Bill Gates Foundation Stood FIrst In Position In World's Wealthiest

The Bill & Melinda Gates Foundation topped the listed as one of the World's Wealthiest Private Foundations established by living Ultra-High Net Worth (UHNW) Individuals, those with wealth $30 million and more than that and above.

As per Global Wealth Intelligence & Prospecting Firm, BillGates Foundation total assets stood at $43.4 billion. This amount is more than half of the combined assets of the Top 10 charitable foundations on the top list. It is known that Bill Gates have donated half of his fortune to the charity.

Hong Kong business tycoon Li Ka-Shing's Li Ka Shing Foundation ranked 2nd with $8.1 billion in assets. Gordon and Betty Moore Foundation occupies 3rd spot with $6.4 billion assets, Bloomberg Philanthropies came 4th in the list with $5.4 billion and Sulaiman Bin Abdul-Aziz Al Rajhi Endowments with assets of $4.3 billion is ranked 5th.

All over the World, Over 5,000 UHNW-founded Private Foundations exist and their total assets stood at $560 billion