All articles tagged with #stock donation
Forbes reports that potential changes to the tax code could allow ultra-wealthy donors to contribute appreciated stock to Trump-linked accounts and receive substantial tax deductions, potentially enabling large political contributions with reduced tax liability.
Tech billionaire Michael Dell has donated $350 million worth of Dell Technologies stock to his family foundation and other charitable funds he advises. This is his first donation of Dell shares since 2006 and his largest gift of the company's stock ever. Dell is set to receive over $20 billion in stock and cash when Broadcom acquires VMware later this month. Despite the size of the donation, Dell and his wife are still among the biggest philanthropists in America, having donated an estimated $2.4 billion in their lifetime.
Tech billionaire Michael Dell has donated $350 million worth of Dell Technologies stock to his family foundation and other charitable funds he advises. This is his first donation of Dell shares since 2006 and his largest gift of the company's stock ever. Despite the size of the donation, Dell's estimated net worth of $64 billion and his upcoming windfall from the sale of VMWare to Broadcom for over $20 billion make him one of the biggest philanthropists in America. Dell's fortune has already increased by $16 billion this year, thanks to the surge in Dell Technologies stock.