In a pandemic, billionaires are richer than ever. Why aren't they giving more? | Chuck Collins

Billionaires get huge tax breaks to park money in private family foundations operated by wealthy heirs. Little goes to actual charity work
A decade ago, Bill Gates and Warren Buffett did an important thing. They organized the Giving Pledge to inspire their fellow billionaires to donate more money to charity. Related: Revealed: super-rich donate to Cuomo as he rejects tax hikes for billionaires The notion that philanthropy is a private preserve, apart from the government, is a myth Related: Tesla