The 11 most charitable rich people in Britain

It is now more apparent than ever that the richest people in Britain are creating their own fortunes rather than inheriting it. 

According to a preview of The Sunday Times Rich List, which lists the 1,000 wealthiest individuals and families in the UK, there are also a number of wealthy individuals that give a substantial amount of their fortunes to charity.

Within the rankings, The Sunday Times also has sub-index called “The Giving List” which looks at the amount an individual is worth and what proportion they give to charity in a year.

Ahead of the full Sunday Times Rich List, which will be released in May, Business Insider took a quick look at the 11 most charitable rich people in Britain. All figures were account for the year leading up to April 30, 2017:

11. Sir Mike Uren

Net worth: £140 million.

Donations: £13.6 million.

Giving Index: 9.74%.

Main beneficiaries: Education, medical, environment.

The 93-year-old was the founder and chairman of manufacturer Civil & Marine from 1955 to 2006. He spends a lot of his fortune donating to the Imperial College London university, where he attended. For example in 2014, he donated £40 million to a new biomedical engineering centre.

10. Sir Elton John

Net worth: £290 million.

Donations: £34.3 million.

Giving Index: 11.82%.

Main beneficiaries: HIV/Aids, medical, arts.

The music artist is one of the country’s most active campaigners and has raised huge sums for his UK and US-based Aids Foundations.

9. Jonathan Ruffer

Net worth: £406 million.

Donations: £49.8 million.

Giving Index: 12.27%.

Main beneficiaries: Community, arts, social, heritage.

The former investment banker and barrister has become one of Britain’s most charitable art philanthropists. He is also a famous art collector and even gives £75,000 grants to art curators every year as part of his The Art Fund.

See the rest of the story at Business Insider

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