The Bill and Melinda Gates Foundation tops a new list of the world’s 10 largest private foundations, according to a new study of philanthropies led by ultra-high-net-worth individuals.
To qualify for an ultra-high-net-worth designation, an individual must have investable assets of at least $30 million, excluding their personal assets and property (such as a primary residence).
The Gates foundation’s assets currently stand at $43.5 billion, according to The Chronicle’s recent report on U.S. foundations.
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