Ultra-high-net-worth-(UHNW) individuals — those with a net worth of at least $30 million — gave a total of $153 billion toward philanthropic endeavors in 2018 — roughly equivalent to all U.S. federal government spending on healthcare, education and energy expected for this year, according to The New Normal: Trends in UHNW Giving 2019, the fourth edition of Wealth-X’s report focused on philanthropic giving by the world’s wealthiest individuals.
The report estimates that in the United States alone, the ultra-wealthy population accounts for between 20 percent and 30 percent of all individual giving, underscoring the great potential for nonprofit organizations to meet fundraising goals by engaging a relatively a small group of major donors.
According to the report, at $75 billion, North America accounted for nearly half of all philanthropic gifts made by UHNW individuals, globally. Nearly nine in every 10 UHNW individuals, meanwhile, direct part of their
