
If the first year of the COVID-19 pandemic minted a record number of new billionaires, then 2022 was the year of the giant billionaire philanthropic donation.
All year, there has been a steady trickle of announcements from billionaires pledging to give away the inordinate pile of cash they have amassed to groups (often their own foundations) set up to fight the huge challenges the world is facing, from combatting climate change to eradicating poverty.