Less than 1% of the world's billionaires donate to housing and shelter charities. Here are the top 10 causes the world's richest people give their money to.

Taylor Nicole Rogers

June 18, 2019 8:39 PM

AP Photo/Marty Lederhandler

T10. Housing and shelter

Philanthropy is the most popular hobby among billionaires , according to Wealth-X's 2019 Billionaire Census .
Education and the arts are among billionaires' favorite causes to donate to, Wealth-X reports.
Organizations fighting hunger and homelessness receive fewer donations from the world's wealthiest people.

Philanthropy is billionaires' favorite pastime, but the world's richest people don't support all causes equally, according to Wealth-X's 2019 Billionaire Census .

The causes they choose are influenced by a variety of factors. American billionaires traditionally fund new buildings or departments at their alma maters, Wealth-X reported, while some billionaires prefer to donate to causes that will land them in the public eye, like the arts and public affairs.

Keep reading to learn the top 10 causes billionaires donate to, ranked from least popular to most popular. Numbers do not add up to 100% because billionaires donate to more than one cause.

See the rest of the story at Business Insider