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The ten most charitable billionaires have a combined net worth of $491.2 billion and have donated $109.7 billion.
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The average person donates around £30,000 in their lifetime, which is 2.23% of their salary.
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According to publicly recorded donations, 36 of the top 50 charitable billionaires donate less than the average person.
2nd January 2018: With the richest 1% owning half of the world’s wealth, could billionaires support a fairer world by donating more to charity? Comparethemarket.com’s latest study looks at just how charitable the world’s billionaires are. From Ma Huateng to Warren Buffett, who are the most philanthropic billionaires?
The world’s top ten charitable billionaires:
The ten most generous billionaires have a combined net worth of $491.2 billion – but how much do the wealthiest people in the world give away? Between them, these ten tycoons have donated at least $109.7 billion in their lifetime.
|
Rank |
Billionaire |
2018 Net Worth Billions ($) |
Amount Donated Billions ($) |
Percentage of Net Wealth (%) |
|
1 |
Warren Buffett |
$84 |
$46.6 |
55.48% |
|
2 |
Bill Gates |
$90 |
$41 |
45.56% |
|
3 |
Michael Bloomberg |
$50 |
$6 |
12% |
|
4 |
Phil Knight & Family |
$29.6 |
$2.9 |
10.10% |
|
5 |
Michael Dell |
$22.7 |
$2 |
8.89% |
|
6 |
Carlos Slim Helú & Family |
$67.1 |
$4 |
5.96% |
|
7 |
He Xiangjian |
$20.1 |
$1.1 |
5.47% |
|
8 |
Li Ka-shing |
$34.9 |
$1.8 |
5.33% |
|
9 |
Sergey Brin |
$47.5 |
$2.2 |
4.63% |
|
10 |
Ma Huateng |
$45.3 |
$2 |
4.43% |
How does the average person compare?
The average person gives around 2.23% of their lifetime earnings to charity Based on an average salary of £28,677, multiplied by 47 (the average number of years a career spans), an adult would make £1,347,819. The average person donates around £30,000 in their lifetime, which is 2.23% of their salary.
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According to recorded donations, 36 of the top 50 billionaires donate less than the average person The average publicly recorded donation for billionaires not signed up to The Giving Pledge amounts to 1.8% of their wealth – less as a percentage than most people on average salaries. This goes up to an average of 4.3% when Giving Pledge billionaires are included.
Philanthropic Billionaires