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☆ How Russian billionaire Roman Abramovich fell from grace after Putin's invasion of Ukraine
▼ + stars: | 2022-12-24 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +1 min

A few days after the start of the war, Abramovich said he was selling Chelsea FC, ending 19 years of ownership. Roman Abramovich celebrates Chelsea FC winning the Premier League in London, England, on May 21, 2017. Catherine Ivill/AMA/Getty ImagesAbramovich announced he was selling the Premier League soccer team on March 2. "Moreover, I have instructed my team to set up a charitable foundation where all net proceeds from the sale will be donated. The foundation will be for the benefit of all victims of the war in Ukraine," he added.

☆ Google cofounders Larry Page and Sergey Brin gave $438 million to charities through their foundations last year. Here's where the tech gurus' huge donations went.
▼ + stars: | 2022-12-14 | by ( Rob Price | Hugh Langley | ) www.businessinsider.com time to read: +8 min

In 2021, Google's cofounders, Larry Page and Sergey Brin, collectively gave away nearly half a billion dollars from their philanthropic foundations. 2 moguls, 2 different approaches to charitiesBrin's personal foundation, the Sergey Brin Family Foundation, disbursed roughly $250 million in both 2020 and 2021. The Sergey Brin Family Foundation lists three key officers. Brin's and Page's philanthropic donations, while extensive, represent a fraction of their net worths. Brin donates directly to the Sergey Brin Family Foundation, while Page's contributions to the Carl Victor Page Memorial Foundation are routed through a limited-liability company named Florida LLC.

☆ Herschel Walker had ties to two charities that appear to have engaged in little, if any charity
▼ + stars: | 2022-12-05 | by ( Hanna Kang | ) www.businessinsider.com time to read: +11 min

He was also featured in marketing material for the Livio Cares Foundation and was listed as a Livio Cares Partner. However, there is no evidence Livio Cares engaged in philanthropic activities. According to ProPublica's Nonprofit Explorer, Walker was listed as the director of VMP Nutrition Foundation in Fort Worth, Texas. According to the Texas Comptroller of Public Accounts website, the right to transact business in Texas for VMP Nutrition as well as VMP Nutrition Foundation is listed as "forfeited." In 2017, VMP Nutrition and its founder Rodriguez settled a lawsuit filed by Southside Bank for an alleged failure to repay a $2,795,534 lien.

☆ Berkshire Hathaway says Warren Buffett donates shares to family charities
▼ + stars: | 2022-11-23 | by ( ) www.reuters.com time to read: +2 min

Nov 23 (Reuters) - Berkshire Hathaway Inc (BRKa.N) said Warren Buffett has donated more of his fortune to four family charities, without disclosing whether the billionaire chairman made a new donation to the Bill & Melinda Gates Foundation. Buffett donated 1.5 million shares to the Susan Thompson Buffett Foundation. Another 900,000 shares were split evenly among charities run by his children Howard, Susan and Peter: the Howard G. Buffett Foundation, the Sherwood Foundation and the Novo Foundation. Buffett has since 2006 donated more than half of his Berkshire shares, worth more than $46 billion at the time of the donations. According the Buffett family foundation websites, the Howard G. Buffett Foundation works to alleviate hunger, mitigate conflicts and improve public safety around the world.

☆ Fact Check-TOGETHER Trial says involvement with FTX began after testing that found ivermectin ineffective
▼ + stars: | 2022-11-22 | by ( Reuters Fact Check | ) www.reuters.com time to read: +6 min

Amid news surrounding failed cryptocurrency firm FTX, social media users are pointing to FTX having funded the TOGETHER Trial, a research consortium that studied ivermectin as a COVID-19 treatment and found it to be ineffective. But FTX did not interact with the research group until after the ivermectin trial was over, a TOGETHER Trial spokesperson told Reuters. An Instagram user shared an image that said, “Holy crap look who funded the trial that said Ivermectin didn’t work” (here). Similar claims surrounding FTX’s involvement with the TOGETHER Trial are viewable (here) and (here). FTX is not named as a contributor to the ivermectin trial because they weren’t involved, according to Mills, who added that the same is true of hydroxychloroquine and the other medications TOGETHER Trial investigated during the pandemic.

☆ ‘I believe movement is life,’ says Didier Drogba, the winner of inaugural CNN ‘Off the Pitch’ prize at Dubai Globe Soccer Awards
▼ + stars: | 2022-11-16 | by ( Eoin Mcsweeney | ) edition.cnn.com time to read: +5 min

CNNTo recognize the foundation’s achievements, Drogba has been awarded the inaugural CNN “Off the Pitch” prize, in partnership with Dubai Globe Soccer Awards. Now in its 13th edition, this year’s ceremony on November 17, comes just three days before the beginning of the 2022 Qatar World Cup. “It means a lot to me and to the people working at the foundation,” Drogba told CNN’s Becky Anderson. So, the more you move, the more you are active, the more you are healthy,” Drogba told CNN. So that’s the impact, a message like this one from a football player can achieve [that],” Drogba told CNN.

A picture of Lebanon's Prime Minister-designate Najib Mikati is placed on a residential building in the northern city of Tripoli, Lebanon September 23, 2022. The tragedy has underscored soaring poverty in northern Lebanon, and Tripoli in particular, that is driving ever more people to take desperate measures three years into the country's devastating financial collapse. Tripoli, Lebanon's second city with a population of roughly half a million, was already Lebanon's poorest before the country plummeted into financial crisis, the result of decades of corruption and bad governance overseen by ruling elites. The economic crisis has led poverty to sky-rocket, with 80% of the population of some 6.5 million poor, according to the United Nations. Several other boats attempted the voyage from Lebanon last week: Cyprus rescued 477 people from two vessels that left Lebanon.

☆ Bill Gates says political polarization 'may bring it all to an end' and could even lead to a civil war
▼ + stars: | 2022-09-24 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

Bill Gates is sounding the alarm on political polarization in the US. "Political polarization may bring it all to an end, we're going to have a hung election and a civil war," he told Forbes recently. Gates, who has been the target of many conspiracy theories over the years, also pointed out the dangers of misinformation. Over the years, Gates and ex-wife Melinda French Gates have donated billions to vaccine research, development, and delivery through their foundation. Anybody who's got good innovations on reducing polarization, getting the truth to be as interesting as the crazy stuff, that would be well worth investing in," Gates told Forbes.

But whatever your feelings toward Elizabeth, it’s clear that the institution of the British monarchy is far from benevolent. Meanwhile, the exact worth of the British monarchy is very difficult to calculate. The Sunday Times' Rich List calculated the queen’s personal net worth as 370 million pounds (more than $420 million), while the author and royal expert David McClure estimated it at 400 million pounds (around $460 million). In 2021-2022, the royal household’s financial report calculated this as 86.3 million pounds ($98.5 million). (According to the BBC, this portfolio generates around 20 million pounds a year in profits.)

☆ Russian teachers have reportedly been asked to give up a part of their salaries and donate it to Russian soldiers invading Ukraine
▼ + stars: | 2022-09-15 | by ( Rebecca Cohen | ) www.businessinsider.com time to read: +3 min

Russian teachers have been asked to give part of their salaries to soldiers invading Ukraine. A teacher at one of the schools told Important Stories they were given flyers to apply to donate. The teacher told Important Stories that only 50% of the staff at their school applied to donate to the soldiers. Russian soldiers, meanwhile, have been fleeing villages disguised as locals amid Ukraine's surprise counteroffensive in its Kharkiv region, The Washington Post and Financial Times reported Sunday. "Now the practice will expand," he told Important Stories, "because there isn't much money in the budget."

☆ Actress Elizabeth Hurley says cancer awareness now 'more vital than it's ever been'
▼ + stars: | 2022-02-03 | by ( Tania Bryer | ) www.cnbc.com time to read: +6 min

So, if anything, this World Cancer Day this year in 2022 is more vital than it's ever been." Hurley was speaking to "CNBC Meets" in her role as global ambassador for The Estée Lauder Companies' Breast Cancer Campaign, ahead of World Cancer Day on Feb. 4. Both women and men can be diagnosed with breast cancer which has now overtaken lung cancer as the most commonly diagnosed cancer in the world. The Breast Cancer Campaign and The Estée Lauder Companies Charitable Foundation have since provided over $108 million toward "global research, education and medical services." They're talking about fundraising, they're talking about treatments, they're talking about diagnosis, they're talking about aftercare if you've been diagnosed, how should people be treated, what can we do to help?"

With the term “personal taxes,” however, Mr. Garten appears to be conflating income taxes with other federal taxes Mr. Trump has paid — Social Security, Medicare and taxes for his household employees. Fragments of Mr. Trump’s tax returns have leaked out before. Mr. Agalarov’s father, Aras, a billionaire who boasts of close ties to Mr. Putin, was Mr. Trump’s partner in the event. Mr. Trump’s avoidance of income taxes is one of the most striking discoveries in his tax returns, especially given the vast wash of income itemized elsewhere in those filings. When they got to line 56, the one for income taxes due, the amount was the same each year: $750.

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