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  • Writer's pictureBy The Financial District

Bill Gates Makes 2022's Biggest Charitable Donation

The Chronicle of Philanthropy's annual list of the 10 largest charitable gifts announced by individuals or their foundations totaled nearly $9.3 billion in 2022, with Bill Gates leading the list of donors, the Associated Press (AP) reported.


Photo Insert: Gates' contributions went to large, well-established institutions, three of them private foundations and three universities to support environmental sustainability, children's mental health, and stem-cell research.



The contributions went to large, well-established institutions, three of them private foundations and three universities to support environmental sustainability, children's mental health, and stem-cell research.


The other gifts backed cancer research and treatment, housing efforts, youth programs, and reproductive health.



Two of the gifts exceeded $1 billion, and six of the eight donors (one donor made three gifts) are multibillionaires. The combined net worth of those six donors is just over $325 billion.


Topping the list is Bill Gates, who gave $5 billion to the Bill & Melinda Gates Foundation to back the grantmaker's work in global health, development, policy and advocacy, and US education.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Gates, whose net worth is estimated at $104 billion, attracted attention in July when he announced he was giving $20 billion to the foundation he runs with his former wife, Melinda French Gates.


However, foundation officials confirmed in December that three-fourths of that $20 billion went toward paying off the $15 billion he and French Gates had pledged in July 2021. The remaining $5 billion was a new infusion to the foundation.





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