Hedge Fund Managers Among The Largest Philanthropic Donors Of 2014

images (3)New York (HedgeCo.Net) – With the season of giving upon us, Wealth-X today released a list of the 10 biggest single charitable donations of 2014.

Billionaire investor Warren Buffet made the largest donation of 2014, giving US$2.1 billion to the Bill and Melinda Gates Foundation in the form of 16.6 million shares of his company, Berkshire Hathaway.

Eight of the top 10 donations of 2014 were made by American philanthropists. Hong Kong real estate tycoons Ronnie and Gerald Chan are the only non-Americans to appear on the list. The billionaire brothers collectively gave a $350 million gift to Harvard University, the largest ever in the school’s history.

Harvard also received a $150 million donation from hedge fund manager Kenneth Griffin to support financial aid. Six of the top 10 donations of 2014 were made to educational institutions, two were given to health causes, and two went to philanthropic foundations.

Below are 10 largest philanthropic donations of 2014:

Rank

Name

Individual Or With Spouse

Net Worth

(US$ mln)

Donated Amount*

(US$ mln)

Donated Amount To Net Worth Ratio

Cause

1

Warren Buffett

Individual

66900

2100

3%

Bill and Melinda Gates Foundation

2

Nicholas Woodman

With spouse

4400

497.5

10%

Silicon Valley Community Foundation

3

Ronnie Chan

Individual

1500

175

10%

Harvard University

4

Gerald Chan

Individual

1300

175

12%

Harvard University

5

Kenneth Griffin

Individual

5500

150

3%

Harvard University

6

Gert Boyle

Individual

540

100

16%

Oregon Health & Science University

7

John Morgridge

With spouse

1500

100

6%

University of Wisconsin-Madison

8

John “Jay” Jordan

Individual

290

75

21%

University of Notre Dame

9

Edward Meyer

With spouse

740

75

9%

Weill Cornell Medical College

10

Charles Munger

Individual

1100

65

6%

University of California Santa Barbara

*Donated amounts only take into account donations that have already been made, and do not include pledged amounts.

Alex Akesson
Editor for HedgeCo.net
alex@hedgeco.net
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