Some people who have more money than they can possibly spend in a lifetime make a valiant effort and just keep spending. Others take a more philanthropic approach, setting up foundations to distribute their wealth in areas such as education, medicine, or technology. It's never too late to start planning your own foundations, so here are some facts about the world's largest. Insidermonkey experts made a list of 11 biggest foundations in the world.
The Bill & Melinda Gates Foundation, established by Bill and Melinda Gates tops the list of the 10 largest private charitable foundations led by the World’s richest people, according to a study of philanthropies created by ultra-high-net-worth individuals. The Bill & Melinda Gates Foundation’s assets currently stand at $43.5 billion. When you finish with this list, you may want to read about Bill & Melinda Gates Foundation Trust’s latest bet on China & and two other latest hedge fund moves.
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