11 Most Generous Billionaires: Forbes, 2023 | ThinkAdvisor (2024)

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11 Most Generous Billionaires: Forbes, 2023 | ThinkAdvisor? ›

Warren Buffett, chairman and chief executive of Berkshire Hathaway, topped the Chronicle of Philanthropy's annual list of the biggest charitable donations in 2023, with his $541.5-million gift to the Susan Thompson Buffett Foundation.

Warren Buffett, chairman and chief executive of Berkshire Hathaway, topped the Chronicle of Philanthropy's annual list of the biggest charitable donations in 2023, with his $541.5-million gift to the Susan Thompson Buffett Foundation.

These billionaire drop-offs include moguls behind some notable brands, such as Estée Lauder heir Gary Lauder; Hajime Satomi, former CEO of Japanese gaming company Sega Sammy; and David Tran, owner of the company behind Sriracha hot sauce.

Francoise Bettencourt Meyers, 70, has been deemed the richest woman in the entire world with a net worth of $99.5 billion in 2024, according to Forbes. She owes it to the widely known cosmetic care company called L'Oreal, which was founded by her grandfather.

Jamsetji Tata has been named as the biggest philanthropist of the world as he has donated USD 102.4 billion (Rs 829734 crore).

Andrew Carnegie may be the most influential philanthropist in American history. The scale of his giving is almost without peer: adjusted for inflation, his donations exceed those of virtually everyone else in the nation's history.

The first recipient of the Academy of Television Arts and Science's Bob Hope Humanitarian Award, she donates at least 10 percent of her annual income to charity.

A genuine philanthropist, Taylor sees the world's needs and finds ways she can make a difference. When natural disasters struck Tennessee in 2023, Taylor donated $1 million to the Middle Tennessee Emergency Relief Fund to help aid in disaster relief.

Who is the billionaire love on Forbes? ›

With an estimated net worth of $10.8 billion, Fridaylanders Judy and Tom Love ranked 205th on Forbes' 2021 list of the world's billionaires while Oprah Winfrey ranked 1,174 with $2.7 billion. The Loves are the founders of Love's Travel Stops and Country Stores, boasting more than 510 locations in 41 states.

Chuck Feeney is the James Bond of philanthropy. Over the last 30 years he's crisscrossed the globe conducting a clandestine operation to give away a $7.5 billion fortune derived from hawking cognac, perfume and cigarettes in his empire of duty-free shops.

Meet Philip Anschutz, who has been dubbed "America's most reclusive billionaire." His net worth sits at $10.7 billion, according to Forbes. The 83-year-old owns Anschutz Entertainment Group, which is the parent company of Coachella.

Livia Voigt, a 19-year-old Brazilian student, has claimed the title of the world's youngest billionaire, according to the 2024 Forbes Billionaires List. This year's list is dominated by the youth, with the 25 youngest billionaires all aged 33 or younger, who have $110 billion collectively.

Estimated Net Worth in 2024: £3.9 billion

Eight-year-old Charlotte is the wealthiest royal grandchild and the richest child in the world, with an estimated net worth of £3.9 billion ($5 billion).

The Bill & Melinda Gates Foundation alone is responsible for over 88 per cent of the total amount donated by philanthropic foundations to the WHO. Other contributors include the Bloomberg Family Foundation (3.5 per cent), the Wellcome Trust (1.1 per cent) and the Rockefeller Foundation (0.8 per cent).

People are generally more philanthropic toward the end of their lives, when they tend to have more savings, time, and motivation to help others. (Giving peaks at ages 61-75, when 77 percent of households donate, compared to just over 60 percent among households headed by someone 26-45 years old.)

Around the world, 4.2 billion people helped someone they didn't know, volunteered time or donated money to a good cause according to the Charities Aid Foundation's World Giving Index 2023. For the sixth year in a row, the world's most generous country is Indonesia.