There are billionaires in the world who dedicate their time to figuring out how to multiply their money and assets.
They flaunt their wealth on social media and buy the most extravagant purchases that are so expensive they can feed a small nation.
Then there are the multi-billionaires who donate millions of dollars each week to various charities to ensure they continue to change and improve people’s lives.
Over the past 52 weeks, wealthy couple Rob and Karen Hale have been doing just that.In fact, they have a long history of charitable giving.The duo, however, have recently focused on funding smaller charities.
The couple knew that they needed it the most.
In addition to co-owning the Boston Celtics, Rob is the co-founder and president of Granite Telecommunications. His current fortune is estimated by Forbes at $5 billion.
Rob and Karen realize how happy and happy they really are as they have more money than they could spend due to their success at Granite Telecommunications and the Boston Celtics.
Because their community can greatly benefit from their financial contributions and donations, they are all in favor of sharing their blessings and good news with it.
As of the end of September, the couple has donated $28.5 million to 29 non-profit organizations, some of which focus on cancer and the environment.
That’s not all.
The Hales have also donated to groups working on shelter issues in the Dominican Republic and to projects aimed at providing access to Boston children interested in participating in volunteer projects.
The wealthy couple knows that many small organizations with worthy goals and initiatives struggle to raise money and support.
Rob and Karen make financial contributions as charitable donations to ensure that these organizations can continue to operate.Non-profit organizations can create annual streams of income from which they can use a certain amount in this way.
The Joe Andruzzi Foundation, which helps cancer patients, and South Short Stars, which offers high-quality early education and youth development programs for South Boston communities, are just two of the nonprofits supported by many of these multi-million dollar companies.
Along with this, the Hales have donated millions of dollars to other Boston hospitals and organizations such as End Domestic Violence (DOVE), which will directly benefit victims and survivors and potentially lead to the construction of a new building for the organization.
Another organization that has benefited from these million dollar gifts is the Ron Burton Training Village, a camp run by WBZ-TV’s Steve and Paul Burton.
And the best part is that in addition to the Hales, other people share their money.The world’s billionaires are increasing their wealth while finding ways to donate some of their excess funds.
These billionaires and business moguls, including Rob Hale, Warren Buffett and Mackenzie Scott, are using their wealth and resources to close the wealth gap.
With the kind financial support of Rob and Kate Hale, they can ensure the survival of these important organizations and provide them with some financial security in these uncertain times.