People in the world who are worth a billion dollars spend all of their time trying to figure out how to get even richer.
They brag about how rich they are on social media, and the things they buy are so expensive and extravagant that the money they spend could feed a whole country.
However, there are significant differences between each billionaire.
Then there are the multibillionaires who give millions of dollars to charities every week so that they can keep changing and improving people’s lives all over the world.
Rob and Karen Hale, who are married and have a lot of money, have been doing this for a very long time. In fact, they have been giving money to good causes for a long time. But lately, the two have been focusing on helping more local groups.
The two people knew that they needed it more than anyone else.
Rob is not only a co-owner of the Boston Celtics, but he also helped start Granite Telecommunications and is the president of the company. Forbes says that he is worth $5 billion right now.
Because of their achievements at Granite Telecommunications and the Boston Celtics, Rob and Karen are well aware of the good fortune and blessings that have been bestowed upon them. As a result of their achievements, they have more money than they could ever hope to spend.
They are making it a point to help others.
All of them agree that it would be good for their community if they shared their blessings and good news with it. This is because their financial contributions and donations will help the community a lot.
As of the end of September, the couple had given a total of $28.5 million to 29 different charities, some of which work to fight cancer and protect the environment.
But that’s not the end of the story.
The Hales have also given money to groups that are working to solve housing problems in the Dominican Republic and to projects that are trying to give young people in Boston who want to do volunteer work more opportunities.
The wealthy couple knows how hard it is for smaller organizations to get money and attention for their good causes and projects.
They really can’t be stopped.
Rob and Karen have set up charitable endowments with their money, which means that these organizations can keep doing their work forever. Non-profit organizations are able to do things like create annual income streams from which they can take out a set amount.
Many of these donations of multiple millions of dollars help non-profit organizations like the Joe Andruzzi Foundation, which helps cancer patients, and South Short Stars, which serves the communities of south Boston with high-quality early education and youth development programs.
They also help hospitals in some ways.
The Hales have also given millions of dollars to other Boston hospitals and organizations, such as Domestic Violence Ended (DOVE). This donation will help domestic violence victims and survivors, and it could even lead to a new building being built for the DOVE organization.
The Ron Burton Training Village, a camp run by Steve and Paul Burton of WBZ-TV, is another group that has gotten a million dollars from these gifts.
And the very best part is that other people, in addition to the Hales, are contributing their own money to the cause. The world’s billionaires are coming up with new ways to make even more money while also looking for ways to give away some of their extra money.
These multibillionaires and business leaders, like Rob Hale, Warren Buffett, and MacKenzie Scott, are using their money and power to help close the income gap in the United States.
Rob and Kate Hale’s generous financial support makes it possible for them to keep these important organizations going and give them some financial security, even though the economy is in a bad place right now.
Way to go!
