to covid-19 relief efforts. The foundation spends about $315 million annually. If Moore devoted all of that to covid-19 relief, it would be the equivalent of the median American giving nearly $2,600.<\/p>\n<\/div>\n

\n

Dustin Moskovitz<\/b><\/p>\n<\/div>\n

\n

NET WORTH: $11.4 billion<\/p>\n<\/div>\n

\n

SOURCE OF WEALTH: Facebook<\/p>\n<\/div>\n

\n

CORONAVIRUS RESPONSE: Like Gates, Moskovitz has been concerned about the possibility of a pandemic for years and has given tens of millions to programs researching biosecurity and pandemic preparedness through the Open Philanthropy foundation, which he operates with his wife, Cari Tuna.<\/p>\n<\/div>\n

\n

This year, Moskovitz and Tuna have given $22.5 million to covid-19 relief efforts, including nearly $1.8 million to Harvard for research on serological tests, $627,000 to the Icahn School of Medicine at Mount Sinai for research on covid-19 testing, and $175,000 to the University of California at Davis for research on antiviral drugs. To the median American, Moskovitz\u2019s covid-19 relief spending to date is the equivalent of about $192, and a spokesman said that figure will rise as the crisis continues.<\/p>\n<\/div>\n

\n

Philip Anschutz<\/b><\/p>\n<\/div>\n

\n

NET WORTH: $11.3 billion<\/p>\n<\/div>\n

\n

SOURCE OF WEALTH: Investments<\/p>\n<\/div>\n

\n

CORONAVIRUS RESPONSE: The 80-year-old billionaire, who made his wealth in industries including energy, railroads, real estate and entertainment, did not reply to multiple requests for comment. He funds the Anschutz Foundation, which has given hundreds of millions over the years to organizations in education, health care and other sectors, primarily in Colorado, where Anschutz lives. The Anschutz Foundation has not announced any coronavirus-related relief.<\/p>\n<\/div>\n

\n

Charles Butt and family<\/b><\/p>\n<\/div>\n

\n

NET WORTH: $10.7 billion<\/p>\n<\/div>\n

\n

SOURCE OF WEALTH: Supermarkets<\/p>\n<\/div>\n

\n

CORONAVIRUS RESPONSE: Butt \u2014 who inherited the Texas supermarket chain HEB from his father, Howard E. Butt \u2014 declined to answer any questions or disclose any personal covid-19 relief spending. HEB has announced $3 million in covid-19 giving, which includes $1.2 million for food banks and $300,000 supporting coronavirus research at the Texas Biomedical Research Institute. If Charles Butt gave $3 million, personally, to covid-19 relief efforts, it\u2019d be the equivalent of the median American donating $27.<\/p>\n<\/div>\n

\n

Hank and Doug Meijer<\/b><\/p>\n<\/div>\n

\n

NET WORTH: $10.7 billion<\/p>\n<\/div>\n

\n

SOURCE OF WEALTH: Supermarkets<\/p>\n<\/div>\n

\n

CORONAVIRUS RESPONSE: The brothers \u2014 who inherited Meijer, the Midwestern chain of supermarkets, from their father \u2014 did not reply to questions regarding their covid-19 relief spending sent to the company\u2019s media relations staff.<\/p>\n<\/div>\n

\n

The company has spent $9.4 million on covid-19 relief efforts, according to a company spokesman, including $2.2 million to food pantries and $4 million to the United Way. If the Meijers spent that much from their personal wealth, that would be the rough equivalent of the median American giving $85.<\/p>\n<\/div>\n

\n

Thomas Frist Jr. and family<\/b><\/p>\n<\/div>\n

\n

NET WORTH: $10.2 billion<\/p>\n<\/div>\n

\n

SOURCE OF WEALTH: Health care<\/p>\n<\/div>\n

\n

CORONAVIRUS RESPONSE: The co-founder, along with his father, of Hospital Corporation of America, Frist Jr. has given more than $2 million to covid-19 relief efforts through his foundation, including $1 million to Nashville\u2019s covid-19 response fund. Frist\u2019s foundation has also given $1 million to an employee assistance fund at HCA Healthcare, and $400,000 to other covid-19 relief efforts.<\/p>\n<\/div>\n

\n

\u201cHe and his family still feel that HCA employees are part of their extended family,\u201d wrote Pete Bird, president of the First Foundation, in an email.<\/p>\n<\/div>\n

\n

The $3.4 million that Frist has spent, for the median American, is the equivalent of giving $32. Bird, however, disputed Forbes\u2019 valuation, which he said over-estimates Frist\u2019s net worth.<\/p>\n<\/div>\n

\n

Jan Koum<\/b><\/p>\n<\/div>\n

\n

NET WORTH: $10.1 billion<\/p>\n<\/div>\n

\n

SOURCE OF WEALTH: WhatsApp<\/p>\n<\/div>\n

\n

CORONAVIRUS RESPONSE: The co-founder of WhatsApp did not reply to multiple requests for comment, nor did spokespeople at Facebook, which now owns WhatsApp.<\/p>\n<\/div>\n

\n

Stanley Kroenke<\/b><\/p>\n<\/div>\n

\n

NET WORTH: $10 billion<\/p>\n<\/div>\n

\n

SOURCE OF WEALTH: Real estate<\/p>\n<\/div>\n

\n

CORONAVIRUS RESPONSE: The owner of several professional sports franchises \u2014 including the Los Angeles Rams, Denver Nuggets and Colorado Avalanche \u2014 Kroenke declined to comment or to answer any questions about his covid-19 relief spending. In late April, Kroenke and his son, Josh, released a statement announcing the creation of a covid-19 response fund, which they started with a $500,000 donation.<\/p>\n<\/div>\n

\n

\u201cIn these uncertain times, giving back and supporting the well-being of our families, communities, and ourselves is more important than ever,\u201d the Kroenkes wrote.<\/p>\n<\/div>\n

\n

The $500,000 the Kroenkes have acknowledged giving, to the median American, is the equivalent of giving $5.<\/p>\n<\/div>\n

\n

Carl Cook<\/b><\/p>\n<\/div>\n

\n

NET WORTH: $9.6 billion<\/p>\n<\/div>\n

\n

SOURCE OF WEALTH: Medical devices<\/p>\n<\/div>\n

\n

CORONAVIRUS RESPONSE: The chief executive of the Cook Group, a medical device company founded by his parents, Cook declined to answer questions about any covid-19 relief spending. His company has not announced any crisis relief spending.<\/p>\n<\/div>\n

\n

\n<\/div>\n<\/section>\n<\/div>\n<\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A Washington Post survey of the nation\u2019s 50 wealthiest people and families, who have a collective net worth of nearly $1.6 trillion, found that their publicly announced donations toward covid-19 relief efforts amount to about $1 billion, which is less than .001 percent of their vast personal wealth. More than half of these billionaires have […]<\/p>\n","protected":false},"author":410,"featured_media":56296,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6261,984],"tags":[8520,8906],"yoast_head":"\nWhat the 50 richest Americans have given for Covid-19 relief - Csr Egypt<\/title>\n<meta name=\"description\" content=\"Washington Post survey of the nation\u2019s 50 wealthiest whose collective net worth of nearly $1.6 trillion, found donations toward covid-19 about $1 billion\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/csregypt.com\/en\/what-the-50-richest-americans-have-given-for-covid-19-relief\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What the 50 richest Americans have given for Covid-19 relief - Csr Egypt\" \/>\n<meta property=\"og:description\" content=\"Washington Post survey of the nation\u2019s 50 wealthiest whose collective net worth of nearly $1.6 trillion, found donations toward covid-19 about $1 billion\" \/>\n<meta property=\"og:url\" content=\"https:\/\/csregypt.com\/en\/what-the-50-richest-americans-have-given-for-covid-19-relief\/\" \/>\n<meta property=\"og:site_name\" content=\"Csr Egypt\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/csregypt\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-03T23:57:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/csregypt.com\/wp-content\/uploads\/2020\/06\/original-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"632\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Marwa Zein\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@egyptcsrforum\" \/>\n<meta name=\"twitter:site\" content=\"@egyptcsrforum\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Marwa Zein\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"23 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/csregypt.com\/en\/what-the-50-richest-americans-have-given-for-covid-19-relief\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/csregypt.com\/en\/what-the-50-richest-americans-have-given-for-covid-19-relief\/\"},\"author\":{\"name\":\"Marwa Zein\",\"@id\":\"https:\/\/csregypt.com\/#\/schema\/person\/5df2c73ec5c5eaada424a85f98cd7bec\"},\"headline\":\"What the 50 richest Americans have given for Covid-19 relief\",\"datePublished\":\"2020-06-03T23:57:37+00:00\",\"dateModified\":\"2020-06-03T23:57:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/csregypt.com\/en\/what-the-50-richest-americans-have-given-for-covid-19-relief\/\"},\"wordCount\":4656,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/csregypt.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/csregypt.com\/en\/what-the-50-richest-americans-have-given-for-covid-19-relief\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/csregypt.com\/wp-content\/uploads\/2020\/06\/original-1.jpg\",\"keywords\":[\"COVID-19\",\"Richest Americans\"],\"articleSection\":[\"CSR\",\"news\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/csregypt.com\/en\/what-the-50-richest-americans-have-given-for-covid-19-relief\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/csregypt.com\/en\/what-the-50-richest-americans-have-given-for-covid-19-relief\/\",\"url\":\"https:\/\/csregypt.com\/en\/what-the-50-richest-americans-have-given-for-covid-19-relief\/\",\"name\":\"What the 50 richest Americans have given for Covid-19 relief - 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