Wealthiest people gave £3.2bn to charity in the past year

The Sunday Times Giving List, part of its Rich List, says Jamie Cooper, former wife of hedge-fund manager Sir Chris Hohn, gave away 60.8 per cent of her fortune

The wealthiest people in Britain donated a record £3.2bn to charity in the past year, according to the Sunday Times Rich List.

The amount of money given to charity by the 260 richest people in the country has risen by 20 per cent compared with the previous 12 months, according to the newspaper’s Giving List, which is part of the annual Rich List.

The full list is due to be published next weekend, but a preview outlining some of the more generous givers was released on Sunday, ranked according to the proportion of their wealth they gave away.

Jamie Cooper, the former wife of the hedge-fund manager Sir Chris Hohn, moved up from second position in last year’s list to take the top slot from the businessman Lord Sainsbury, after giving away £204.9m, or 60.8 per cent of her fortune. Hohn was sixth on the list.

Lord Sainsbury, who topped the list for the previous two years, was the second most generous person this time around, giving away £196.3m, or 35.1 per cent of his total wealth.

The businessman Sir Clive Cowdery was third, the same position he occupied last year, donating 30.4 per cent of his fortune, or £44.7m.

The biggest single gift in the past year was from the businessman Steve Morgan, whose donations included £226m worth of shares in his business, the house-building company Redrow, to his charity, the Morgan Foundation.

The musician Sir Elton John was 10th on the list, having given away more than £34m over the past year, or 11.8 per cent of his total wealth.

The Giving List element of the Rich List was compiled in partnership with the Charities Aid Foundation.

Joanna Walker, CAF’s head of private clients, said: "This year’s Giving List echoes our experience at CAF over many years. Major donors are making a huge contribution to charities and achieving amazing things. Their importance cannot be overstated.

"The huge contribution of Britain’s philanthropists makes it possible for charities to do vital work that has a lasting impact on improving lives.

"So it is fantastic to see that those with the greatest means are becoming ever-more generous in their support for good causes."

The top 10, by proportion of wealth donated

Name Amount donated Proportion of
wealth donated
Jamie Cooper                          £204.9m 60.8%
Lord Sainsbury £196.3m 35.1%
Sir Clive Cowdery £44.7m 30.4%
Steve Morgan £229.8m 27.7%
Dame Janet de Botton £50.4m 25.2%
Sir Chris Hohn £204.9m 25%
Lord Verjee £33.9m 20.5%
Jeremy Coller £42.8m 17.1%
Jonathan Ruffer £49.8m 12.3%
Sir Elton John £34.3m 11.8%
Fundraising News

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