May saw the Sunday Times release its annual Giving List for 2021, where those in the UK are ranked depending on their ‘Giving Index’. This index is calculated by dividing the total sum of an individual or group of individuals by their total wealth, giving a percentage figure.
But who exactly are these generous givers who come from all aspects of society? How did they earn their riches? And what forms of charity are they most interested in? Below, Silver Linings News devotes a separate article to take a look at each of those who made it into the top 20 of the list:
10) Andrew Law
Coming in at 10th on the Giving List was Andrew Law. A British financier and hedge fund manager, Law also uses his financial means to act as a generous philanthropist.
With an estimated wealth of £550m, the Sunday Times claimed that Law had made £50m in recent donations as of May 2021. In turn, his ‘Giving Index’ was given a highly respectable rating of 9.09%.
The Tory doner currently co-chairs the Law Family Charitable Foundation with his wife, Zoe. Together, the pair donated a £1m to The Lowry in Salford, earning the honour of having the main gallery spaces renamed after the couple.
More recently, Law donated some £5.85m to the University of Sheffield via his Law Family Charitable Foundation. The funds were used to create a new student support programme, as well as funding the search for therapies for a range of incurable diseases.
While the majority of Law’s wealth has been given to charitable causes, the chairman and CEO at Caxton Associates also funds a more divisive area. Law acted as the Conservative Party’s 11th largest doner between 2010 and 2015 with a total sum of almost £1m.
Following this period, Law has since donated £250,000 to the Tories in May 2017 and a further £413,750 in 2019.
Born in Cheadle Hulme in 1966, Law continues to serve on the Board of Trustees of Social Finance, and Board of Trustees of Speakers for Schools at the age of 55.