How to ask millionaires for Free money If you want to contact a rich person to ask for money, how do you do it? What do you say? In this section, I’ll give you some tips on how to ask the rich for cash.
Here are some tips for writing to rich people to ask for money …
How to ask millionaires for donations
Do not lie
Being honest and sincere is the best way to go when asking for money. If a billionaire or millionaire who helped you were to find out that you were lying, then you could get in trouble, even legal trouble.
Also, you know, it is unethical to lie to get money.
Be realistic
Asking for $ 1,000,000 for your dream home is probably not the best way to go. Asking $ 1,000 to pay your rent this month!
It is not that you cannot ask for large sums of money, but it is better if you are going to use that money for something like paying for college or starting your own business.
Write the letter in the first person
It is better to write your letter in the first person, so “I am seeking financial support for my startup,” rather than “John Doe is seeking financial support for his startup.”
It just makes the letter more personal and more likely to connect with the person reading it.
Be polite and don’t beg or be too demanding
Being polite is very important. It’s your money, and you don’t have to give it away if you don’t want to. So don’t be picky and don’t beg.
Avoid saying things like “I need cash right now, ” “Please send me money,” or “You are my last hope for money.”
If you are polite, they will be more inclined to help you. And if you can show that their donation to you will make a difference, like that it will prevent you from being homeless or help you earn a college degree, then they will be more likely to oblige than if you just said something like , “I just want money for a luxury automobile . »
Say “Thank you” in advance
This one is related to that whole notion of being polite that I mentioned earlier.
Be sure to thank the person for reading your letter or email.
You could say something like, “Thank you for taking the time to read my message. I appreciate that you should receive many requests like this one.
Let them know that even if they don’t help you, you appreciate them taking the time to read your letter or email.
Make sure to be concise
People are busy and millionaires are no different. So don’t stop putting too much into your letter or email.
Explain your situation concisely. Let them know why you need the money and explain what you plan to do with any money you receive.
In the initial request, don’t follow too much. Instead, say that if they are interested, they can contact you for more details.
Check your letter or email
Take the time to check your letter or email for typographical, grammar, or spelling errors. You want it to look like you’ve put effort into crafting your letter.
Yes! I know that most of the people on that list have given their fortunes to charities or organizations they are passionate about, however that doesn’t mean there aren’t millionaires giving money away to individuals.
In fact, there are a ton of millionaires and billionaires out there who are known to have donated some of their money to the people who have contacted them.
But how can you get in touch with rich people who give away money? It’s not like you can find JK Rowling’s home address or phone number to write her a letter, right?
Of course not.
However, that does not mean that there is not a way to reach a rich person for money.
In fact, there is a website called BillionaireMailingList.com that offers the contact addresses of all the billionaires in the United States. This includes all of the Forbes 400 Billionaires and Bloomberg Billionaires for 2019.
He says his lists are “100% Guaranteed Accurate or Your Money Back”
It is important to note that these lists are not free.
There are three types available, ranging in price from $ 19.95 to $ 29.95, or you can get all three lists for $ 39.95.
The website says that people can get in touch for multiple reasons, such as:
- To save yourself from homelessness, auto repos, foreclosure, and utility shutdowns.
- Ask for help to start a new business.
- To apply for a scholarship to college.
- And many more.
You can also check out AnonymousMillionare.org. This website is run by a millionaire who wants to help people. So you can request money on the site here .
Why do the rich give money away?
There are many reasons why the world’s millionaires and billionaires give their money. When it comes down to it, the main reason is simple: They want to help people who are less fortunate than they are. I have gifted money to charities over the years. You can have too much, and millionaires and billionaires are no different.
They want to give cash to causes that matter to them, but they just do it on a much larger scale, because they have the means to do so.
Many rich people give their money away through charitable organizations. Some rich people have their own charities that they fund and some rich people donate to a variety of charities that are close to their hearts.
Let’s take a look at some reasons the rich give away money
To prevent homelessness
Millionaires can donate money to prevent families from becoming homeless.
To help people with their career goals
Someone might want to start their own business, but don’t have the funds to do so.
Or someone could be a talented artist, but not have the funds for a studio space or the time due to work commitments to pursue a career.
A wealthy person can help finance startups or the work of an artist to start their career.
To help fight hunger
Unfortunately, hunger is a problem all over the world, even in our own country. Many wealthy people donate to programs that help fight hunger.
Fund research, education, conservation, and public services.
Many wealthy people donate to help fund universities, wildlife conversations, scientific studies, public health services, and more.
Helping people in times of crisis
Many millionaires donate money to people in times of crisis, such as after a natural disaster like Hurricane Katrina. Others could help women and children in crisis, like JK Rowling, for example.
There are many other reasons why people might give away some of their fortune, of course, as you’ll see below!
Top 10 Millionaires & Billionaires who have given away money
Well, in this section, I will cover some examples of rich people who have given money away.
These range from businessmen like Warren Buffet to authors like JK Rowling.
1. Warrant Buffet
Warren Buffet has made billions through investments and is giving away much of his wealth.
He is the fourth richest man in the world who has a net worth of around $ 78 billion, thanks to his investment conglomerate Berkshire Hathaway.
Berkshire Hathaway owns stakes in household names such as Dairy Queen, American Airlines and Kraft Heinz.
Since 2006, he has donated an impressive $ 37 billion! You said you want to donate 99% of your fortune.
Much of your donations have gone to the Bill and Melina Gates Foundation. The foundation is known for its anti-poverty and health initiatives such as malaria prevention and polio vaccination. It also helps a number of other causes, such as fighting hunger and extreme poverty and improving education.
2. Chuck Feeney
The story of Irish-American businessman Chuck Feeney is quite fascinating. “Give while you live” is their motto. He made his fortune as a co-founder of the Tax Free Shoppers Group, which pioneered the tax free shopping model. For years he had been secretly giving away his money.
Yes that’s how it is. It was only discovered in 1997, after a trade dispute, that Feeney had given away $ 600 million without anyone knowing.
Since then, he has continued to give away most of his wealth.
Feeney has always been known for his frugality, with reports that:
- Coach flew up to age 75
- Rent the apartment you live in
- He skipped the fancy lunches in New York City in favor of burgers at one of the Upper East Side pubs
In 2017, it emerged that Feeney had left himself with only $ 2 million of his wealth to live on. This worked for less than 0.001% of the $ 8 billion he had given away.
Chuck Feeney gives his wealth through his foundation The Atlantic Philanthropies. It has given $ 2 billion to Ireland, $ 177 million to find a cure for dementia, and $ 100 million to the UC San Francisco Medical Campus.
And those are just a few examples of his generosity.
3. JK Rowling
Had it not been for her philanthropy, JK Rowling would be on Forbes’ list of billionaires. Thanks to her charitable donations, Rowling has gone from billionaire to millionaire.
The author of Harry Potter has made many donations to a variety of causes over the years. The Harry Potter author donated £ 1 million to charities to support vulnerable people during lockdown, with the other half going to help the homeless and the other half to support victims of domestic abuse.
In 2019, he donated another £ 15.3 million to the Anne Rowling Clinic for Regenerative Neurology at the University of Edinburgh.
The clinic – which was named in memory of Rowling’s mother who died at age 45 of multiple sclerosis – was founded by the author in 2010. It conducts research on various neurological conditions, such as MS and Parkinson’s disease. .
4. Ted Turner
CNN founder Ted Turner has been giving away his money for decades.
In 1997, Turner pledged $ 1 billion to United Nations programs, which established the United Nations Foundation, a public charity to expand US support for the United Nations.
Along with Warren Buffet and Chuck Feeney, Turner is part of the Giving Pledge. It is an organization that encourages the richest people in the world to donate most of their wealth to philanthropic causes.
5. Tim Cook
Apple CEO Tim Cook is another businessman who is known for donating his wealth. Cook owns 847,969 Apple shares – representing about 0.02% of the company’s shares – which have a total value of about $ 375 million. His stock sales, dividends and other compensation amount to about $ 650 million.
Despite his wealth, he is another billionaire who does not live a luxurious lifestyle, reportedly living in a Palo Alto home that is worth less than 75% of median city home value.
In Adam Lashinsky’s 2012 book, “Inside Apple: How America’s Most Admired – and Secretive – Company Really Works,” Tim Cook said, “Money is not a motivator for me.”
So it’s no wonder that in 2019 he donated more than $ 5 million worth of Apple stock to an unspecified charity. He has also vowed to donate his fortune to charity before he died.
6. George Soros
George Soros is a Hungarian-American billionaire investor and also has a philanthropic organization called the Open Society Foundations. Supports democracy and human rights in more than 100 countries.
He has given away more than $ 32 billion from his personal fortune to fund the foundation’s work around the world. Soros is also the founder and main funder of the Central European University of Budapest, which is a leading regional center for the study of the social sciences.
7. Hansjörg Wyss
Hansjörg Wyss is a Swiss businessman who donates his money.
He is the founder and was president, then president, of Synthes USA, until its sale in 2012.
In 2012, he sold the company to Johnson & for $ 20.2 billion. He currently has interests in publicly traded biotech companies, Novocure and Molecular Partners. In 2019, it announced that it was donating $ 131 million to Harvard University.
The money will be donated to the Wyss Institute for Biologically Inspired Engineering at Harvard, which was established after a $ 125 million donation Wyss made to Harvard in 2009.
His donations over the years and across the University amount to more than $ 400 million.
In addition, he founded the Wyss Foundation , which, according to the website, is “dedicated to supporting innovative and lasting solutions that improve lives, empower communities and strengthen connections to the earth.”
It has a focus on conservation, but has also supported initiatives in education, environmental journalism, social justice, and other causes.
8. Jim Walton (and the Walton family as a whole)
Jim Walton is the son of Walmart founder Sam Walton. In 2019, he donated $ 1.2 billion of the retailer’s stock.
The Walton family as a whole has been known for helping various charitable causes through their organization, the Walton Family Foundation. He focuses on enhancing K-12 education, protecting rivers and oceans and the communities they support, and investing in his home region of Northwest Arkansas and the Arkansas-Mississippi Delta.
9. Pedro Omidyar
EBay founder Pierre Omidyar became a millionaire at just 31 years old. Since then, he has given away his wealth to support a wide variety of causes.
In 2015, Omidyar gave 10% of his eBay stock, which was estimated to be worth $ 269 million, to undisclosed charities. He is also the founder of the Omidyar Network which supports non-profit and for-profit organizations.
Omidyar’s philanthropic activities have contributed more than $ 1 billion to programs in a variety of causes, from disaster relief to human rights.
10. Michael Bloomberg
Former New York Mayor and businessman Michael Bloomberg has given away a ton of money over the years. He is one of America’s most generous philanthropists, giving away $ 9.5 billion to a wide variety of causes, including a $ 1.8 billion donation to John Hopkins University.
This donation allowed John Hopkins to accept and permanently enroll students regardless of their ability to pay. It is the greatest gift in the history of American higher education. Bloomberg Philanthropies, his philanthropic organization, distributed $ 3.3 billion in 2019.
He joined The Giving Pledge alongside other billionaires like Warren Buffet.
conclusion
Obviously, this cannot be expected to work as an overnight millionaire scheme. It’s just a way to get help when you need it most. It is good to know that there are people who are willing to share their wealth. And it’s very interesting to see what causes wealthy people like Warren Buffet and Chuck Feeney to like to give.
Even if you can’t contact the people on the list above directly, and most of them are donating to charities and non-profits, you can instead use those sites I mentioned above to connect with wealthy people.
Those sites are good because they give you a way to contact wealthy people to ask for money. There are many reasons why you might want to get in touch with wealthy people who are giving away money.
Maybe you need help with your mortgage payment? Or maybe you just had a career goal that you really need some money to pursue.
Whatever it is, consider contacting billionaires and millionaires who are giving away money.