Today Forbes released the 40th edition of our flagship Forbes 400 list of Americas wealthiest people. Instead of counting the dollars that list members have put in their foundations over a lifetime, we tallied the grants made by those foundations (technically, adjusted qualifying distributions), plus direct gifts we could track, to estimate how much The Forbes 400 has actually given away. But the generosity of these U.S. billionaires hasnt kept pace with the stock markets enormous gains. Mark Zuckerberg, co-founder and CEO of Facebook, along with Charles Koch, CEO of Koch Industries, received a score of 2. The biggest giver of the bunch, in terms of dollars donated, is Berkshire Hathaways Warren Buffet. Forbes has credited a slight majority of his foundations $55.2 billion in grants paid through 2019 to gifts by Buffett. className: "pt-0 pb-3 my-0" h5: "Related Stories", Some, like Stephen Schwarzman, earned a higher score thanks to giving in the past year. Only nine have given away more than 20%, earning them a score of 5: Bill Gates, Melinda French Gates, MacKenzie Scott, Warren Buffett, George Soros, Gordon Moore, Amos Hostetter Jr., Lynn Schusterman and John Arnold. h5: "Related Stories", You can check out our Privacy Policy to see how we safeguard and use the information you provide us with. "related-stories-content-list--491610", This years scoring was produced with research assistance from advocacy group Global Citizen and its Give While You Live initiative. The nations 25 biggest givers have donated a total of $169 billion over the course of their lifetimes, according to Forbes estimates. In 2011, the couple gave a record-breaking $150 million to Stony Brook University, Simons former employer. The methodology for the index is straightforward. By giving just a fraction of their wealth to organizations such as Gavi, the Vaccine Alliance and the International Fund for Agricultural Development (IFAD), these individuals could ensure basic human rights for all people. Following the George Floyd protests in 2020, Bloomberg Philanthropies announced a $100 million gift to support four historically Black medical schools. Billionaires like DreamWorks Pictures founder David Geffen and WhatsApp cofounder Brian Acton moved up to the top score after each scored a 4 last year. "The new philanthropy ranking is fundamentally flawed, in that it is biased in favor of those who make their gifts widely known, and against donors who choose to make their charitable contributions anonymously, one current Forbes 400 member (who did not wish to be named) argued via email. Who are the stingiest billionaires of 2021? MacKenzie Scott's Steve Cannon, the vice chairman of AMB Sports + Entertainment, talks with Forbes senior writer Jabari Young. In May 2021, the Washington residents announced $38 million of new grants over five years to address the states mental health crisis. Its tough to track the far reach of his giving, which flows mainly to whats known as Stand Together, a group of nonprofits focused on poverty, addiction-related issues, criminal justice and education. The new philanthropy ranking is fundamentally flawed, in that it is biased in favor of those who make their gifts widely known, and against donors who choose to make their charitable contributions anonymously, one current Forbes 400 member (who did not wish to be named) wrote to us last year. Collectively, the magazine reports, the 400 are worth approximately $4 trilliondown $500 billion from last year.

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