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Billionaire Donors Weigh Priorities as Trump Wipes Out USAID

Wealth

Devon Pendleton, Antony Sguazzin

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March 11, 2025

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Bloomberg

Billionaire philanthropists and foundations are reeling from US President Donald Trump’s decision to gut America’s foreign aid agency and slash tens of billions of dollars in assistance, leaving recipient organizations — fighting everything from HIV to malnutrition — anxiously waiting for a white knight.

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