According to Wealth-X’s 2019 super-rich population survey, charity is a billionaire’s favorite, but the world’s richest people don’t support money in the same areas.
The reason that governs their choices may be due to family traditions, because they want to donate to a well-known field such as art or issues of social concern.
Here are 10 areas that are most donated by many billionaires, from the least popular to the most popular and none of which 100% of the billionaires donate money.
10. Housing and accommodation
Billionaire Jeff Bezos. Photo: Clodagh Kilcoyne / Reuters
Proportion of billionaires participating in the donation: 0.1%
According to Wealth-X, Jeff Bezos is one of 0.1% of billionaires who donate to create a home for homeless people. Earlier, Business Insider reported, Bezos’ Day One Fund has pledged to spend $ 2 billion on charities helping homeless people.
10. Food and food
Billionaire David Tepper. Photo: Brendan McDermid / Reuters.
Proportion of billionaires participating in the donation: 0.1%
Speculative billionaire David Tepper is also one of 0.1% of billionaires worldwide, who provide financial support to people who lack food and food. In 2010, Tepper set up a fundraising account for New Jersey Community Bank, and he himself pledged to raise $ 2 million, the Wall Street Journal reported.
8. Community issues
Billionaire George Soros. Photo: INETeconomics / YouTube.
Proportion of billionaires participating in the donation: 12.4%
Former hedge fund manager George Soros is among 12.4% of billionaires worldwide donating to organizations focused on solving community issues. Soros’s non-profit organization Open Society Foundations is designed to support democratic activities through grants for projects in human rights and justice, journalism, ...
In addition, billionaire Soros is also a major sponsor of free politicians and has spent $ 25 million to support former Secretary of State Hillary Clinton in the 2016 US presidential election.
8. Religious organizations
Billionaire couple David Green. Photo: AP Photo / Hobby Lobby.
Proportion of billionaires participating in the donation: 12.4%
Wealth-X reports that 12.4% of billionaires donate to religious organizations, and the most donors are probably David Green - founder and CEO of Hobby Lobby supermarket chain. According to Forbes, he donated both cash and property to several Christian universities. In addition, he also supported many Christian literary dissemination organizations and personally funded the release of 1.4 billion texts.
6. Support youth
Former Microsoft CEO Steve Ballmer. Photo: AP.
Proportion of billionaires participating in the donation: 31.9%
Former Microsoft CEO Steve Ballmer is among 31.9% of billionaires who donate to youth support programs. Ballmer Group, the charity founded by Steve Ballmer, focuses on improving the economic situation for children and families in the US who are likely to remain poor. "
5. Environmental protection and animal conservation
Billionaire Elon Musk. Photo: PewDiePie / YouTube.
Proportion of billionaires participating in the donation: 32.6%
Environmental protection is the fifth priority area in the list of charitable donations of world billionaires. Tesla CEO Elon Musk made an anonymous donation of $ 6 million to the Sierra Club before asking the president of the organization to publicize his contributions, Bloomberg reported.
4. Medical research
Salesforce CEO Marc Benioff. Photo: Salesforce.
Proportion of billionaires participating in the donation: 57.4%
Wealth-X said that about 57.4% of billionaires have donated to the health care sector. For example, Salesforce CEO Marc Benioff donated $ 100 million to the University of California San Francisco in 2010 to build a children’s hospital named after him, according to NBC.
3. Culture and art
Photo: Alexander Prokopenko / Shutterstock.
Proportion of billionaires participating in the donation: 57.6%
The billionaire family Raymond Sacklers is famous for donating large amounts of money to museums around the world. In 1974, the family donated $ 3.5 million to the Metropolitan Museum of Art in New York.
The Tate Modern Museum in London, New York’s Solomon R. Guggenheim Museum and the Met Museum in May have all announced that they will stop accepting this family donation after the crisis involving opioid painkillers. , according to the New York Times.
2. social service
From left to right: Alice, Rob and Jim Walton, the heirs of Walmart founder Sam Walton. Photo: April L. Brown / AP.
Proportion of billionaires participating in the donation: 61.7%
Wealth-X found that 61.7% of billionaires in the world donated to organizations providing social services, mainly crime prevention, poverty reduction and related programs. to the unemployed.
America’s richest family Walton plans to spend $ 2.2 billion between 2016 and 2021 to support social services in Arkansas, in addition to educational-related charitable activities and environment.
1. Education
Bill and Melinda Gates talked to the women and children of the Musahar community in Jamsaut, India in March 2011. Photo: Bill & Melinda Gates Foundation
Proportion of billionaires participating in the donation: 79.5%
Education is the area that many billionaires donate to charity in all areas.
Education is also the core area of charitable activities of charity funds founded by American billionaires Bill and Melinda Gates.
