The contingency plan for one of the world’s largest philanthropic foundations was announced website by Chief Executive Officer Mark Suzman, a move that would ensure a successful transition for the foundation that has spent over $50 billion in the past two decades toward combating poverty and disease.
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July 7 (Reuters) – Short-video sharing app TikTok on Wednesday launched a pilot program that lets users upload video resumes for U.S.-based jobs ranging from a WWE Superstar to a senior data engineer at Shopify or a creative producer at TikTok itself.
Wednesday’s announcement also comes after billionaire investor Warren Buffett in June said he was resigning as a trustee of the foundation, and had donated half his wealth to philanthropy since pledging 15 years ago to give away his fortune from running Berkshire Hathaway Inc.
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The foundation said the controlling billionaire benefactors, Bill and Melinda, will contribute $15 billion, their single largest contribution since 2000, bringing the total endowment to about $65 billion.
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If Melinda resigns after two years, she would receive personal resources from Bill for her philanthropic work, which would be completely separate from the foundation’s endowment, the foundation said in a blog post on Wednesday.
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Roman Abramovich ‘releases funds for Chelsea to sign £150m Erling Haaland and will REFUSE to give up on signing him’
Roman Abramovich has handed Chelsea the funds to go and get Borussia Dortmund star striker Erling Haaland this summer for £150million, according to reports.
