# Wealth-X index show ultra-rich philanthropy on increase

- Link: https://fundraising.co.uk/2015/12/15/wealth-x-index-show-ultra-rich-philanthropy-on-increase/
- Published: 2015-12-15T11:54:51+00:00
- Author: Melanie May

**The UK’s wealthiest people are some of the top givers globally, according to a
report on ultra-wealthy philanthropy by Wealth-X.**

Wealth-X records more than 211,000 ultra high net worth (UHNW) individuals globally
with at least US$30 million in net assets, and the second annual [_Wealth-X and Arton Capital Major Giving Index_](http://www.wealthx.com/philanthropy-report/)
looks at the giving trends of these individuals, and how they are currently supporting
the refugee crisis.

Based on lifetime giving, India has the most generous donors, giving an average 
of US$96.6 million, followed by the United Kingdom at US$32.7 million, and Hong 
Kong at US$32.3 million.

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Based on lifetime giving as a percentage of net worth however, the United Kingdom
takes first place, giving 12.3% of their net worth followed by the United States
at 8.7%, and Hong Kong at 7.6%.

[⌊Wealth-X index⌉⌊Wealth-X index⌉[

Average lifetime giving by country: Wealth-X and Arton Capital Major Giving Index

Education is the most popular cause that UHNW individuals donate to, followed by
health. The refugee crisis is also having an impact with one in 28 UHNW individuals(
7,441 people) donating to aid efforts, with an average gift size of US$357,500: 
US$2.7 billion in total.

Giving amongst this group increased last year: 2014 saw the _Wealth-X and Arton 
Capital Major Giving Index_ reach an all time high, up 25% since its launch in 2004
and up 6.4% year-on-year. Overall, global philanthropic giving among the world’s
ultra wealthy totaled US$112 billion in 2014, with UHNW individuals each contributing
an average of US$530,100 in the form of donations and pledges to philanthropy.

Mykolas Rambus, CEO, Wealth-X, said:

> “This year’s study is both revealing in uncovering differences in giving according
> to UHNW donor groups, and it is topical as it highlights how ultra wealthy donors
> are directly helping the refugee crisis.”

 * **[Microsoft starts tech-focused philanthropy programme](https://fundraising.co.uk/2016/01/05/microsoft-launches-philanthropy-programme-with-tech-focus/)**(
   5 January 2016)
 * **[Microsoft to donate $1 billion of cloud services](https://fundraising.co.uk/2016/01/25/microsoft-donates-1bn-of-cloud-services/)**(
   25 January 2016)
 * **[Corporate philanthropy programme helps companies donate 1%](https://fundraising.co.uk/2016/02/25/corporate-philanthropy-programme-helps-companies-donate-1/)**(
   25 February 2016)

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