Billionaire decides to give away $1 million on a weekly basis for a year
Superheroes truly wear no capes.There are billionaires in the world who dedicate their time to figuring out how to grow their money and assets.
They flaunt their wealth on social media and buy the most extravagant purchases that are so pricey that they could feed a small nation.
But not all billionaires are the same.
Then there are the multibillionaires who give millions of dollars to a variety of charities each week to ensure that they keep changing and bettering people’s lives.
For the past 52 weeks, wealthy couple Rob and Karen Hale have consistently done this. In actuality, they have a long history of charitable giving. The duo, though, has lately concentrated on funding smaller charities.
The couple knew they need it the most.
In addition to being a co-owner of the Boston Celtics, Rob is the co-founder and president of Granite Telecommunications. His current net worth is estimated by Forbes to be $5 billion.
Rob and Karen are aware of how really lucky and blessed they are since they have more money than they could possibly spend because of their success at Granite Telecommunications and the Boston Celtics.
They are paying it forward.
Due to the fact that their community stands to gain much from their financial contributions and donations, they are all in favor of sharing their blessings and good news with it.
The pair gave $28.5 million to 29 nonprofit organizations as of late September, some of which are engaged in cancer and environmental activities.
It doesn’t stop there.
SOURCE:YOUTUBE – CBS BOSTON
The Hales have also made donations to groups working on shelter concerns in the Dominican Republic and projects aiming to provide access for Boston children interested in participating in volunteer projects.
The affluent pair is aware that many small organizations with worthwhile causes and initiatives struggle to raise money and support.
They are truly unstoppable.
Rob and Karen make financial contributions as charity endowments to ensure that these organizations may continue to operate. Non-profit organizations can produce yearly income streams from which they can use a specific amount in this way.