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:

7) Nicolai Tangen

Our third hedge fund manager in the list so far, Nicolai Tangen placed seventh in the Sunday Times Giving List with a Giving Index of 14%. The publication stated that Tangen’s wealth was £550m as of May 2021, while his recent donations totalled £77m.

Born in Norway, Tangen is known to have the largest collection of modernistic Nordic art in the world. This collection had not damaged his net worth, however, as The Sunday Times Rich List of 2020 claimed his worth increased £50m from the previous year.

As for his charitable donations, Tangen is not a newcomer to the list, having placed sixth in the 2019 list. His philanthropy can be broken down into four main aspects and events, commencing with his founding of the AKO Foundation in April 2013. Tasked with funding the education and arts sector, Tangen has reportedly given away over £100m though the organisation.

Tangen’s aforementioned art collection has not been precured for his eyes only. He is due to donate his Nordic art collection to the Kunstsilo Museum, which is due to be opened in his hometown of Kristiansand.

Together with his wife Katja, Tangen has donated $25m to the University of Pennsylvania to support the creation of a new campus building and provide 22 students with scholarships. And finally, Tangen sponsored The London Munch exhibition at the British Museum, which opened in April 2019.