List of Millionaires Who Give Away Money To Individuals 2023

Most people who have abundant wealth are not happy with their life. “Money can’t buy happiness” fit perfectly on their life. They have a lot of wealth but are still not satisfied with their lives. Thus, to get some satisfaction they donate their wealth to poor people. They donate a lot of their wealth to people who are in need. Many millionaires also have a desire to do something good for other people.

2019 List of Millionaires Who Give Away Money to Individuals

Today, more and richer people are becoming philanthropists who want to donate their wealth to poor people. They want to use the money they earned to improve the education sector, health sector and other important sectors of their country. Thus, they have become real-life angels. This list of millionaires will definitely restore your faith in humanity.

1. Warren Buffett

Warren Buffett was the world’s richest man in 2018. He has invested in many companies and is known as the best investor of all time. The best thing about him is his goodwill and humble nature. He has donated over $21.5 billion to various charities. He donates over 90% of his revenue to do some social service. Thus, almost all the money he earns is used for creating a positive difference in society.

Warren Buffet has pledged to donate 85% of all his wealth to “The Giving Pledge” foundation. This foundation is run by Bill and Mendila Gates.

He also supports various charity programs by investing more than 20% of his company profit. That is about $22 billion in cash. Some people have also predicted that he will donate around 99% of his wealth before dying. He is definitely one of the most humble and generous millionaires alive.

2. Chuck Feeney

Chuck Feeney is a very famous American-Irish businessman. He is also a philanthropist and also founder of The Atlantic Philanthropies. The Atlantic Philanthropies is the largest private foundation in the world. He is also interested in many different fields like a scientific study, human rights, education, and health services. Thus, he donates to improve human living standards. He has donated over $8 billion money to various charities. His motto is to provide support to other people using his money.

Chuck Ferry has an amazing career thanks to his DFS group. He started his career with a free airport shop in 1960. Soon his business experienced rapid growth. Thus, he earned a lot of wealth thanks to his business.

His saying “Giving while living” is also very famous. He has inspired many other millionaires to donate their wealth also. Thus, he is also one of the greatest human being alive.

3. Azim Premji

Azim Premji is an Indian business tycoon. He is the founder and of the world largest IT consulting company, Wipro. Thus, his net worth is around $16B. Azim Premji is also the founder of Azim Premji Foundation. The main focus of this foundation is to improve the Indian’s Education system. They have done great work in the education field. Also, they provide free education to poor children’s.

Almost 75% of the revenue is donated to this foundation. According to recent reports, Azim Premji has donated over $8 billion to various charities and foundation. Azim Premji Foundation also provides free computer training and courses to students. They also have a nonprofit university from where you can get a degree for free. Thus, they help people from getting past their poverty through education.

4. Ted Turner

Ted Turner is the founder of Cable News Network or CNN. Thus, he is also a very rich man. He is also known as a very famous philanthropist. The best thing about him is that he donates almost half of the money he earned to various charities.

He also supports many foundations which are working for the environment or for the conservation for wildlife. According to some reports, he has donated a huge amount of money to the UN Foundation and Turner Global foundation.

5. JK Rowling

Everyone knows about JK Rowling. She is the famous author of the Harry Potter series. Thanks to the fame of the Harry Potter series, she has become one of the richest ladies in the world. Everyone knows about her writing skills but very few people are aware of her nice personality. She has given way about $1 billion too many charities. This money is definitely a very big amount.

She supports many charities which work towards social issues like child labor and women health. For this purpose, she has done many charities events like Lumos and Volant. Just to support these two charities, she has donated more than $160 million of her wealth.

If you compare this amount to the total revenue of JK Rowling, then she has almost donated 16% of her wealth. In an interview, she said that her experiences with poverty improved her understanding of how not having money can give you depression and stress. Thus, she is always ready to help poor people.

6. Lee and Jane Seidman

Lee and Jane Seidman are one of the most powerful couples in Cleveland. Lee Sideman is currently 85 years old and Jane Seidman is currently 76 years old. But, their love for philanthropy definitely makes them the most powerful couple even after being so old. Both have them follow a very simple lifestyle. They have a principle of trying to help as many people as they can.

Lee Seidman is the founder of Motorcars Groups. He has recently retired from the president post. Siedman donates about 90% of his yearly revenue. Thus, he definitely deserves a spot on this list.

They have donated most of their money in the health sector. One great example of this is that they donated $42 million to build a Cancer hospital in 2011. But, their interests in not only limited to the health sector. In 2013, they donated a huge amount of money to Ursuline College gym after it was completely damaged by a tornado.

7. Bennett S. LeBow

Bennett S. LeBow is the current CEO and chairman of Borders. He is also the chairman of Vector Groups at the same time. He has shown a keen interest in the education field. Thus, he has donated over $60 million to Drexel University. He has been the greatest donator for Drexel.

He has helped in building a new academic center at Drexel University. Also, he has helped the College of business by donating a lot of money to them. Additionally, he also supported the College of Engineering at Drexel University. According to some reports, he has donated over $5 million to the college of engineering.

8. Paul Ichiro Terasaki

Paul Ichiro Teraski was a great American scientist. He has done amazing work in the field of human organ transplant. He has a great connection with the UCLA College of Letters and Science. According to reports, he has donated over $50 million to this college for the betterment of education. UCLA has also constructed a separate building which is known as Terakasi Life Sciences in the honor of Paul Ichiro Terasaki.

This building has more than 33 labs and various classrooms. A scientist can do various researches here like cell biology, neurology, genomics, and stem cell research.

9. Ned Evans

Ned Evans was an American businessman and a philanthropist. He was the chairman and CEO of Macmillan Publishers for 10 years. As a former CEO, he has donated more than $50 million to Yale School of Management. This donation was aimed towards to support the construction of a new state of the art school campus. It has helped Yelp tremendously in bringing a new and effective curriculum in the year 2006.

Thanks to this donation, Yale finally did the relocation procedure of the campus. It was previously positioned in the north gateway. But, thanks to Ned Evans it was shifted back to the University campus. He was definitely a great and human businessman.

10. Bill Gates

Bill Gates is definitely one of the greatest human being alive. He is the founder and former CEO of Microsoft. Thus, he had earned a great amount of money in his lifetime. He has donated over $30 billion in his whole life.

Bill gates now only focus on philanthropy only. He also started the Bill & Mandela Gates Foundation with her wife. This foundation mainly focuses on global problems like poverty, health, education, development, and other important sectors. Bill & Mandela Gates Foundation has donated millions to various organizations around the world. They have also started The Giving Pledge foundation. Most of the billionaires have pledged more than half of their wealth, thanks to this foundation. Thus, Bill Gates is inspiring other billionaires to do charity also.

Bill Gates & Mandela Gates have decided to donate more than 90 percent of their wealth to charity. That is roughly around 90B$ in donations. Thus, Bill Gates is definitely the greatest philanthropist ever.

These are the top 10 philanthropists in the world. These people are trying to help the world. Also, they are inspiring new millionaires to donate their wealth also. Thus, they are creating a chain where all the future millionaires will help other people also.