300,000ha Queensland cattle station bought for conservation after $21m donation

State government and Nature Conservancy jointly purchase Vergemont station, which contains habitat for endangered night parrots

A Queensland outback cattle station the size of Yosemite national park which includes key habitat for the elusive night parrot has been acquired for conservation after an anonymous donation of $21m.

Vergemont station, 110km west of Longreach, was acquired in a joint purchase by the Queensland government and the Nature Conservancy, which brokered the deal. The group said it is likely the single largest philanthropic contribution to land protection in Australia.

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Nicola Forrest to become Australia’s second richest woman after split from billionaire Andrew Forrest

Pair say decision to live apart will have no impact on their shared business interests and philanthropy

Australia’s wealthiest couple Andrew and Nicola Forrest have separated after more than three decades of marriage, but they say the split will not affect their shared business or philanthropic interests.

Most of their wealth comes from a more than one-third stake in iron ore miner Fortescue, which is attempting to diversify into hydrogen production.

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Vogue editor Anna Wintour planning London’s answer to Met Gala

Stormzy, Naomi Campbell and Sadiq Khan among those expected at ticketed fashion show raising funds for city’s arts scene

In a perfect storm of fashion catwalk and West End theatrics, Vogue’s editor-in-chief, Anna Wintour, is planning a philanthropic arts extravaganza that she hopes will take over the world “in the way the Met Gala did” – while raising money for London’s struggling arts scene.

Featuring Naomi Campbell, Stormzy and Michaela Coel, alongside the mayor of London, Sadiq Khan, and the actor Sir Ian McKellen, the evening event will take place at London’s Theatre Royal Drury Lane, and include a red carpet outside, a catwalk show within, and live performances overseen by director Stephen Daldry.

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Billionaire boys’ club: trucking magnate Lindsay Fox celebrates birthday with men-only knees up

High profile male politicians, sports stars and businessmen attended Scottish-themed lunch at National Gallery of Victoria – but not their female counterparts

There were bagpipes, tartan-clad security guards and plenty of kilts, but there was one thing conspicuously missing from billionaire trucking magnate Lindsay Fox’s 86th birthday party: women.

The Scottish-themed private lunch at the National Gallery of Victoria, to which the Fox family donated $100m last year, was a men-only affair attended by several prominent politicians, sportsmen and businessmen.

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Billionaire philanthropist MacKenzie Scott donates $84.5m to Girl Scouts

Ex-wife of Amazon founder continues to ‘empty the safe’ after 2019 divorce that netted her $38bn

The Girl Scouts has received the largest monetary donation in its history, from novelist and billionaire philanthropist MacKenzie Scott, who was once married to Amazon founder Jeff Bezos.

An announcement from the Girl Scouts of the USA on Tuesday thanked Scott for her gift of $84.5m, which the organization pledged to use toward helping its recovery from various shutdowns associated with controlling the worldwide coronavirus pandemic.

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Billionaire MacKenzie Scott donates $15m to help provide glasses to farmers in developing countries

Donation is believed to be the largest single donation towards helping solve the problem of uncorrected blurry vision

MacKenzie Scott, the billionaire philanthropist and former wife of the Amazon founder Jeff Bezos, has donated $15m (£13.5m) to a social enterprise that helps provide glasses to farmers in developing countries.

Scott’s donation to VisionSpring is believed to be the largest single private donation towards helping solve the problem of uncorrected blurry vision which leaves hundreds of millions of people in poverty.

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Judith Neilson Institute dismisses remaining members of advisory board after earlier director walkout

Staff and media beneficiaries perplexed by ‘totally unnecessary disruption’ as institute pivots to promote ‘social change journalism’

The Judith Neilson Institute for Journalism and Ideas (JNI) has dismissed the remaining members of its international advisory council ahead of a review of the not-for-profit which has now been stripped of its founding board, expert journalism panel and management.

The billionaire philanthropist funded the institute to the tune of $100m in 2018, but blindsided the organisation earlier this year by announcing she wanted to take it in a different direction.

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UK aid cuts make it vital to address anti-black bias in funding | Kennedy Odede

Covid-19 has shown the effectiveness of local partners. If the sector is to respond and rebuild, it must redistribute power

The UK’s cut to its aid budget comes to about £4bn a year. Such a dramatic reduction is a blow to many, but most of all to the local organisations who perpetually find themselves last in line for funding.

New research by the Vodafone Foundation reveals that, too often, only a small proportion of philanthropic funding earmarked for African development reaches local, African-led civil society organisations. Instead, most development funding favours intermediaries in the global north and international organisations.

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Magic Johnson: the NBA superstar who smashed HIV stigma – then built a huge fortune

He stunned basketball fans and transformed HIV awareness by announcing his diagnosis in 1991. Thirty years on, he discusses his relationship with Anthony Fauci, the meaning of money and why he’s still optimistic

On 7 November 1991, a press conference in Inglewood, California, brought America to a standstill. Against a black-draped backdrop, dressed in a black suit, white shirt and multicoloured tie, Earvin “Magic” Johnson, spoke calmly into a single microphone and told the world that he had been diagnosed with HIV.

Cameras flashed and reporters clamoured to ask questions, but Johnson, National Basketball Association (NBA) superstar and one of the world’s most revered athletes, appeared unfazed as he announced his immediate retirement. Had he grappled with his own mortality? When had he found out? How had he acquired the virus? What would he do next?

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Philanthropist MacKenzie Scott gives away $2.7bn to hundreds of charities

Ex-wife of Jeff Bezos gives to 286 groups and says she wants to donate ‘fortune that was enabled by systems in need of change’

The American novelist and philanthropist MacKenzie Scott said on Tuesday she had given a further $2.7bn (£1.9bn) to 286 organisations.

Scott, who was formerly married to Amazon founder Jeff Bezos, issued a statement regarding distribution of the latest tranche of her $57bn fortune.

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Aid spending in Africa must be African-led – it needs a Black Lives Matter reckoning | Dedo Baranshamaje and Katie Bunten-Wamaru

If we use this pivotal moment to shift funding to grassroots groups we could unlock transformational change

While the US continues to reckon with its long-simmering struggle against racial injustice, it is important to remember that racism is not just a homegrown problem – we are also exporting it.

As we begin 2021, global philanthropy has an opportunity to address this.

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Covid billionaires should help starving people, says charity boss

Head of World Food Program USA says 235 million people ‘marching toward starvation’

Billionaires whose wealth has soared during the coronavirus pandemic should stump up to provide emergency aid to the record numbers of people facing starvation, the head of a US charity supporting the World Food Programme has said.

Related: Billionaires' wealth rises to $10.2 trillion amid Covid crisis

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Closing the race gap in philanthropy demands radical candour

Why should black founders jump through more hoops to earn funders’ trust?

I was in Kibera, Africa’s largest slum, when I heard about the shooting of another black man, Jacob Blake, by US police. Close by is a mural of George Floyd, painted on a wall near where I grew up, a reminder that the current upheaval surrounding race in the US has global repercussions. Just as calls for racial justice echo in American and European streets, government offices and boardrooms, we must not forget that the legacy of racial injustice extends far beyond those borders and any honest reckoning must include open dialogue around race in international development.

In Africa, white-led institutions have shaped the development and social entrepreneurship landscape, deciding who succeeds and who fails. Only recently has there been a growing recognition of these imperialist dynamics, which uplift foreign-led practitioners more than local ones. There is a growing consensus that the future should and must be created and led by Africans, because real progress requires it to be on our own terms. And yet, this is just talk until funders shift resources and power, at scale, towards local solutions.

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George Soros: ‘Brexit hurts both sides – my money was used to educate the British public’

The philanthropist who has spent billions promoting democracy talks populism, Trump and powerful enemies

Around three decades ago, George Soros was introduced to a brash property magnate over dinner at a country house in the Catskills, upstate New York. Donald Trump was about to launch a New York office block, and he asked Soros to be his lead tenant. Soros was already a spectacularly successful financier, but told Trump he simply couldn’t afford it. “And that was just because I didn’t like him,” he tells me, smiling.

It’s not hard to see why Soros took such an instant dislike. Worldly, bookish, curious and somewhat shy, he tends to find other businessmen boring. He is unimpressed by celebrity, preferring the company of intellectuals, journalists and anyone he feels knows more about a given subject than he does. As a hedge fund manager, he was more likely to spend his free time reading and writing philosophy texts than hanging out on the golf course. If you had to conjure up a personality that is the polar opposite of the current president of the United States, it would look a lot like Soros.

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MacKenzie Bezos pledges at least half her wealth to charity

Jeff Bezos’ former wife, known as world’s 22nd richest person with $36.6bn fortune, signs up to the Giving Pledge

MacKenzie Bezos, who recently became the world’s fourth richest woman after her divorce from Jeff Bezos, founder and chief executive of Amazon, has promised to give away at least half her $36.6bn (£28.4bn) fortune.

The 49 year-old novelist and founder of the anti-bullying group Bystander Revolution said on Tuesday that she had “a disproportionate amount of money to share” and promised to work hard at giving it away “until the safe is empty”.

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My family will pay off your loans, billionaire tells graduating students – video

Robert Smith, a billionaire investor, surprises students at Morehouse College in Atlanta, Georgia, by using his speech at a commencement ceremony to pledge to wipe the debts of the 2019 class. 'This is my class – 2019 – and my family is making a grant to eliminate their student loans. I know my class will make sure they pay this forward,' he said

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Melinda Gates: ‘I look for potential and then try to figure out how to scale it up’

The philanthropist and wife of Bill Gates on what she tells her kids, getting women into tech and the perils of wealth

Melinda Gates is co-founder of the Bill & Melinda Gates Foundation, which she set up with her husband, Bill Gates. It is the largest private charitable organisation in the world and uses Microsoft’s billions in diverse philanthropic drives: supplying vaccines and birth control to developing countries and working to get the world’s 130 million girls not in formal education into school. Gates was herself educated in an all-girls Catholic high school in Dallas and studied computer science and economics at university before taking a job with “a smallish software company called Microsoft”. Her new book The Moment of Lift is an illuminating and often moving scrutiny of the ways in which the lot of women can be improved; her argument is that it is only by involving women that the world will be changed for the better. She lives in Seattle with her husband and their three children.

What, aside from donating, are the top three things a western woman could do to improve her situation and help the world beyond herself?
The first thing I’d urge is: look into your own home. Figure out whether you have true equality. Sit down with your partner and say: “OK, who is doing the dishes? Who is putting the rubbish out? Who is doing the gardening? Do we need to make some changes?” [Her book describes her own negotiations with Bill over divisions of labour – he volunteers to do the school run.] And if there isn’t equality, you need to bring up some tough conversations about unpaid labour in your home. The second thing that still needs saying to women is that it is essential to vote – and to vote for candidates whose policies best support women. And the third thing is: look at your workplace. Is there full transparency about pay?

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Nan Goldin threatens London gallery boycott over £1m gift from Sackler fund

Artist brands planned donation from pharmaceutical family to National Portrait Gallery unethical over OxyContin link

The National Portrait Gallery will be forced to turn down a gift of £1m from members of the multibillionaire Sackler family if it goes ahead with a prestigious new exhibition of the work of US artist Nan Goldin.

The photographer and activist is threatening to boycott the gallery if it accepts the donation from the owners of the American pharmaceutical company that makes the addictive painkiller OxyContin, the Observer has learned.

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