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Billionaire Ross Stevens Donates $100 Million to Pay All U.S. Olympians $200,000 Each

“I do not believe that financial insecurity should stop our nation’s elite athletes from breaking through to new frontiers of excellence,” he said.

Read the full article
bookofjoe5mo ago3 min readenNews

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Billionaire soccer fan Ken Griffin helped engineer Team USA’s best World Cup run in 24 years. Now, he looks ‘forward to building on that momentum’

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Michael Phelps Says He Got to Spend $20K Every Time He Broke a World Record as a Teen Thanks to ‘Incentive-Based’ Deal with Mom

The 41-year-old former competitive swimmer has the most gold medals of any athlete in Olympic history

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International Swimming League to pay athletes over £5m in overdue prize money

The International Swimming League will pay more than 300 athletes what they are owned as they look to rebuild trust ahead of a relaunch

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Five Things to Know About Phil and Penny Knight’s Mega-Giving

Inside Philanthropy profiles how Nike cofounder Phil Knight and wife Penny have donated nearly $8 billion over two decades, concentrated hea

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Russian Billionaires Donate $3 Billion to State as Budget Deficit Grows

Some of Russia’s wealthiest businessmen are believed to have donated around 220 billion rubles ($3 billion) to the state treasury, the busin

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