In just three years, the FTX co-founder built a massive operation to woo politicians, regulators and nonprofits to support his crypto goals.
Category: Philanthropy
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Jeff Bezos Says He Will Give Away Most of His Fortune to Charity
The Amazon founder, estimated to be worth $124 billion, suggested in an interview on CNN that he would donate most of his money to charity during his lifetime.
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FTX’s Collapse Casts a Pall on ‘Effective Altruism’ Movement
Sam Bankman-Fried, the chief executive of the embattled cryptocurrency exchange, was a proponent and donor of the “effective altruism” movement.
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Paul G. Allen’s Art at Christie’s Tops $1 Billion, Cracking Records
A museum’s worth of masterworks from the Microsoft co-founder’s collection are offered in a two-part sale to benefit charity.
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One More Project for David Geffen: Building His Legacy
The entertainment mogul has given $1.2 billion to institutions around the nation, including the New York Philharmonic’s transformed Lincoln Center home.
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The Texas Tribune Names a New C.E.O.
Sonal Shah will take over from Evan Smith, who has run the nonprofit news organization since he co-founded it in 2009.
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Couples Use Wedding Registries to Fund-Raise for Abortion Rights
On websites including Zola and the Knot, the number of registries requesting donations in support of reproductive rights has risen as the debate over abortion has moved to the political forefront.
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Lawsuit Says Charity Leader Hired His Former Personal Trainer for Key Role
Spending by a charity intended to honor a radio pioneer is being challenged by his granddaughter, who says he was tricked into leaving his fortune to it. The charity denies the charge and says the producer did not trust his family to protect his legacy.