It’s one thing to affect the world with brilliant, innovative entrepreneurial ideas, but it’s another to change the world for the better through an act of charity or philanthropy. They’ve built huge empires and amassed fortunes — but they’re giving much of their money away. Here are nine stories.
#1. Eli and Edythe Broad $3.5 billion (current total Net Worth $6.9 billion)
The son of a house painter and dressmaker, Eli Broad has spent the last decade giving generously to scientific research, early education, and the arts of Los Angeles. Broad made his billions through successfully running two Fortune 500 companies. The first, a Detroit home builder called Kaufman and Broad, and the other, SunAmerica, a billion dollar retirement savings company Broad forged out of a century old family insurance company.
After selling SunAmerica in 1999 for $18 billion, Broad, with his wife Edythe, turned his attention to philanthropy full time. The Eli and Edythe Broad Foundation has given $3.5 billion to support human genomics and stem cell research, urban public schools, and the museums and art collections of Los Angeles. Source