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Influenced by effective altruist ideas, former journalist and wife of Facebook cofounder Dustin Moskovitz, Cari Tuna funded pandemic preparedness efforts long before Covid-19 and steered millions into AI safety research years before the launch of ChatGPT. Here’s what’s next.

Read the full story on Forbes: https://www.forbes.com.au/news/billionaires/this-billionaire-couple-has-a-plan-to-give-away-a-20-billion-facebook-fortune/

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Transcript
00:00Today on Forbes, Inside a Billionaire Couple's Plan to Give Away a $20 Billion Facebook Fortune
00:07Carrie Tuna, along with her husband, Facebook co-founder Dustin Moskovitz,
00:14is one of the most generous philanthropists in the world. She says that artificial intelligence
00:18is like nuclear energy. She explains that early accidents led to nuclear being quote
00:24essentially regulated out of existence in the U.S., stalling the industry for decades.
00:30If there had been more thoughtful regulation earlier, those accidents could have been avoided
00:34and there might have been more room for innovation and more progress towards mitigating climate change.
00:41That's where philanthropy can step in. A decade ago, the young couple, Tuna is now 40 years old
00:47and Moskovitz is 41, helped donate $1 million to the Future of Life Institute to reduce AI risk.
00:55Then they poured $30 million into OpenAI's non-profit in 2017 through their foundation,
01:01and Moskovitz invested in Anthropik's $124 million funding round in 2021.
01:07Back then, both labs preached a laser focus on AI safety.
01:12Neither the couple nor their foundation own a stake in OpenAI.
01:16Their Anthropik stake, worth an estimated $500 million, was moved into a non-profit vehicle in early 2025,
01:24so, she says, they could invest any quote significant financial return back into philanthropy
01:29and quote dispel any perception of conflict of interest.
01:34Their early focus on AI stems from the powerhouse tech couple's embrace of effective altruism,
01:40although Tuna prefers to quote, emphasize the ideas over the label.
01:46The movement got a lot of unwanted attention because of its ties to now-jailed crypto-titan Sam Bankman-Fried,
01:52but it essentially uses evidence and reason to identify the most effective ways to help others
01:57with a big focus both on proven, cost-effective short-term solutions
02:01and on long-term, potentially catastrophic risks, like AI.
02:06In fact, when they backed OpenAI and Anthropik, both were in their early stages
02:11and found it in part on effective altruist principles to create safe AI models that quote,
02:17benefit all of humanity.
02:19Much has changed in the world's embrace of AI with massive deals being struck every day.
02:25But Tuna and Moskovitz aren't distracted from their mission,
02:28ramping up grants that could make AI models safer.
02:32The couple's evidence-based giving is not limited to AI.
02:37In fact, the largest share of the couple's giving so far
02:39has gone to cost-effective global health interventions,
02:43including malaria, vitamin A deficiency, and clean water,
02:46all of which have taken on increased urgency amid Trump administration's cuts to USAID.
02:53Tuna and Moskovitz have said they want to give away the vast majority of their entire fortune
02:58as quickly as they can, although that's proving to be challenging since it keeps growing.
03:03They've already donated more than $4 billion, including more than $600 million in fiscal 2025.
03:10They have another $11 billion, Moskovitz's personal fortune,
03:14and approximately another $10 billion already in their private foundation,
03:18the Good Ventures Foundation, plus more in donor-advised funds.
03:23While Moskovitz has made the money, Tuna has been working on giving it away.
03:28She has spearheaded the couple's philanthropy since 2011,
03:31while her husband built up his second startup, Asana.
03:35Most of the couple's giving flows through Good Ventures Foundation and donor-advised funds.
03:41Almost all grants are recommended by Open Philanthropy,
03:44which Tuna spun out of GiveWell in 2017, and Chairs.
03:48On Tuesday, Open Philanthropy announced it is rebranding as Coefficient Giving,
03:55and emphasizing to the public what Tuna and Moskovitz always wanted it to be,
03:59a multi-donor effort that aims to use and advise charitable donations for maximum impact.
04:05Tuna says that the vision was always to make this, quote,
04:09not just for Dustin and me, but also for other donors.
04:12And with Coefficient that's in the name,
04:14Coe reflects its status as a multi-donor organization,
04:18and Efficient emphasizes its focus on cost-effectiveness.
04:22And Coefficient is a math term for a number that multiplies the value of what it's paired with.
04:28More than $200 million in commitments to Open Philanthropy's initiatives this year
04:32have come from fellow billionaires,
04:35including Stripe co-founder Patrick Collison
04:37and Lucy Southworth, Google co-founder Larry Page's wife.
04:41They've helped seed two themed $100 million-plus funds,
04:45the Lead Exposure Action Fund, or LEAF, launched last year,
04:49and the Abundance and Growth Fund, launched in March.
04:54For full coverage, check out Phoebe Lew's piece on Forbes.com.
04:59This is Kieran Meadows from Forbes.
05:02Thanks for tuning in.
05:11Kieran Meadows from Forbes.
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