Rumors

Melinda French Gates is joining the ownership group of the Seattle Kraken as the hockey team’s investors prepare a bid to diversify into basketball.

Bloomberg

The 50 biggest donors of 2020 handed out $24.7 billion to nonprofits, up from $15.8 billion in 2019, according to the Chronicle of Philanthropy’s Philanthropy 50 ranking released Tuesday. The list features business and tech leaders who have long been known for their giving — like Mike Bloomberg and Bill and Melinda Gates — as well as new faces such as MacKenzie Scott, the former wife of Amazon AMZN, -0.54% CEO Jeff Bezos; Twitter TWTR, +2.87% CEO Jack Dorsey; NBA great Michael Jordan; and Airbnb ABNB, -0.27% co-founder Joseph Gebbia Jr. These billionaire donors — many of whom saw their personal wealth skyrocket as everyday Americans’ finances crumbled — poured dollars into addressing the coronavirus pandemic, its economic impact and the racial justice reckoning, among other causes.

marketwatch.com