People with net worth of at least $30 million supplied 38% of individual philanthropy in 2025, as Altrata estimated their giving at $249.8 billion, up 31.7% from 2022.
The report, released Oct. 15, counted 556,850 people in this wealth group. They represented 1.1% of the global millionaire class. Altrata put their share of individual giving at 34% in 2018. Total giving by individuals exceeded $650 billion in 2025.
North America remained the largest source of donations from the group, contributing $114.6 billion, or about 46% of the total. Europe accounted for $84.1 billion and Asia for $34.4 billion. Since 2022, estimated giving rose 42.2% in Asia and 35.2% in Europe, compared with 26.6% in North America. Latin America and the Caribbean had the fastest growth among the listed regions, at 43.9%.
Altrata estimated that individuals and foundations gave $1.04 trillion in 2025, a 28% nominal increase from 2022. That figure does not include corporate, government or multilateral donations. For its estimate of ultra-wealthy giving, Altrata combined information on wealthy individuals with regional wealth estimates; gifts made anonymously are outside the total.
Altrata says private giving has become more important as public funding and multilateral aid have receded in many countries. The report cautions that philanthropy cannot easily take the place of government aid, with its scale, continuity and public-good function.
Altrata also projects growth in the population with net worth of at least $5 million, from 5.8 million in 2025 to 8.3 million by 2031. It forecasts that their liquid assets will exceed $45 trillion by 2031, compared with $33 trillion in 2025.
