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Michael Bloomberg tops the list of America’s biggest donors for the second year in a row

  • Michael Bloomberg topped the Chronicle of Philanthropy's Philanthropy 50 list by donating $3.7 billion to various charitable causes in 2024 for the second consecutive year.
  • Bloomberg Philanthropies awarded a $1 billion grant to Johns Hopkins University to assist medical students, highlighting Bloomberg's commitment to education and healthcare initiatives.
  • The 50 largest donors combined contributed a total of $16.2 billion in 2024, with only 19 of the wealthiest individuals from the Forbes 400 appearing on the list, reflecting a smaller subset of wealthy philanthropists.
  • Concerns among donors about high-profile issues have led to some preferring anonymous contributions, indicating a shift in how philanthropy is perceived.
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Quartz broke the news in United States on Tuesday, March 4, 2025.
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