Even as Elon Musk calls philanthropy ‘very hard,’ Americans gave a record $617 billion anyway—as households felt the squeeze over the cost of living

Even as Elon Musk calls philanthropy ‘very hard,’ Americans gave a record $617 billion anyway—as households felt the squeeze over the cost of living

https://fortune.com/2026/07/04/historic-american-giving-in-2025-despite-economic-squeeze-billionaires-like-elon-musk-complaints-indicators-of-great-wealth-transfer/