The Wealth-X and Arton Capital Philanthropy Report 2016

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Major giving among ultra-high net worth (UHNW) individuals rose to an all-time high in 2015, growing 3% since 2014.  On average, UHNW individuals – those with a net worth of US$30 million or more – will donate US$29.6 million over the course of their lifetimes, with total global UHNW public lifetime giving estimated at US$550 billion to-date.
 

“Changing Philanthropy: Trend Shifts in Ultra Wealthy Giving”, commissioned by Arton Capital and produced by Wealth-X, reveals that major donors, those UHNW individuals who have donated at least US$1 million in their lifetime, are significantly wealthier than their UHNW peers and have an average net worth of nearly US$300 million. The report also shows that major donors hold a greater share of their wealth in liquid assets, US$85 million on average, and typically donate about half of their cash holdings to charity over a lifetime.

The report focuses on innovations in giving, identifying the trends that are helping to increase the scale of donations and exploring new developments in philanthropic giving such as impact investing, how “giving back” is becoming integral to the identity of an organization, and analysing the extent to which this millennial generation is setting a new philanthropic agenda.

Other findings from the Wealth-X and Arton Capital Philanthropy Report 2016 include:

  • Most major donors are self-made – UHNW individuals with self-made fortunes represent nearly 70% of major donors and, on average, they are more than twice as wealthy as their UHNW peers.
  • Education and health are top causes – education remains by far the most popular philanthropic cause for UHNW individuals, followed by health, with environmental issues increasing in importance.
  • Millennials are reshaping philanthropy – the younger generation is ushering in new philanthropic models that combine traditional foundations with profit-making endeavours and social enterprises, and are driving employee-based philanthropy.
  • The blurring of corporate and individual philanthropy UHNW individuals are leveraging the resources at their disposal to maximise their return on giving, aligning the philanthropic strategy of their business with their own personal giving.

 

“Changing Philanthropy: Trend Shifts in Ultra Wealthy Giving” utilises Wealth-X’s unique and proprietary UHNW Database, the world’s most extensive collection of curated research and intelligence on ultra high net worth (UNHW) individuals.  The report also employs the Wealth-X Giving Index, which takes into account participation (the number of gifts made annually) and size (the value of gifts) from the world’s UHNW individuals, based on the Wealth-X UHNW Database.



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