Barbara Davis is a philanthropist and the widow of Marvin Davis

Marvin Davis

Marvin H. Davis was an American industrialist and philanthropist...

. Although the Davis' wealth exceeded $5 billion during Marvin’s life, it has recently been reported in multiple media outlets including Forbes

Forbes

Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...

 that the majority of the family’s wealth has been lessened to approximately 500 million dollars. After the death of her husband in 2004, Barbara sold their once opulent house for $46 million and moved into a bungalow at the Beverly Hills Hotel

Beverly Hills Hotel

The Beverly Hills Hotel is a hotel on Sunset Boulevard in Beverly Hills, California. It was opened on May 12, 1912 by Margaret J. Anderson and her son, Stanley S. Anderson, who had been managing the Hollywood Hotel. The original main building of The Beverly Hills Hotel was designed by Pasadena...

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Barbara is the chair-person for the bi-annual Carousel of Hope Gala in Beverly Hills that raises money for children’s diabetes.