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:
17) Sir Martin Laing
Together with his family, Sir Martin Laing reached 17th in this year’s edition of The Sunday Times Giving List. Laing’s 6.63% Giving Index was achieved from £12.9m of recent donations coming via his £194m net wealth.
Born in 1942, Laing is a British entrepreneur in the construction industry. He was brought in to act as executive chairman of the family business that was John Laing plc. However, he was forced to resign in 2001 as the businesses faced losses within its construction arm.
As for his philanthropic efforts, Sir Martin Laing established the Martin Laing Foundation in1979. The organisation’s funding is placed into three key categories.
According to the foundation’s website, it focuses on ‘environmental and conservation work’, ‘projects benefiting disadvantaged young people or the elderly/infirm in Norfolk, Essex or Hertfordshire – supported through small capital grants to local charities,’ and ‘overseas development projects in Malta’.
Despite his charitable causes, Laing’s knighthood actually comes from his services to the construction industry – and was awarded in the 1997 New Year’s Honours list.