Center for Political Awareness

The Forbes Philanthropy Score 2023: How Charitable Are The Richest Americans?

The members of The Forbes 400 have made a lot of money. They haven’t given all that much of it away. (Click image for article.)

Image: Mark Zuckerberg, Jeff Bezos, Elon Musk JOE MORSE FOR FORBES

 

America’s wealthiest people also rank among the nation’s biggest philanthropists, donating billions toward cures for disease, college endowments and climate initiatives. But how generous are the super-rich, really? Not very, according to Forbes’ research. The members of the 2023 Forbes 400 list have collectively given more than $250 billion to charity, by our count—less than 6% of their combined net worth.

Of course, some are much more generous than others. To see how philanthropic each Forbes 400 member has been, Forbes dug into their known charitable giving and assigned each a philanthropy score, ranging from 1 to 5. If we couldn’t find any information about a person’s giving and they declined to provide details, we gave them a score of N/A.

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