US Tycoon Increases Donations Despite Asset Decline...33 Trillion Won Donated

Top 25 Donors Give $25 Billion
Surpassing $20 Billion in 2021
Warren Buffett Ranks No.1 in US Individual Donations

Warren Buffett, Chairman of Berkshire Hathaway, USA [Photo by Yonhap News]

[Asia Economy Reporter Lee Ji-eun] Despite a decrease in assets due to the stock market downturn last year, American billionaires donated more money.

According to Penta, an investment media outlet under The Wall Street Journal (WSJ), the top 25 wealthiest Americans donated a total of $25 billion (approximately 33.4 trillion KRW) last year. This amount far exceeds the $20 billion (approximately 24.7 trillion KRW) donated in 2021, when the stock market was booming.

Warren Buffett, known as the "Oracle of Investing," donated $5.4 billion in just one year. The total amount he has donated so far is $51.5 billion, making him the top individual donor in the United States.

Bill Gates, co-founder of Microsoft (MS), donated over $5 billion (about 6.2 trillion KRW) last year through the Bill & Melinda Gates Foundation, which he established with his ex-wife Melinda. The total amount donated by Bill and Melinda Gates to date reaches $38.4 billion.

MacKenzie Scott, the ex-wife of Amazon founder Jeff Bezos who received a 4% stake in Amazon as part of their divorce settlement, has donated $14.43 billion from 2019 through last year.

According to statistics from Forbes, the combined wealth of the top 25 wealthiest Americans was valued at $936 billion at the end of last year. This represents a 15% decrease compared to 2021.

This content was produced with the assistance of AI translation services.