The greatest philanthropists of technology, from Azim to Zuckerberg

CEO of Zomato Learn more about Goyal announced Friday that it would donate all proceeds from its employees’ stock options (ESOPS) to the Zomato Future Foundation (ZFF). At Zomato’s average share price over the past month, these Esops are worth around $ 90 million (Rs 700 crore), she said.

But who are the world’s most generous tech billionaires and how much have they given or promised to various causes?

Bill Gates

In 2021, Bill Gates and his ex-wife Melinda French Gates accounted for more than half of the $ 27.7 billion donated to charity by the 50 most generous Americans that year. Just before their divorce was finalized in August 2021, they announced plans to add $ 15 billion to their foundation’s coffers. In total, they have donated more than $ 45 billion to charitable causes since 1994, according to the Chronicle of Philanthropy.

Not only have they pledged to donate the majority of their wealth, but they’ve also encouraged other billionaires to join the Giving Pledge, a campaign launched with billionaire investor Warren Buffet in 2010 to foster a culture of philanthropy among the richest in the world. to tackle major problems.

As of December 2021, the pledge had 231 signatories from 28 countries. Most of the pledges’ signatories are billionaires, and their pledges are estimated to be worth $ 600 billion in 2016.

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Azim Premi
The founder and president of Wipro was by far the largest donor among Indian billionaires. In 2001 he founded the Azim Premji Foundation, a non-profit organization born with the aim of improving the quality of education in rural India. It works with over 3.5 lakh schools. A decade later, Azim Premji University was established to address the challenges the foundation faced during its work in elementary education.

In 2013, Premji became the first Indian billionaire to sign the Giving Pledge, an initiative by Bill Gates and Warren Buffet that encourages wealthy people to get involved by helping their fortunes to philanthropy.

With a donation of Rs 9,713 crore, Premji topped the EdelGive Hurun India Philanthropy List for the umpteenth time in 2021. In 2020, he donated Rs 7,904 crore to charitable causes.

Michele Dell
In 1999, the founder of Dell computers and his wife founded the Michael and Susan Dell Foundation, which focuses on grants, child health, urban education, and family economic stability. By 2010, the foundation had committed more than $ 650 million to children’s problems and community initiatives in South Africa, India and the United States. In 2012, they donated $ 50 million for medical education. In March 2022, Dell said he was pledging $ 15 million through his foundation to support Ukrainian families in dire need of help after the invasion of Russia.

Mark Zuckerberg
Mark Zuckerberg, co-founder and CEO of Facebook, announced in December 2015 that he and his wife would donate 99% of their Facebook shares – worth more than $ 45 billion at the time – for charitable purposes “during our life”. They made the promise in an open letter to their daughter Max, who was born the previous week.

Jack Dorsey

In April 2020, Dorsey, then CEO of Twitter, announced that he would donate $ 1 billion, or what was then a third of his wealth, to a new charity called Start Small, primarily for Covid relief. It was by far the largest single donation to fight Covid at the time and sparked criticism from other Dorsey billionaires for failing to do their homework during a historic crisis. While he’s not required to do so, Dorsey has also made a commitment to keep track of his donations in a publicly accessible Google spreadsheet.

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