There’s nothing more heartwarming than news about the upper crust paying it forward, especially when it’s a newly minted millionaire. It speaks volumes on someone’s character when they pursue a philanthropic ideal, rather than squandering their riches frivolously.. Take the recent winner of the California lottery, B. Raymond Buxton, who is choosing to live outside of the limelight. Buxton is also setting up a charitable foundation that will contribute topediatric health, child hunger, and education. The odds of winning the lottery may be one in 175 million, and sometimes fate rewards the deserving.. I thought we could pay a little tribute to millionaires who do rich right.
“Guided by the belief that every life has equal value, the Bill & Melinda Gates Foundation works to help all people lead healthy, productive lives.” The couple dedicated themselves and their vast fortune to the improvement of children’s lives across the globe. Most notable, and perhaps this is due to my own personal bias, are the various educational programs the foundation funds.
“Our mission is to take a startup approach to building a better education system for all students.” What is more fitting than the Silicon Valley headliner and CEO of Facebook using his model to better the future of America? Founded by Mark Zuckerberg and Priscilla Chan, the foundation initially focused on Newark, NJ by working to transform the city’s public schools into high quality institutions of education. Ultimately, the goal is to set a standard for other cities to improve their own school systems.
The wife of the late Dr. Robert C. Atkins (yes, that Atkins) supports several Russian orphanages despite a traumatic past which caused her to flee the country. Veronica was born in a Russia at the time of World War II, but fled with her family, never forgetting the other children who were not as lucky.
Forbes’ first person to become a billionaire from books, and single mother is the President of One Parent Families. This non-profit educates, advocates, and supports single parents like herself. Big gifts and donations were lower in 2012 compared to the previous year, but they made a comeback in 2013 according to the Chronicle. Small or big, contributing to another person’s well-being or success can add richness to even the wealthiest lives. Having all the money in the world is meaningless without someone to share it with. These millionaires are more than generous, and that’s more than sexy if you ask me.
What are other ways the 1% has given back that stand out to you?