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WebDec 21, 2024 · 3. Warren Buffett. Warren Buffett may seem like one of the more obvious philanthropists who likes to give money to worthy causes. He’s worth a second mention, though, because of the staggering amount of money he’s managed to give away. Buffet has given away over $21.5 billion. WebIf you give away generous sums of money to a friend or family member, you may be required to pay a gift tax to the IRS. However, with a little planning, you can afford to be quite generous before you have to break out Form 709 to report the amount and be on the line to pay extra money. Here are three easy ways to steer clear of the gift tax. 1.
Free give away money
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