- Mar 5, 2004
- 17,332
- 6,425
- Country
- United States
- Faith
- Lutheran
- Marital Status
- Single
- Politics
- US-Democrat
Proof to back you claim that "only a small minority are generous" please. According to Philanthropy Roundtable in the US "high-income households provide an outsized share of all philanthropic giving. Those in the top 1 percent of the income distribution (any family making $394,000 or more in 2015) provide about a third of all charitable dollars given in the U.S. When it comes to bequests, the rich are even more important: the wealthiest 1.4 percent of Americans are responsible for 86 percent of the charitable donations made at death, according to one study." The full report can be found here: Who GivesOnly a small minority are generous. The wealthiest 10% in the world have more wealth than the whole world combined.
42 people hold as much wealth as the 3.7 billion people who make up the poorer half of the world’s population.
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