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The Independent from London, Greater London, England • 12

Publication:
The Independenti
Location:
London, Greater London, England
Issue Date:
Page:
12
Extracted Article Text (OCR)

SATURDAYS DECEMBER 2O0STHE INDEPENDENT THE INDEPENDENT SATURDAY 27 DECEMBER 2008 13 12 Today 'The Independent' reveals Britain's leading i i no Tl philanthropists 30 individuals who have made a habit of giving their wealth away. We canvassed the charity sector and philanthropic organisations to find out who were this year's biggest givers, with donations amounting to 23bn. 8.JohanElasdi --0 -wSE. Donations: 50m, I 1 flfe Ws. jsSpi'-f a5l .50 Cause The envi- fifl iSj tfSfl rA 7 7-vk f-t Shimon Peres JiW T'fS7 I Sb-- i 'vt1 vS- Foundation.

riirM '1 I IiPV i A 1 slHlk Jr-- 'ffl treasuiofttieConservativeEarty 'sJhlf "j.l AV lIrVs L5SSB and environmental adviser to ftirdon JWtSk S-JrT A -Vm 1 WnfcNl 1. Sir Tom Hunter Wealth: 1.06bn. donations: More than l.Qlbn Causes: The Hunter Foundation, Scottish educational programmes and overseas youth projects. Pledging to donate more than lbn to good causes is an unusually mammoth vow, even for the richest man in Scotland. But Sir Tom Hunter is no ordinary philanthropist the tremors his enormous commitment made last year are still being felt.

Sir Tom made his fortune from his 20. JK Rowling Wealth: 560 itl Donations: 42m. Causes: One Parent Families Scotland, Comic Relief, Multiple Sclerosis Society Scotland, Children's High Level Group and many more. The Harry Potter author and avid philanthropist released a short story collection earlier this month which sold a record 2.6m copies on its first day Tipped to be the biggest seller of 2008 as well as the fastest, her book Tales OfBeaTheBardhasvsased millions for the author's charity, the Children's High Level Group, which helps vulnerable children across central and eastern Europe. sports retail chain Sports Division, sold to JJB Sports the 1990s.

The capitalist then turned venture philanthropist. Over the next few years, he and "ij CauseKTheWood ilf" O'f andJK I -X yf -iyl WoodGroup-HesetuptheWood I iKSStA RanilyTrust in 2007 after earning -h -y 'V- I I 1 fj i 135mfrom shares and has chan- jr' A. -V 'i I i nelled his donations into citizenship I W- A -1 'jk- 7 I I sdiemes.WFTis active in Tanzania ''t -1- I 'L I and Uganda. This year, WFT has giv- Sjgi fe- T-'j -Tv I I I en 24m to youth projects. V-, I Vf 6.

George Weston lO.BobEdmlston U.Gordon and Anita 13, Sir Elton John 15. Sir John Wealth: E205m. Donations: 30.2m. lasr WBath.500m iKLtiSttiJfl Donations: 40m. Wealth: 500m.

Donations: 40m. km Wealth: 520m. Donations: 42.8m. Causes: Education and a charity he founded, Christian Vision. Importing cars and -which he venture 4.PeterCruddas Wealth: El2bns Donations: Causes: Education and youth-based programmes.

The billionaire son of an Elast End mar ket trader set up the financial trading group CMC Markets 19 years ago then created the Peter Cruddas Foundation two years ago, and has given more than 100m of his personal fortune to youth-based charities. He once said: "I think it is quite obscene for one person to have such large amounts of money I am beginning a process to redistribute it to society." 5. David and Heather Stevens Wealth: ElOOrn aftertax. Donations! Gave ElOOm of shares to charity last year: -Ps Causes: Environ- LA Jl.LJJ merit, children and medical charities. Their ranking in the Sunday Times Rich List may have slipped from 608th to 784th in the past year, but the founding managers of the BritishuisurmicecompMiyAiiiiral are still worth at least 100m The husband and wife partnership have donated the same sum to various charities over the past year.

Elton John Aids Foundation, Oxfam, Breast Cancer Research and manv others. his wife plan to give away the majont x.T nj i a.i i i me proms irum uieir pnyaw equity vehicle West Coast Capital, which invests in such high street retailing giants as BHB and Office. The couple have already donated in excess of l00m to their charity, the Hunter Foundation, over the past 10 vpnrs v. 2. Christopher Hohn Wealth: EllOm.

Donations: 236.8m. Causes: to the Clinton Foundation for the treatment of HIVAids orphans tn Malawi, emergency aid to places such as Darfur, Mr Hohri and his wife, Jamie Cooper-Hohn, set up the Children's Investment Fund Foundation five years ago and have donated more than 800m to the fund, Mrs Cooper-Hohn heavily researches suitable causes for the charity, and much ofthe money is channelled through projects in Africa. 3.LordSainsbury Wealth: 1.3bn. Donations: 233m. Causes: The Gatsby Charitable Foundation, a grant-giving organisation which supports education, medicine, science and the arts.

He may be from the famity which brought us a supermarket, but David Sainsbury's activities do not stop there. He handed out one of the largest donations ever made to a British university this year. The 82m sum will fund 120 scientists to work at a research facility at Cambridge. i f1, pgJ- fr 21. Dame Vivien Duffield Wealth: Unknown.

Donations: 4.2m. Causes: Arts; Jewish causes and education. Dame Vivien inherited 45m from her father, property developer Charles Clore, in 1979 and became chairwoman of the Clore-Duffield Foundation, which has donated 112m to charity. This year it bequeathed 4.2m, including lm to the National Museum of Cardiff In the 1990s, she raised half the funds for the 214m rebuilding of the Royal Opera House. 22.johnStudzlnsld Wealth: 13.5m salary in 2006.

Donations: 2m to4m. Causes: Genesis Foundation, Tate Modern. Known to his friends as the American is one of London's most successful investment bankers and was dubbed the most generous businessman by the Beacon FeUowship in 2005. He has predicted tough times for the world of philanthropy but the recession did not stop the devout Catholic from donating 5m to the Tate Modern gallery In London. 23.

He Gunnar Solskjaer Wealth: Undisclosed, Donations: 2m. Causes: Unicef, youth education. Manchester United's "baby-faced assassin'' is almost as well known for charity work as he is for last-minute goals. Although injury forced him to retire last year, he did pull on the red shirt again in August for a testimonial match in his honour against Spanish club Espanyol. He has pledged ta donate most of his2m fee to the United Nations Children's Fund, for which he is Norwegian ambassador NOS.24t030 PAGE 15 Wealth: 60m.

Donations: 38.1m. Causes: The Roddick Foundation prioritises human rights, poverty and environmental conservation. The pigeon is just one of the benefactors of the Roddicks' charitable work, Lastyear, Mr Roddick invested in a more humane system of keeping pigeons off buildings without causing them any harm. Hie and his late wife, Dame Anita, made more than 100m when they sold ethical cosmetics company The Body Shop. Since then, he has proved keen to continue his wife's good work.

Sir Elton often receives bad press for his ostentatious celebrityparties, hissy fits and extravagance. But few would deny that the singer-songwriter is a force for good whose public and private generosity supports a staggering number of causes. He donates up to 30 per cent of money from ticket sales at each of his Uve performances. Causes: The JohnTempleton Foundation, the Templeton world Charity Trust, the Templeton Religion Trust. Sir John Templeton died in July at the age of 95, bequeathing millions to fund to his favourite causes: religion and science, 16.

Michael Moritz Wealth: 651m. Donations: 25m. Causes: Christ Church college at Oxford University. Mr Moritz. who 18.

Michael Spencer Wealth: 800m. Donations: lim. Causes: More than 100 charities, including Asthma UK, Breast cancer Research, the Gateway Society, Kids Company, Medicinema and Starlight children's foundation. Sixteen years ago, the brokerage ICAP set up a chari day which raises funds for good causes. The scheme, which has raised more than 53m, is the brainchild of Mr Spencer, the company's chief executive.

19. Jimmy Heselden Wealth: 205m. Donations: ElOm. Causes: Hesco Bastion Fund, hospitals, hospices, children's charities and community projects. Mr Heselden, a former coal-miner, made his fortune inventing a metal cage used to support motorway embankments and flood defences.

He decided to usehis wealth for good causes and this year set up the Hesco Bastion Fund with Leeds Community Foundation. He plans to bequeath another L5m next month. Wealth: Elbrr. Donations: 97m. Causes: Churches, youth groups and housing corporations benefit from grants given by the Garfield Weston Foundation.

George Weston, 44, and his family hold a 9O0m stake in Associated. British Foods, which he took control of in 2002. It owns brands such as Twinings, Kingsmill, Jordans and Primark, Mr Weston donates vast sums through the Garfield Weston Foundation a charity named after his grandfather and set up in 1958. 7. Anthony d'Offay Wealth: 130m.

Donations: 97m. Causes: Education in the arts and national heritage. The contemporary art dealer who has represented the likes of Joseph Beuys and Jeff Koons sacrificed 98.5m of the value of an art collection to make it affordable to the National Galleries of Scotland and the Tate. He sold the 725 works, valued at 125m, for the comparatively meagre sum of 26.5m, so they would be available for public viewing. Other charitable acts by the dealer include fundraising to help pay for Rachel Whitehead's Work Monument in 2001 property sales don't usually link with charity, but they do in Bob Edmis-ton's case.

The owner of IM Group and IM Properties donates a percentage of both companies' profits to funding new schools in" the Midlands. Christian Vision -set up 20 years ago aims to reach one billion people across Africa with Christian radio to offer support and information. ek. 14. Ros Edwards Wealth: 700m.

Donations: 30m. Causes: Cambridge University and bursaries for female students. Mrs Edwards, a 12.ArpadBusson Wealth: 250m. Donations: 37m. Causes: Absolute Return for Kids (ARK), whose gala dinner raised 27m from its celebrity guests lastyear.

Mr Busson, a French financier who is engaged to Uma Thurman, is a founding trustee of the charity ARK, which was set up in 2002 to help poor and abused children. However, he lost 230m at the hands of the alleged fraudster Bernard Madoff, and it remains to be seen what effect this will have on his charitable work. 17.SigridandLisbet Rausing Wealth: 5.4bn. Donations: More than 20m. Causes: Arcadia, theSigrid Rausing Trust, human rights.

environmental and cultural projects. The Rausing fortune sprang from Hans Rausing's Tetra-Pak design for milk and juice cartons. His daughters, Sigrid and Lisbet, lead the family philanthropically. The Sigrid Rausing Trust advocates human rights, while Arcadia works to preserve natural and cultural treasures. Each charity has given away more than 85m so fer.

Cambridge graduate, donated 30m after Oxford and Cambridge sought lbn from ex-students to help them match the funding enjoyed by the Ivy League colleges in the US, New Hall Collegehas now been re-named after Mrs Edwards and her husband, who made their fortune selling computer software. It is now called Murray Edwards Hall. studied modem history at Christ Church in the 1970s, is a partner in the US venture capital group Sequoia Capital He gave 25m of his fortune to the university this year -thehiggest bequest it has ever received. The sum will be invested by Oxford University Asset Management to generate returns to be used as income to provide student bursaries..

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Pages Available:
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Years Available:
1986-2023