Buffett Tops 2016 Forbes Ranking of Biggest U.S. Givers

Buffett Tops 2016 Forbes Ranking of Biggest U.S. Givers

As he did in each of the previous two years, Berkshire Hathaway chair tops the list of U.S. philanthropists  in 2016, reports.

In partnership with SHOOK Research, Forbes looked at contributions paid out by living individuals and their foundations — excluding commitments that have yet to be paid out or donations still held as foundation assets — and determined that Buffett donated shares of Berkshire Hathaway valued at $2.86 billion in 2016, with nearly $2.2 billion going to the and the rest to four family charities — the , the , the , and the .

Ranked second through tenth among for 2016 are Gates Foundation co-founders ($2.14 billion); founder ($600 million); founder George Soros ($531 million); ($482 million), co-founder of the Duty Free Shoppers Group and founder of the ; the Waltons, whose disbursed a total of $454 million in 2016; founder ($341 million); co-founders ($291 million); , whose disbursed a total of $289 million in 2016; and  co-founders ($277 million).

In total, the philanthropists on this year's list donated $12.2 billion in 2016, up from $11.1 billion in 2015. With a collective net worth of more than $770 billion, the individuals on the list have given more than $137 billion over their lifetimes. Thirty-eight of the top fifty are also on the 2017 Forbes 400 list, while another three are billionaires but missed the $2 billion cutoff for this year's rankings.

"One trend among America's biggest givers we are continuing to see," said SHOOK Research director Frank Berland, "is the transparency of giving to bring attention to their passions and inspire others to take action."

Jennifer Wang. "." Forbes 10/11/2017.