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Half of America’s 25 most generous philanthropists are Jews. Few give to Jewish groups.
(JTA) — Jews made up nearly half of America’s biggest philanthropic donors last year, according to a calculation by Forbes of who gave the most money away in 2022.
In a year that saw their fortunes take a hit amid declines in the stock market, America’s 25 “most generous givers” donated a collective $27 billion, up from $20 billion in 2021, for a lifetime total of $196 billion, according to Forbes. They included 12 billionaires with Jewish backgrounds — a dramatic overrepresentation when compared to the proportion of Jews in the overall U.S. population.
The Jews on the list include financier George Soros, who gave away at least $300 million to racial justice and humanitarian work in Ukraine and other causes; businessman and former New York City mayor Michael Bloomberg with $1.7 billion in donations to charter schools, clean energy, and fighting heart disease; and Meta CEO Mark Zuckerberg, whose charity donated more than $900 million, with much of the money going to fund research into artificial intelligence and genomics at universities.
One thing that stands out about these Jewish philanthropists is that almost none focuses giving on the Jewish community. Only Lynn and Stacy Schusterman of the Tulsa oil dynasty, who are paired together on the list, are prominent donors to Jewish causes.
To be sure, many, if not all of the others have given at least small amounts to Jewish charities. In 2021, for example, Mark Zuckerberg and his wife, Priscilla Chan, announced $1.3 million in gifts to 11 Jewish groups; last year they distributed more than $900 million in total, according to Forbes. Meanwhile, former Microsoft CEO Steve Ballmer and his wife, Connie, have donated at least $1 million to the Jewish National Fund; they gave away more than $800 million last year. And Michael Dell, the founder of the Dell computing company, donated the land for a Jewish community center in his home of Austin, Texas, and supported a recent renovation.
But only the Schustermans, who donated $370 million last year, have prioritized Jewish giving with hundreds of millions of dollars over their decades of involvement in the Jewish communal world.
It’s hard to make comparisons to the past and say whether Jews at the apex of philanthropy ever tended to focus on Jewish causes because the level of wealth today is almost unprecedented, according to Andrés Spokoiny, the president and CEO of the Jewish Funders Network.
“Historically, individuals, except for during the Gilded Age, perhaps, didn’t amass these types of fortunes, and there weren’t many Jews at this economic caliber,” Spokoiny said.
As to why many of the philanthropists don’t dedicate themselves to the Jewish community, Spokoiny offered three explanations. One is, simply, assimilation. “They don’t necessarily have a strong Jewish upbringing or Jewishness does not play a major role in their lives, and in that way they are not different from the rest of us,” Spokoiny said.
Another reason is that, given their immense resources, some prefer to tackle massive global issues such as climate change or pandemics. And lastly, Spokoiny said, some philanthropists think that being associated with Jewish causes might not fit with their political aspirations or personal brand.
Mark Charendoff, who ran the Jewish Funders Network before Spokoiny, is now president of the Maimonides Fund, which has emerged as a major Jewish charity in recent years. He echoed some of the same explanations as Spokoiny. He also said that in past generations, wealthy Jews who wished to enter philanthropy didn’t always have the option of donating outside the Jewish community.
“Universities, hospitals, symphonies weren’t always excited about having Jewish donors, particularly active ones,” Charendoff said. “Now you would be hard-pressed to find a not-for-profit that isn’t eager for Jewish representation.”
Successful fundraising by Jewish recipients in what Charendoff calls the “more competitive landscape” of today will require long-term investments in fostering Jewish identity, he said.
“If we want the biggest philanthropists to give more Jewishly then we need to invest more in Jewish education and engagement for all Jews,” he said.
Here are the philanthropists with Jewish roots who made Forbes’ “America’s Most Generous Givers” list.
George Soros: +$300 million in 2022
Michael Bloomberg: +$1.7 billion
Jim & Marilyn Simons: +$1.9 billion
Mark Zuckerberg & Priscilla Chan: +$900 million
Edythe Broad & family: +$340 million
Steve & Connie Ballmer: +$800 million
Sergey Brin: Newcomer to the list
Lynn & Stacy Schusterman: +$370 million
Michael & Susan Dell: +$177 million
Donald Bren: +$470 million
Dustin Moskovitz & Cari Tuna: +$670 million
George Kaiser: +$120 million
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US-Israeli Attack Triggers Fear and Panic in Iran
Buildings stand, after Israel and the US launched strikes on Iran, in Tehran, Iran, February 28, 2026. Photo: Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
Iranians fled cities in search of safety, and long queues formed at fuel stations as an attack on Iran by the United States and Israel spread fear and panic throughout the country.
When the strikes began on Saturday morning, explosions rocked Tehran and columns of smoke rose into the sky, shaking the city at the start of the Iranian working week.
Residents reached by phone described scenes of chaos and alarm as they rushed to collect their children from school or made preparations to leave home for now.
“We are going to our hometown in Yazd, Tehran is not safe anymore. They said roads are safe, but I am worried,” said Gholamreza, a Tehran shopkeeper and father of two. “I am leaving everything behind in Tehran.”
It marks the latest upheaval for Iranians weeks after thousands of people were killed in a government crackdown on nationwide unrest, and comes just eight months after last year’s 12-day war with Israel, during which the United States bombed Iranian nuclear sites.
Iran’s top security body said it expected attacks to continue on Tehran and some other cities, and urged people to “travel to other cities where possible so that you may remain safe from the harm of these two regimes’ acts of aggression.” Schools and universities would be closed until further notice.
“We are scared, we are terrified. My children are shaking, we have nowhere to go, we will die here,” said Minou, a 32-year-old mother of two from the northern city of Tabriz, one of many areas where explosions were reported.
“What is going to happen to my children?” she said, crying as she spoke by phone.
US President Donald Trump said the operation would end a security threat to the United States and offer Iranians a chance to topple their rulers. The Pentagon said that US strikes against Iran were named “OPERATION EPIC FURY.”
An Iranian from the central city of Yazd said he hoped the attack would topple the clerical establishment that has run the country since the 1979 Islamic Revolution. “Let them bomb,” the resident of Yazd said.
Samira Mohebbi, speaking from the northern city of Rasht, disagreed.
“I am against this regime, to hell with them. But I don’t want my country to be attacked by foreign forces, I don’t want my Iran to turn into Iraq,” she said, referring to the neighboring country that suffered years of chaos and bloodshed following the U.S.-led invasion that toppled Saddam Hussein.
‘THEY FOOLED US AGAIN’
Security forces blocked roads in the area of Tehran that is home to the offices of Supreme Leader Ayatollah Ali Khamenei, President Masoud Pezeshkian and parliament, witnesses said.
The latest round of negotiations between the United States and Iran in Geneva on Thursday failed to secure a breakthrough over Tehran’s nuclear programme, though Omani mediators reported progress.
“They said the nuclear talks are going well. They fooled us again,” said a resident of Tehran.
Zohreh, 28, said she would leave the port city of Bushehr with her three-year-old daughter and go to her parents’ home in a village in northern Iran.
“Why are we paying this price? I want my daughter to grow up safe and in peace,” she said.
Western governments have long suspected Iran aims to build a nuclear bomb. Tehran has always denied this.
Witnesses said people were rushing to buy hard currency.
In Isfahan, another area where attacks were reported, some said they were unable to withdraw cash from ATMs.
Reza Saadati, 45, said he was taking his family to the city of Urumieh near the Turkish border. “If the border is open, we will cross and then fly to Istanbul,” he said.
Mohammad Esmaili, 63, speaking from the town of Ilam, some 500 km (300 miles) from Tehran, said he would leave the town with his family. “God knows what will happen to us. Pray for us,” he said.
“People are shocked, scared. What is going to happen to us? Save us please,” said a woman from Tehran.
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Prior to Iran attacks, CIA assessed Khamenei Would Be Replaced by IRCG Elements if Killed
Members of the Islamic Revolutionary Guard Corps (IRGC) attend an IRGC ground forces military drill in the Aras area, East Azerbaijan province, Iran, Oct. 17, 2022. Photo: IRGC/WANA (West Asia News Agency)/Handout via REUTERS
In the run-up to the US and Israeli attacks on Saturday, the US Central Intelligence Agency assessed that even if Iran’s Supreme Leader Ayatollah Ali Khamenei was killed in the operation, he would likely be replaced by hardline figures from the Islamic Revolutionary Guard Corps (IRGC), two sources briefed on the intelligence said.
The assessments, which were produced over the past two weeks, looked broadly at what could occur in Iran following a US intervention and the extent to which a military operation could trigger regime change in the Islamic Republic — now a pronounced objective for Washington.
The IRGC is an elite military force whose purpose is to protect Shi’ite Muslim clerical rule in Iran.
The intelligence agency reports did not conclude any scenario with certainty, said the sources, who spoke on condition of anonymity to discuss intelligence matters.
The Central Intelligence Agency declined to comment.
President Donald Trump has for weeks signaled the US was interested in seeing regime change in Iran, but has not given in any detail Washington’s thinking on who could lead the country.
In an early morning video address on Saturday, Trump described Tehran as a “terrorist regime” and encouraged the Iranian people to take over the government, saying the US military strikes would set the stage for an uprising.
The US and Israeli assault comes after weeks of deliberation inside the US government about whether to strike Iran following the deadly protests that broke out there in December.
US officials in recent weeks have tried to strike a nuclear deal with Tehran in an attempt to stave off intervention.
In a briefing last week, Secretary of State Marco Rubio told top congressional lawmakers known as the Gang of Eight that a US operation would likely move forward, but that Trump could change his mind, particularly if nuclear negotiations were successful. Those talks in Geneva did not result in an agreement.
Rubio notified the Gang of Eight on Friday night that the operation to attack Iran was likely to commence in the following hours but said Trump could still change his mind, two sources familiar with the matter said.
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US and Israel Launched Military Operation Against Islamic Republic: This Is What We Know So Far
Iranian mourners wave the country’s flags while participating in a memorial ceremony for IRGC commanders, nuclear scientists, and civilians killed in the Iran-Israel war at the Imam Khomeini Grand Mosque in downtown Tehran, Iran, on July 2, 2025. Photo: Morteza Nikoubazl via Reuters Connect.
i24 News – It’s been just over ten hours since the US and Israel launched operations “Epic Fury” and “Roaring Lion” against the Islamic Republic. And while this is still a developing story, here is what we know.
Just after 8 am local time the US and Israel launched a series of strikes on Iranian military targets across Iran. The main targets were Iran’s leaders and IRGC senior commanders in Iran and some targets in Iraq.
The IDF says it struck hundreds of targets, including ready-to-fire ballistic missile launchers. While there is no official confirmation of any specific eliminations, Iran’s foreign minister confirmed that some senior commanders were eliminated.
As Israeli and US strikes continued, Iran launched numerous ballistic missile barrages across Israel, and against six Arab countries, namely Saudi Arabia, the UAE, Qatar, Jordan, Kuwait and Bahrain, who all condemned the Iranian strikes on their territory. Iran claims it targeted US military bases in the region.
The escalation also saw a rare sign of unity between Riyadh and Abu Dhabi, who have suffered from tense relations in recent weeks.
Iran has vowed to continue its strikes across the region, with Israeli officials saying they expect the strikes against Iran to continue for at least a few days.
While Iran has already turned this into a regional conflict, it still has potential to expand further. So far, neither Hezbollah in Lebanon nor Pro-Iranian militias in Iraq have joined the fray.
Lebanese Prime Minister Nawaf Salam sent a warning message to Hezbollah not to drag the country into, quote, “adventures that threaten its security and unity.”