Leonard Lauder, who passed away at 92, was a big name in the beauty world. He took his family's small cosmetics business and turned it into a global powerhouse. This journey started back in 1946 when his parents, Estee and Joseph, founded the company. Leonard joined the family business in 1958 and spent over six decades growing it. He didn't just sell a few products...
The fifth wealthiest individual globally is Bill Gates. He is the co-founder of a major tech company. Gates has made a bold decision to use most of his $200 billion fortune to improve conditions in Africa. This pledge is part of a broader plan to give away 99% of his wealth by 2045. Gates aims to focus on health and education, believing these areas are key to unlock...
Jack Nicklaus is a name that stands out in golf history. With 18 major wins and 117 professional victories, his on-course achievements are legendary. However, behind every great man, there is often an even greater woman. Barbara Nicklaus, Jack's wife, has played a crucial role in his career and in the world of golf. She is often overshadowed by her husband's fame, bu...
The landscape of big-time giving is undergoing a significant transformation. The era dominated by male billionaire philanthropists like Bill Gates and Warren Buffett is coming to an end. The future of philanthropy is being shaped by women who are taking the lead in giving. This shift is driven by new tax policies and innovative giving methods. The philanthro...
The Constitution of the United States is a powerful document. It has guided the country for over two centuries. Now, a wealthy businessman wants to share this important piece of history with everyone. Ken Griffin, the head of Citadel, has decided to lend his personal copies of the Constitution and the Bill of Rights to the public. Griffin believes that these documen...
A fresh trend is sweeping through the world of charity. It is called effective altruism. It is led by big-name tech leaders and thinkers. This approach has faced criticism for its moral views and political leanings. Yet, few have taken a close look at how it works in practice. Effective altruism is all about using science and technology to make a difference. It is ab...
A young boy from Okanagan is making a splash in the world of fundraising. Jack McNeil, a 10-year-old from Salmon Arm, has been on a mission to raise $10, 000 for cancer research. He has already completed a 2. 5km swim and a run from Salmon Arm to Enderby. This journey started with a simple goal of raising $1, 000, but Jack's determination and community support have p...
Rahim Al-Hussaini, now Aga Khan V and 50th Imam of the Ismailis, inherits the mantle of the religious leader from his father. He is named the new Aga Khan after his father's passing in Portugal. Rahim's designation as the spiritual head happens 1, 300 years into the dynasty's history. Rahim, at 53, is educated in the United States with a background in comparative li...
Ever wondered where the billions in charity money for science research go? A study by data scientists found that a huge chunk of this money, about $30 billion annually, is directed to local institutions. This is like giving candies to the kid next door while the global playground needs a makeover. The study looked at foundation grants from 2010-2019 and found that do...
In the midst of the devastating wildfires sweeping through Los Angeles, an unlikely duo made a surprise appearance to offer support. Prince Harry and Meghan, the Duke and Duchess of Sussex, showed up at the Pasadena Convention Center, which had been turned into an evacuation site. They were there to lend a helping hand to those affected by the blazes. The couple spe...