Ultra-wealthy individuals gave $175 billion to philanthropic causes in 2020, Wealth-X's latest ultra high net worth philanthrophy report has revealed.
Individuals with a net worth of $30 million or more accounted for 36 percent of all global individual giving, with an average total donation of $590,000 per UHNW individual.
The research also revealed that growth in giving by the ultra-wealthy outpaced that from other sources in 2020.
The total given by the ultra-wealthy ros...
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