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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

2024 Olympics Officially Headed to Paris, 2028 Los Angeles

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Emily Price
Emily Price
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By
Emily Price
Emily Price
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September 13, 2017, 2:37 PM ET
APTOPIX Switzerland Olympics 2024 Bids
French President Emmanuel Macron, winks during a press conference after the presentation of Paris 2024 Candidate City Briefing for International Olympic Committee (IOC) Members, at the SwissTech Convention Centre, in Lausanne, Switzerland, Tuesday, July 11, 2017. (Jean-Christophe Bott/Keystone via AP)Jean-Christophe Bott — AP
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Today the International Olympic Committee officially awarded the 2024 Olympic games to Paris, and the 2028 games to Los Angeles.

The decision to name two future Olympic locations marks the first time that the Olympic Committee has named two Summer Games hosts at the same time. Both cities were originally competing for the right to host the 2024 Olympic Games, but when it came down to the wire, the committee opted to not choose between the two and instead award both the opportunity.

This will be the third Olympics hosted by each city. The Paris Games will happen on the 100th anniversary of the last time it hosted.

When the games come to L.A in 2028, it will be the first Summer Games in the United States in 32 years. For the additional four years of wait time, the city will get $300 million more than it would have to host the 2024 games. Los Angeles last hosted the games in 1984.

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