The technology industry is one of the fastest growing sectors in the world. Each new day experiences new technological advancements, and the situation keeps getting better. For this reason, many of the richest people in the world are technology entrepreneurs. These billionaires have managed to earn a great deal of money from the industry and a number of them are actively involved in charity works. Some of the tech philanthropists who are highly charitable include:
- Michael Dell
Dell is the founder of Dell Technologies; a computer manufacturing company. Michael Dell has been featured on Forbes’s list of the 400 richest people in the world for the last two decades. Dell, together with his wife Susan, has been involved in philanthropy work for many years. In 2000, they created the Michael and Susan Dell Foundation, which has given out roughly $1 billion to charity work since it was created.
- Paul Allen
Paul Allen, alongside Bill Gates, formed Microsoft. Allen was ranked as the most charitable man in America in 2011. On that year alone, Allen gave $372.6 million to charity organizations. Allen has given a total of about $1.5 billion in his lifetime. This is about ten percent of his wealth, as he is worth about $20.7 billion.
- Bill Gates
Gates was the primary founder of software company Microsoft, and is widely regarded as the most generous tech philanthropist in the country. Gates and his wife Melinda have a charity organization called the Bill & Melinda Gates Foundation. In 2012, this foundation had about $40.2 billion in assets. They gave out $3.4 billion to charity in that year, and have donated approximately $28 billion to charity since its humble beginnings.
- Leonard Bosack and Sandy Lerner
The two are the co-founders of Cisco. They have not given significant sums as compared to other tech billionaires, but considering their worth, they can be viewed as among the most generous billionaires. When they quit Cisco, Bosack and Lerner were given a compensation package of $170 million. The couple gave about 70% of this money to charity. They have since separated, but they are still involved in philanthropy. Lerner regularly holds fundraisers and donates the returns to charitable organizations.
- Irwin Jacobs
Jacobs is the founder of Qualcomm. Though he may be lower on the billionaires list in terms of annual income, Irwin Jacobs is very active in charity works. He has a net worth of about $1.3 billion, and has given roughly $500 million; a significant portion considering his worth.