Mike Bloomberg Tops US Philanthropists in 2025, Despite Bill Gates' Reduced Role

In 2025, US philanthropists donated a record $22.4 billion, led by Mike Bloomberg, Bill Gates, and Paul Allen's estate. Gates, previously a top donor, did not secure the top spot this year, highlighting shifts among the ultrawealthy. This trend underscores the evolving landscape of major philanthropy, with attention likely to turn to the motivations and impacts of these large-scale donations.