{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='How America’s richest donate their money' data-url='/boclips/videos/6402476f0cfbf95825298097' data-video-url='/boclips/videos/6402476f0cfbf95825298097' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nHow America’s richest donate their money\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eBillionaires don’t give the same way we do. Subscribe and turn on notifications 🔔 so you don't miss any videos Every year, publications like Forbes release lists detailing the generosity of society’s richest philanthropists. But the raw...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eBillionaires don’t give the same way we do. Subscribe and turn on notifications 🔔 so you don't miss any \u003ca href='http://goo.gl/0bsAjO' target='_blank' rel='nofollow'\u003evideos\u003c/a\u003e Every year, publications like Forbes release lists detailing the generosity of society’s richest philanthropists. But the raw numbers of their donations don’t tell the whole story of how ultra-wealthy charitable giving tends to work. We took that data and put it on a big chart that highlights exactly how much of each billionaire’s personal wealth is going toward charitable giving. This video outlines how wealth inequality creates a distorted view of the generosity of America’s billionaires. We examine the causes their money goes to support, like education and public health. And we break down the actual methods they use to move massive amounts of donated money around, like foundations and secretive donor-advised funds. Measuring wealth and philanthropic giving is difficult and subjective. We relied on Forbes’s specific methodology for our chart, but lists like the Chronicle of Philanthropy’s “The Philanthropy 50” use their own \u003ca href='https://www.philanthropy.com/article/the-philanthropy-50/#id=browse_2022' target='_blank' rel='nofollow'\u003emethods.\u003c/a\u003e Here is the original Forbes list we mention in the \u003ca href='https://www.forbes.com/sites/forbeswealthteam/2023/01/23/americas-top-givers-2023-the-25-most-philanthropic-billionaires/?sh=320dd0692e9e' target='_blank' rel='nofollow'\u003evideo\u003c/a\u003e If you’re wondering why Elon Musk isn’t on the Forbes list despite a $5.7 billion donation of Tesla shares in 2021, it’s probably because it was speculated that the money went to a donor-advised \u003ca href='https://www.forbes.com/sites/elizahaverstock/2022/02/15/elon-musk-reports-donating-57-billion-to-charity-but-there-is-no-trace-of-that-gift-yet/?sh=4d2dd8fd2782' target='_blank' rel='nofollow'\u003efund\u003c/a\u003e They also do their own guide on “giving \u003ca href='https://www.forbes.com/sites/rachelsandler/2022/09/27/the-forbes-philanthropy-score-2022-how-charitable-are-the-richest-americans/?sh=6bfe3b14a098' target='_blank' rel='nofollow'\u003escores”\u003c/a\u003e The inspiration for this chart came from this Reddit post using numbers from a previous Forbes \u003ca href='https://www.reddit.com/r/dataisbeautiful/comments/ym3ddi/oc_forbes_2022s_most_philanthropic_us_billionaires/' target='_blank' rel='nofollow'\u003elist\u003c/a\u003e Here is a list of all the Giving Pledge \u003ca href='https://givingpledge.org/pledgerlist' target='_blank' rel='nofollow'\u003esignatories\u003c/a\u003e For more reading on the rise of donor-advised \u003ca href='https://www.nytimes.com/2021/06/09/business/donor-advised-funds-philanthropy.html' target='_blank' rel='nofollow'\u003efunds\u003c/a\u003e We interviewed Vox senior reporter Whizy Kim, who recently covered Jeff Bezos’s \u003ca href='https://www.vox.com/recode/23553730/jeff-bezos-philanthropy-giving-pledge-charity' target='_blank' rel='nofollow'\u003ephilanthropy\u003c/a\u003e She also covered the ways everyday Americans give that aren’t captured in charitable tax deduction \u003ca href='https://www.vox.com/recode/2022/9/27/23373134/philanthropy-giving-decline-billionaires' target='_blank' rel='nofollow'\u003edata\u003c/a\u003e Make sure you never miss behind-the-scenes content in the Vox Video newsletter, sign up \u003ca href='http://vox.com/video-newsletter' target='_blank' rel='nofollow'\u003ehere\u003c/a\u003e Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. 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