The world’s largest private foundations
Globally, there are over 5,000 UHNW-founded private foundations, according to Wealth-X. Collectively, these foundations have total assets of US $560 billion – equivalent to 19.4% of combined net worth of the UHNW individuals who established them. In the past year, these foundations gave out a total of US $45 billion, equal to 8% of their … Read more