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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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Nick Fuentes says his problem with Trump ‘is that he is not Hitler’
(JTA) — In the fall, a video of Nick Fuentes criticizing Donald Trump drew the praise of progressive ex-Congressman Jamaal Bowman.
“Finally getting it Nick,” Bowman commented, apparently recognizing some common ground between himself on the left and Fuentes, on the far right, who said in the video that Trump was “better than the Democrats for Israel, for the oil and gas industry, for Silicon Valley, for Wall Street,” but said he wasn’t “better for us.”
Now, Fuentes says there is actually no common ground between him and those on the left.
“My problem with Trump isn’t that he’s Hitler — my problem with Trump is that he is not Hitler,” Fuentes said during his streaming show on Tuesday, which focused mostly on the potential for an American attack on Iran.
He continued, “You have all these left-wing people saying, ‘Why do I agree with Nick Fuentes?’ It’s like, I’m criticizing Trump because there’s not enough deportations, there’s not enough ICE brutality, there’s not enough National Guard. Sort of a big difference!”
Fuentes, the streamer and avowed antisemite who has previously said Hitler was “very f–king cool,” has been gaining more traction as a voice on the right. His interview with Tucker Carlson in October plunged Republicans into an ongoing debate over antisemitism within their ranks, inflaming the divide between a pro-Israel wing of the party and an emerging, isolationist “America First” wing that’s against U.S. military assistance to Israel.
Once a pro-Trump MAGA Republican, Fuentes has become the leader of the “groyper” movement advocating for farther-right positions. The set of Fuentes’ show includes both a hat and a mug with the words “America First” on his desk.
In a New York Times interview, Trump recently weighed in on rising tensions within the Republican Party, saying Republican leaders should “absolutely” condemn figures who promote antisemitism, and that he does not approve of antisemites in the party.
“No, I don’t. I think we don’t need them. I think we don’t like them,” replied Trump when asked by a reporter whether there was room within the Republican coalition for antisemitic figures.
Asked if he would condemn Fuentes, Trump initially claimed that he didn’t know the antisemitic streamer, before acknowledging that he had had dinner with him alongside Kanye West in 2022.
“I had dinner with him, one time, where he came as a guest of Kanye West. I didn’t know who he was bringing,” Trump said. “He said, ‘Do you mind if I bring a friend?’ I said, ‘I don’t care.’ And it was Nick Fuentes? I don’t know Nick Fuentes.”
Trump flaunted his pro-Israel bona fides in the interview, mentioning the recent announcement that he was nominated for Israel’s top civilian honor and calling himself the “best president of the United States in the history of this country toward Israel.”
Fuentes, meanwhile, spent the bulk of his show on Tuesday speculating that Trump will order the U.S. to attack Iran, and concluded that “Israel is holding our hand walking us down the road toward an inevitable war.”
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Larry Ellison once renamed a superyacht because its name spelled backwards was ‘I’m a Nazi’
(JTA) — Larry Ellison, the Jewish founder of Oracle and a major pro-Israel donor, has recently been in the headlines for his media acquisition ventures with his son.
The new scrutiny on the family has surfaced a decades-old detail about Ellison: that he once rechristened a superyacht after realizing that its original name carried an antisemitic tinge.
In 1999, Ellison — then No. 23 on Forbes’ billionaires list, well on his way to his No. 4 ranking today — purchased a boat called Izanami.
Originally built for a Japanese businessman, the 191-foot superyacht was named for a Shinto deity. But Ellison soon realized what the name read backwards: “I’m a Nazi.”
“Izanami and Izanagi are the names of the two Shinto deities that gave birth to the Japanese islands, or so legend has it,” Ellison said in “Softwar,” a 2013 biography. “When the local newspapers started pointing out that Izanami was ‘I’m a Nazi’ spelled backward, I had the choice of explaining Shintoism to the reporters at the San Francisco Chronicle or changing the name of the boat.” He renamed the boat Ronin and later sold it.
The decades-old factoid resurfaced this week because of a New York Magazine profile of Ellison’s son, David Ellison, the chair and CEO of Paramount-Skydance Corporation.
Skydance Corporation, which David Ellison founded in 2006, completed an $8 billion merger last year with Paramount Global. Larry Ellison, meanwhile, joined an investor consortium that signed a deal to purchase TikTok, the social media juggernaut accused of spreading antisemitism. Together, father and son also staged a hostile bid to purchase Warner Bros. but were outmatched by Netflix.
After acquiring Paramount, David Ellison appointed The Free Press founder Bari Weiss as the editor-in-chief of CBS News, in an endorsement of Weiss’ contrarian and pro-Israel outlook that has been challenged as overly friendly to the Trump administration.
Larry Ellison, who was raised in a Reform Jewish home by his adoptive Jewish parents, has long been a donor to pro-Israel and Jewish causes, including to Friends of the Israel Defense Forces. In September, he briefly topped the Bloomberg Billionaires Index as the world’s richest man.
In December, Oracle struck a deal to provide cloud services for TikTok, with some advocates hoping for tougher safeguards against antisemitism on the social media platform
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Alex Bregman, who drew a Jewish star on his cap after Oct. 7, inks $175M deal with the Cubs
(JTA) — For the second year in a row, Jewish star third baseman Alex Bregman has signed a lucrative free-agent contract with a team that is run by a Jewish executive and plays in a historic ballpark in a city with a significant Jewish community.
Last year, it was the Boston Red Sox. Now, Bregman is headed to the Chicago Cubs — a team whose Jewish fans possess almost religious devotion.
Bregman, who had opted out of a three-year, $120 million deal with Boston, has signed a five-year, $175 million pact with the Cubs. It is the second-largest contract ever signed by a Jewish ballplayer, behind Max Fried’s $218 million contract in 2024. Bregman previously signed a five-year, $100 million extension with the Houston Astros in 2019.
Bregman, who played the first nine years of his career in Houston, has been one of baseball’s premier third basemen over the past decade, with three All-Star selections, a Gold Glove, a Silver Slugger and two World Series rings. He’s also heralded for his leadership on and off the field.
Bregman grew up in Albuquerque, New Mexico, where he played baseball in high school and also, according to his mother, was once teased while leaving school for a bar mitzvah lesson. His grandfather, the onetime attorney for the Washington Senators whom she said Bregman called “zeyde,” gave him a collection of baseball cards featuring Jewish players.
His great-grandfather fled antisemitism in Belarus and fell in love with sports in the United States, The Athletic reported in 2017, as Bregman hurtled toward his World Series win.
“It’s the fulfillment of four generations of short Jewish Bregmans who dreamed of playing in the major leagues,” his father Sam, now the district attorney in Albuquerque’s county as well as a Democratic candidate for New Mexico governor, said at the time. “The big leagues and the World Series. One hundred twenty years in America fulfilled by Alex in this World Series.”
Bregman has also been vocal about his Jewish pride. He celebrated Hanukkah with a local synagogue in Houston, and following the Oct. 7, 2023, attack on Israel that launched the Gaza War, Bregman drew a Star of David on his hat during a playoff game and participated in a video of Jewish players calling on fans to support Israel.
Some Jewish fans hoped Bregman’s shows of solidarity with Israel would lead him to suit up for another new squad this spring, Team Israel at the upcoming World Baseball Classic. But Bregman announced this week that he will play for Team USA again. Another Jewish ballplayer, Rowdy Tellez, will rejoin team Mexico, taking two big names off the recruitment board for Israel.
Back in 2018, as Bregman was first emerging as a major star, he said he regretted taking a pass on Team Israel the previous year, when it made it to the second round of play. Suiting up for the U.S. team, Bregman had just four at-bats as a backup player.
Now, he has selected a jersey number for his Cubs era that reflects his aspirations.
“I wore No. 3 because I want a third championship,” Bregman said during his first press conference with his new club on Thursday.
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