Many of the world’s wealthiest people have realized that keeping all of their money to themselves is not the most satisfying way to live life. American philanthropist, Andrew Carnegie, is quoted as saying that “No man can become rich without himself enriching others. The man who dies rich dies disgraced.”
Following in his footsteps, many of the world’s richest people have taken this advice to heart and given billions of dollars away. Some of the top philanthropists in the world have been ranked through a “Generosity Index” created by Wealth-X, using a ratio of lifetime donations in comparison to the person’s net worth.
Here are some of the most generous and wealthy people in the world, ranked by Generosity Index from the least to the greatest:
#21. Mark Zukerberg
Net Worth: $40.7 billion
Lifetime Donations: $1.6 billion
Generosity Index: 4%
Founder and CEO of Facebook, Mark Zuckerberg is known as one of the youngest self-made billionaires in the world. Last year Zuckerberg and his wife, Priscilla, gave away $25 million to fight the Ebola virus. The other endeavors including education and healthcare. Having signed the Giving Pledge, Zuckerberg promises to donate at least half of his wealth to charity throughout his lifetime.
#20. Li Ka-shing
Net Worth: $26.6 billion
Lifetime Donations: $1.4 billion
Generosity Index: 5%
A global investor in disruptive technology, Li Ka-shing is one of the wealthiest men in all of Asia and the 18th wealthiest in the world. His foundation, Li Ka-shing Foundation, was established in 1980 to support healthcare, education, culture, and community causes. The foundation funded Shantou University, the only privately funded, public university in China to date. 88 year-old Ka-shing has also made donations to the China Foundation for Disabled Persons, as well as to flood victim relief in China.
#19. Michael Dell
Net Worth: $18.9 billion
Lifetime Donations: $1.1 billion
Generosity Index: 6%
Chairman and CEO of Dell Computer Company, Michael Dell has been the director of the Michael and Susan Dell Foundation since 1999. This charity gives away money to urban education, arts and cultural causes, social and human services, family economic stability, health and wellness, and community development. As of early 2017, the foundation has committed more than $1.32 billion in the US, South Africa, and India.