Altrata’s latest report provides a unique and detailed view of wealthy donor activity. It focuses on the world’s ultra high net worth (UHNW) population, people with a net worth of $30m or more. The report provides an overview of the global giving landscape and recent UHNW developments. It explores the upward trend in overall philanthropic activity on the part of wealthy donors.

Origen: Ultra High Net Worth Philanthropy 2024 – Altrata

Key findings:

  • The ultra wealthy gave a total of $190bn to philanthropic cause in 2022, almost 25% more than in 2018. …a prominent and growing share of all individual giving, at almost 38%. Focusing even higher up the wealth chain, the world’s 3,200 billionaires accounted for 8% of all individual giving…
  • The ultra wealthy in North America were the source of almost half of all global UHNW donations, giving a total sum of $91bn. …reflects the region’s elevated wealth and its longstanding tradition of public giving. Europe’s ultra wealthy gave a third of all UHNW donations in 2022… UHNW giving in Asia accounted for a modest 13% global share.
  • Donors with a very high affinity for philanthropic giving – defined as the top 20% of UHNW donors, who have donated the highest proportion of their total wealth since 2018 – are different. …wealthy women are more likely to have a high affinity for giving. …there is no clear connection between an UHNW individual’s source of wealth and their charitable generosity, while liquidity is higher among UHNW high-affinity donors…
  • Aside from sports, the top interests vary considerably among those who give to certain causes. Aviation and technology are among the main passions of UHNW donors who give to educational causes, while travel is of more interest to those who give to the arts and culture.
  • Almost one in five of all UHNW individuals has a private foundation. …increases to almost 30% among those with a net worth of over $100m… UHNW individuals with private foundations are generally older, have a slightly higher female representation and are more likely to have solely inherited their wealth…