Last October, Forbes followed the greatest millionaire philanthropists in the United States and ranked their efforts with a new result of philanthropy. Bill Gates and Warren Buffett, co-founders of Giving Pledge, led our list of $ 35.8 billion and $ 35.1 billion in lifetime donations. George Soros was third with $ 32 billion.
"No other country actually compete with the history and tradition of charity that exists in the United States, which has been supporting a strong and vital civil sector for years," says Phil Buchanan, president of the Center for Effective Philanthropy and author Giving Right: Effective philanthropy and making every dollar, "The high level of charitable giving here also has some limited stake in the country's government, but, say, Canada or European countries. And, of course, accumulating wealth here meant having more mega-providers than in other countries. "
But the change is in the air. Billionaires from outside the United States began issuing great gifts, following the rates of their US counterparts. Since 2012, 28 non-American members Forbes a billion bill signed a contract on giving, promising to give at least half its wealth (in life or after death). Some, including those who did not sign a bail, have already taken measures to reach the 10-point target: six non-US billionaires have outgrowed more than a billion dollars for philanthropic entities, Forbesconfirmed.
One Indian billionaire gave not only money but also a kidney. Kochouseph Chittilappilly has built up wealth in electrical appliances. In 2011, two months after he was 60, he donated one of his kidneys to a complete alien, and a year later he launched a charity fund that focused on health care and education. So far, he has donated $ 95 million, including a $ 79 million gift to his fundraiser.
A small number of non-US billionaires like Azim Premji – who recently said that Forbes "To whom much is given, much should be expected" – they put billions of dollars in charitable foundations and causes in their countries and around the world. In mid-March, Indian technical tycoon Premji announced that it had transferred $ 7.5 billion in its IT outsourcing company, Wipro, to its charity fund. This move brought its life span to $ 21 billion, according to its foundations.
This news not only strengthened Miftas as the fourth poorest philanthropist in the world, but also made it the largest philanthropist out of the US. , The other is a close billionaire George Soros, who donated more than 76% of his wealth to his Open Society Foundations. Billionaire and Philanthropy icon Chuck Feeney shared nearly $ 7.5 billion worth of wealth, Forbesreported in 2012 and inspired Bill and Melinda Gates and Warren Buffett to set up a foundation.
Two billionaires from the United States, who have signed a bidding agreement but have not yet hit a worth billions of dollars, boost their philanthropic efforts. In Australia, founder Fortescue MetalsAndrew Forrest and his wife Nicola donated about $ 600 million to their Minderoo fund, which launched the Sea Research Initiative in 2018.
South African billionaire PatriceMotsepe donated over $ 500 million to projects in Africa related to health, agriculture, agribusiness, infrastructure and music. Last year, the founder of African Rainbow Minerals also promised to donate $ 250 million to land reform in South Africa and $ 100 million to education initiatives.
One billionaire, which looks incredibly generous, is not listed below for technical reasons. Dietmar Hopp, co-founder of German software firm SAP, has put over 60% of its SAP share – currently worth $ 6.9 billion – in charity trade that has distributed more than $ 800 million since 1995. Forbes still counts shares in Hopp's charitable institution as part of its net worth because it retains the economic control over the shares and is not irrevocably placed in the fund.
It's here ForbesList of largest millionaire philanthropists outside the US, measured by the total amount of dollars donated in mid-March 2019:
* Net value is March 25, 2019.
Giving Life: $ 21 Billion
Net worth: $ 5 billion
Through its foundation, IT billionaire Premji has given priority to improving the public school system in some of the lowest parts of India. He founded the Azim Premji University in Bangalore in 2010, which plans to expand his student body from the current 1,300 students to 5,000 students, the Foundation says.
Sam Premji never graduated from college, leaving Stanford in 1966 to take up the work of family kitchen oil after his father died. He moved to the software and expanded his small business to Wipro, who had $ 8.4 billion in revenue in 2018. The president is moving.
Citizenship: United Kingdom
Livelihood: $ 4.5 billion
Current net worth: $ 3.1 billion
Head of the Hedge Fund Hohn founded the Foundation for the Child Investment Fund (CIFF) in 2002 with his then wife Jamie. Hohn, who has been a hedge fund company in Perry Capital since 1996, started his job in 2003 to launch a London hedge fund called the Children's Investment Fund. Including unpublished donation from Perry Capital in 2002, Hohn and Jamie, who split in 2014, gave CIFF at least $ 4.5 billion, moving assets from the hedge fund to the foundation.
"The initial mission of establishing CIFF was to improve the lives of children in developing countries living in poverty," says Hohn, on the CIFF website. "This has not changed, I want to solve problems, not to give."
Carlos Slim Helu
Giving Life: 4.2 Billion Dollars
Current net worth: $ 61.4 billion
Telecom tycoon, Slim was early critic of Giving Pledge. "Many problems will be solved by business activities and development," he said in 2011, adding that "charity does not address poverty." How much charity has been done in recent years? Trillions of dollars. "Still, he believes in some forms of philanthropy. Since 2006, Slim's spokeswoman said he donated $ 4.2 billion to his Carlos Slim fund.
He gave $ 2 billion to his foundation in 2006, and the same amount is again in 2010. Most of this money came from the dividends Slim collected from shares owned by some of the largest Mexican companies, Forbes Over the past six years, he has donated another $ 160m for equipment, which works to improve healthcare and education, among other causes, so people can work to support their families. The Helu Foundation co-operated with non-profit organizations, including the Clinton Foundation and the Gates Foundation.
Citizenship: Hong Kong
Livelihood: $ 3.2 billion
Current net worth: $ 32.5 billion
Since 1980, the foundation of Li Ka-shing has donated billions of education, medical services and research initiatives to 27 countries including China where he was born but was forced to escape in 1940 at the age of 12 after Japan attacked South China .
– When I got it Forbes"The Lifetime Achievement Award in 2006, I shared with everyone that my charity foundation, founded in 1980, is my third son to me," he said Forbes "I was hoping to persuade those in Asia to support causes that are important to society as a duty to support our children."
Giving Life: $ 1.9 Billion
Current net worth: $ 5.9 billion
Wyss founded the Synthes medical device manufacturer and sold it to Johnson & Johnson in 2012 for $ 20.2 billion in cash and inventory. Wyss is committed to protecting the environment not only in its continent, Europe, but also in Africa, Asia and America. In October last year, the New York Times promised to donate $ 1 billion to preserve the land and the oceans to protect 30% of the Earth's land by 2030. "Everyone of us – citizens, philanthropists, business and government leaders – should be upset by the huge gap between how little of our natural world is currently protected and how to protect it," he wrote.
He has already invested at least $ 1.9 billion in his 2001 fund. The Foundation has allocated $ 450 million to preserve the country around the planet, and Wyss has added $ 40 million to the same goal. In 2018, Wyss donated an undisclosed amount to the Public Land Trust to buy and lease oil and gas leases to more than 24,000 hectares in Wyoming where he resides.
Livelihood: $ 1.5 billion
Current net worth: $ 2.3 billion
Schmidheiny became President of the Swiss Eternit Group, his father's construction materials company, in 1976, when he was only 29 years old. VIVA Trust.
Schmidheiny, who helped organize the first UN Environment and Development Conference in 1992, has deployed more than $ 600 million for projects around the world focusing on sustainable development. In 2012, the Italian court convicted Schmidheiny of the negligence of the Italian subsidiary Eternit, which led to as many as 2.000 asbestos-related deaths. The Supreme Court of Italy abolished the 2014 decision, releasing Schmidhein.
–Deniz Cam, Forbes Staff