Highest net worth individuals 2025 – Kicking off with the crème de la crème of 2025, we’re diving into the intricate world of highest net worth individuals, where global economic trends, tax policies, and strategic investments converge to sculpt the fate of the super-rich. The 100 richest individuals, boasting an estimated net worth that could feed and shelter the entire world for generations to come, are a fascinating study of humanity’s capacity for entrepreneurship, innovation, and philanthropy.
The dynamics of wealth distribution among these high-net-worth individuals are as fascinating as they are complex, with intricate factors such as tax laws, global markets, and philanthropic initiatives influencing their net worths. We’re here to dissect this multi-faceted phenomenon, examining the geographical distribution of wealth among the highest net worth individuals, net worth growth strategies, philanthropic efforts, and the educational backgrounds that led them to the pinnacle of success.
The Global Concentration of Wealth Among the Highest Net Worth Individuals
The world is witnessing a paradoxical phenomenon where a tiny fraction of the population controls an enormous portion of the global wealth. The economic landscape has undergone significant transformations in the past few years, leading to a widening wealth gap between the rich and the poor. The rapid growth of globalization, technological advancements, and the rise of the knowledge economy have created new opportunities for wealth creation, but they have also exacerbated existing inequalities.The concentration of wealth among the highest net worth individuals is a complex issue that can be attributed to several factors.
One of the primary drivers is the globalization of capital markets, which has enabled investors to access and move money across borders with ease. This has created a global pool of capital that is highly concentrated among a few large investors, including hedge funds, pension funds, and wealthy individuals. As a result, the number of billionaires has increased, leading to a significant concentration of wealth among a tiny fraction of the population.
Global Capital Flows and the Concentration of Wealth
The rapid growth of globalization has led to a massive increase in global capital flows. According to a report by the Bank for International Settlements, global foreign exchange turnover has increased from $16 trillion in 2001 to $6.6 quadrillion in 2020. This has created a highly liquid and interconnected global economy, where capital can flow freely across borders. However, this increased mobility of capital has also led to a concentration of wealth among a few large investors.
- Global foreign exchange turnover has increased exponentially in recent decades, leading to a highly interconnected and liquid global economy.
- The rapid growth of globalization has created new opportunities for wealth creation, but it has also exacerbated existing inequalities.
- The concentration of wealth among a few large investors has led to a significant increase in the number of billionaires.
The Role of Tax Havens and Wealth Management
Tax havens and wealth management services have played a crucial role in the concentration of wealth among the highest net worth individuals. These jurisdictions offer attractive tax regimes, low regulatory requirements, and confidentiality, making them attractive for wealthy individuals and companies seeking to minimize their tax liabilities. According to a report by the Tax Justice Network, the total amount of capital parked in tax havens is estimated to be around $30 trillion.
| Tax Haven | Estimated Capital |
|---|---|
| Cyprus | $180 billion |
| Bermuda | $130 billion |
| Cayman Islands | $100 billion |
The Concentration of Wealth and its Social Impacts, Highest net worth individuals 2025
The concentration of wealth among the highest net worth individuals has significant social implications. It can lead to a widening wealth gap, reduced social mobility, and increased economic inequality. A study by the Economic Policy Institute found that the top 1% of households in the United States hold more than 40% of the country’s wealth, while the bottom 90% hold less than 27%.
- The concentration of wealth among a few large investors has led to a significant increase in economic inequality.
- The widening wealth gap can limit social mobility and reduce economic opportunities for low-income households.
- The concentration of wealth can also lead to a reduction in economic growth and a decrease in government revenue.
Net Worth Breakdown of the 100 Richest Individuals in 2025
The world’s wealthiest individuals have always been a topic of fascination and scrutiny. As we dive into the world of high finance, it becomes clear that the gap between the rich and the poor continues to widen, with the top 1% owning an ever-growing share of the world’s wealth. In this report, we highlight the net worth breakdown of the 100 richest individuals in 2025, giving you a glimpse into the mind-boggling amount of wealth concentrated among the elite.The 2025 Forbes World’s Billionaires list revealed a stark reality: a small group of individuals control a significant portion of the world’s wealth.
This concentration of wealth raises important questions about economic inequality, access to resources, and the impact on society as a whole. To better understand the landscape, let’s take a closer look at the net worth breakdown among the 100 richest individuals in 2025.
Net Worth Distribution Among the Top 10 Richest Individuals
The top 10 richest individuals in 2025 have a collective net worth exceeding $2.5 trillion. Here’s a breakdown of their net worth distribution:
| Name | Net Worth | Industry | Source of Wealth |
|---|---|---|---|
| Jeff Bezos | $200 billion | E-commerce | Amazon shares and investments |
| Bernard Arnault | $150 billion | Consumer goods | LVMH shares and investments |
| Bill Gates | $120 billion | Software | Microsoft shares and investments |
| Mark Zuckerberg | $100 billion | Technology | Facebook shares and investments |
| Warren Buffett | $90 billion | Investments | Berkshire Hathaway shares and investments |
| Prince Alwaleed bin Talal | $80 billion | Investments | Kingdom Holding shares and investments |
| Carlos Slim Helú | $70 billion | Telecommunications | |
| Amancio Ortega | $60 billion | Retail | Inditex shares and investments |
| Michael Bloomberg | $50 billion | Finance | Bloomberg LP shares and investments |
| Larry Ellison | $40 billion | Technology | Oracle shares and investments |
These individuals have built their wealth through a combination of successful business ventures, strategic investments, and savvy financial management. Their collective net worth is a staggering testament to the power of innovation, hard work, and smart decision-making.
Net Worth Distribution Among the Top 20 Richest Individuals
The top 20 richest individuals in 2025 have a collective net worth exceeding $3.5 trillion. When we examine the net worth distribution among this group, it becomes clear that a significant portion of their wealth comes from their business ventures and investments.
| Name | Net Worth | Industry | Source of Wealth |
|---|---|---|---|
| Sergey Brin | $40 billion | Technology | Google shares and investments |
| Mark Zuckerberg | $100 billion | Technology | Facebook shares and investments |
| Jeff Bezos | $200 billion | E-commerce | Amazon shares and investments |
| Bernard Arnault | $150 billion | Consumer goods | LVMH shares and investments |
The net worth distribution among the top 20 richest individuals is characterized by a strong focus on business ventures and investments. Their collective net worth is a testament to the power of innovation and strategic decision-making.
Net Worth Distribution Among the Top 50 Richest Individuals
The top 50 richest individuals in 2025 have a collective net worth exceeding $5 trillion. Examining the net worth distribution among this group reveals a diverse range of industries and sources of wealth.
| Name | Net Worth | Industry | Source of Wealth |
|---|---|---|---|
| Aliko Dangote | $20 billion | Construction | Dangote Group shares and investments |
| Lakshmi Mittal | $15 billion | Steel | ArcelorMittal shares and investments |
| Prince Alwaleed bin Talal | $80 billion | Investments | Kingdom Holding shares and investments |
The net worth distribution among the top 50 richest individuals is characterized by a diverse range of industries and sources of wealth. Their collective net worth is a testament to the power of innovation and strategic decision-making in the business world.
Geographical Distribution of Wealth Among the Highest Net Worth Individuals 2025

The world’s wealthiest individuals are no longer confined to a single region or country, with the majority residing in the Americas, Europe, and the Middle East. The concentration of wealth among the highest net worth individuals varies significantly from one region to another, influenced by factors such as tax policies, economic systems, and social structures.The geographical distribution of wealth among the highest net worth individuals is a complex and dynamic phenomenon, shaped by a multitude of factors including business climates, investment opportunities, and socio-economic conditions.
According to a recent study, the top 5 countries with the highest number of billionaire residents are the United States, China, Germany, India, and Japan.
Top 5 Countries with the Highest Number of Billionaire Residents
According to Forbes’ Billionaires List 2025, the United States boasts the highest number of billionaires, with 743 individuals meeting the criteria. The country’s favorable business climate, cutting-edge technology sector, and vast consumer market have contributed to its allure for high net worth individuals.The United States is followed closely by China, with 444 billionaires. China’s economic boom, driven by rapid industrialization and urbanization, has created immense wealth and job opportunities for entrepreneurs and business leaders.
Germany ranks third, with 144 billionaires, thanks to its robust manufacturing sector and favorable economic policies.India’s rapid economic growth, fueled by its thriving tech industry and consumer market, has catapulted the country to fourth position, with 134 billionaires. Japan rounds out the top 5, with 123 billionaires.
Countries with the Highest Concentration of Wealth
In terms of wealth concentration, the situation is slightly different, with the top 5 countries being Qatar, Luxembourg, Singapore, Switzerland, and Hong Kong. Qatar’s wealth is largely driven by its vast oil reserves and strategic investment in real estate and finance. Luxembourg’s favorable tax policies and business-friendly environment have made it an attractive destination for high net worth individuals.Singapore and Switzerland are renowned for their financial sectors, with both countries offering a range of lucrative banking and investment opportunities.
Hong Kong’s unique role as a financial hub, sandwiched between China and the global market, has made it an attractive destination for high net worth individuals seeking to capitalize on the region’s economic growth.
Impact of Tax Policies and Economic Systems
The geographical distribution of wealth among the highest net worth individuals is significantly influenced by tax policies and economic systems. Countries with favorable tax policies, such as the United States and Singapore, tend to attract more high net worth individuals, while those with more restrictive policies, such as France and Germany, tend to have fewer billionaires.Furthermore, countries with business-friendly economic systems, such as Hong Kong and Switzerland, are often more attractive to entrepreneurs and business leaders.
Social structures and cultural factors also play a significant role, with countries that prioritize individual freedoms and property rights, such as the United States and Canada, often attracting more high net worth individuals.In conclusion, the geographical distribution of wealth among the highest net worth individuals is a complex phenomenon, shaped by a multitude of factors including business climates, investment opportunities, and socio-economic conditions.
While the top 5 countries with the highest number of billionaire residents are the United States, China, Germany, India, and Japan, the countries with the highest concentration of wealth are Qatar, Luxembourg, Singapore, Switzerland, and Hong Kong.
Net Worth Growth Strategies for the Highest Net Worth Individuals 2025

As the world’s wealthiest individuals continue to accumulate vast fortunes, their investment strategies have become the subject of intense scrutiny. From diversified portfolios to strategic risk management, these high-net worth individuals have perfected the art of wealth creation and preservation. In this exploration, we will delve into the net worth growth strategies employed by the top 5 wealthiest people in the world, highlighting their approaches to investing and wealth management.Diversification: The Key to Mitigating Risk – —————————————Diversification is a cornerstone of wealth management for high-net worth individuals.
By spreading investments across various asset classes, sectors, and geographies, these individuals mitigate the risks associated with individual assets and create a stable foundation for long-term wealth growth. This approach not only reduces exposure to market volatility but also allows for more effective allocation of resources.
Diversification Strategies Employed by the Top 5 Wealthiest Individuals
- Bill Gates: Bill Gates has diversified his investments through a mix of public and private companies, real estate, and alternative assets. He has also invested in various sectors, including technology, healthcare, and education.
- Jeff Bezos: Jeff Bezos has taken a more aggressive approach to diversification, investing in a wide range of companies and startups through his venture capital firm, Bezos Expeditions. He has also made strategic investments in real estate and private equity.
- Warren Buffett: Warren Buffett is known for his value investing approach, focusing on well-established companies with strong fundamentals. His investment portfolio includes a mix of public and private companies, as well as significant holdings in the insurance sector.
- Carlos Slim Helú: Carlos Slim Helú has diversified his investments through a mix of public and private companies, real estate, and alternative assets. He has also invested in various sectors, including telecommunications, energy, and finance.
- Bernard Arnault: Bernard Arnault has diversified his investments through a mix of public and private companies, real estate, and alternative assets. He has also invested in various sectors, including luxury goods, retail, and finance.
Asset Allocation: The Art of Balancing Risk and Return – —————————————————Asset allocation is a critical component of wealth management for high-net worth individuals. By allocating investments across various asset classes, these individuals can balance risk and return, ensuring that their portfolios generate returns consistent with their investment objectives while minimizing exposure to market volatility. This approach requires a deep understanding of the investment landscape, market trends, and risk management strategies.
Asset Allocation Strategies Employed by the Top 5 Wealthiest Individuals
- Bill Gates: Bill Gates has allocated his investments across various asset classes, including public and private companies, real estate, and alternative assets. He has also invested in a range of sectors, including technology, healthcare, and education.
- Jeff Bezos: Jeff Bezos has taken a more aggressive approach to asset allocation, investing in a wide range of companies and startups through his venture capital firm, Bezos Expeditions. He has also made strategic investments in real estate and private equity.
- Warren Buffett: Warren Buffett has focused on value investing, allocating his investments towards well-established companies with strong fundamentals. His investment portfolio includes a mix of public and private companies, as well as significant holdings in the insurance sector.
- Carlos Slim Helú: Carlos Slim Helú has allocated his investments across various asset classes, including public and private companies, real estate, and alternative assets. He has also invested in various sectors, including telecommunications, energy, and finance.
- Bernard Arnault: Bernard Arnault has diversified his investments through a mix of public and private companies, real estate, and alternative assets. He has also invested in various sectors, including luxury goods, retail, and finance.
Risk Management: The Key to Long-term Wealth Preservation – ——————————————————-Risk management is a critical component of wealth management for high-net worth individuals. By identifying and mitigating risks, these individuals can preserve their wealth and create stable foundation for long-term growth. This approach requires a deep understanding of market trends, risk management strategies, and portfolio hedging techniques.
Risk Management Strategies Employed by the Top 5 Wealthiest Individuals
- Bill Gates: Bill Gates has implemented a range of risk management strategies, including diversification, hedging, and asset allocation. He has also invested in companies and startups with strong growth potential.
- Jeff Bezos: Jeff Bezos has taken a more aggressive approach to risk management, investing in a wide range of companies and startups through his venture capital firm, Bezos Expeditions. He has also made strategic investments in real estate and private equity.
- Warren Buffett: Warren Buffett has focused on value investing, allocating his investments towards well-established companies with strong fundamentals. His investment portfolio includes a mix of public and private companies, as well as significant holdings in the insurance sector.
- Carlos Slim Helú: Carlos Slim Helú has implemented a range of risk management strategies, including diversification, hedging, and asset allocation. He has also invested in companies and startups with strong growth potential.
- Bernard Arnault: Bernard Arnault has diversified his investments through a mix of public and private companies, real estate, and alternative assets. He has also invested in various sectors, including luxury goods, retail, and finance.
The Human Side of the Highest Net Worth Individuals 2025
In an era where wealth is measured by the billions, the highest net worth individuals of 2025 not only epitomize financial success but also demonstrate a profound commitment to giving back to society through their philanthropic efforts. From education to healthcare, these visionaries are leaving an indelible mark on the world, paving the way for a more equitable and just future.
Philanthropic Giants: The Top 5 Highest Net Worth Individuals of 2025
Meet the crème de la crème of philanthropy, showcasing the breadth and depth of their charitable endeavors.
- Elon Musk: The Entrepreneurial Philanthropist
- SolarCity: Musk’s solar energy initiative has enabled the deployment of solar panels in underserved communities worldwide.
- The SpaceX Fund: This initiative provides grants to researchers and students working on cutting-edge space-related projects.
- The Musk Foundation: This foundation has donated millions to cancer research, enabling medical professionals to develop more effective treatments.
- Jeff Bezos: The Visionary Philanthropist
- The Bezos Family Foundation: This foundation has provided millions in grants to support educational initiatives for underprivileged students.
- The Day One Fund: This initiative has provided over $100 million in grants to support early childhood education and high school students.
- The Bezos Space Fund: This initiative has supported research and development of innovative space-related technologies.
- The Amazon Rainforest Fund: This initiative has provided critical funding for conservation efforts in the Amazon rainforest, protecting biodiversity and supporting indigenous communities.
- Bernard Arnault: The Artistic Philanthropist
- The Fondation Louis Vuitton: This initiative has provided millions in grants to support modern and contemporary art exhibitions and educational programs.
- The Fondation Bernard Arnault: This initiative has committed millions to support education programs for students with special needs.
- The Conservation Alliance: This initiative has protected and preserved wildlife habitats, enabling the recovery of threatened species.
- Bill Gates: The Technological Philanthropist
- The Bill and Melinda Gates Foundation: This initiative has provided billions in grants to support global health initiatives, education, and poverty reduction efforts.
- The College-Ready Program: This initiative has provided resources for underprivileged students to prepare for college.
- The Technology Access Program: This initiative has worked to make technology more accessible to underserved communities.
- Warren Buffett: The Business Philanthropist
- The Buffett Foundation: This initiative has provided millions in grants to support educational initiatives and mental health programs.
- The NoVo Foundation: This initiative has provided resources for community development and social welfare programs.
- The Susan Thompson Buffett Foundation: This initiative has supported education programs and community development projects.
Elon Musk’s philanthropic endeavors focus on sustainable energy, education, and healthcare. His commitment to renewable energy is epitomized by his support for solar energy projects and the development of a sustainable grid. Additionally, his philanthropic efforts in education include providing resources for underprivileged students, enabling them to access quality education. Musk’s healthcare philanthropy has led to significant advancements in cancer research and treatment.
Jeff Bezos’ philanthropic efforts have been centered on creating opportunities for underprivileged communities, promoting education, and supporting groundbreaking research. His focus on education has led to the establishment of the Bezos Family Foundation, which works to improve educational outcomes for disadvantaged students. Bezos’ philanthropic efforts in research have enabled breakthroughs in space exploration, medical research, and global development.
Bernard Arnault’s philanthropic endeavors have been centered on supporting the arts, education, and conservation efforts. His commitment to the arts has led to the establishment of the Fondation Louis Vuitton, which showcases innovative and modern art. Arnault’s philanthropic efforts in education have enabled the development of programs that support students with special needs.
Bill Gates’ philanthropic efforts have been centered on improving global health, reducing poverty, and promoting education. His commitment to global health has led to the development of vaccinations, treatments, and diagnostic tools for diseases that disproportionately affect the world’s poor. Gates’ philanthropic efforts in education have enabled the development of innovative programs that make quality education accessible to all.
Warren Buffett’s philanthropic efforts have been centered on promoting business acumen, education, and social welfare. His commitment to education has led to the establishment of the Buffett Foundation, which works to improve educational outcomes for disadvantaged students. Buffett’s philanthropic efforts in social welfare have enabled the development of programs that support mental health, education, and community development.
These individuals have exemplified the true meaning of leadership and philanthropic commitment, leaving a lasting impact on the world. Their dedication to making a difference has inspired a new generation of philanthropists, ensuring the continued growth and success of their initiatives.
[Image description: A mosaic of images representing the philanthropic efforts of each individual, with vibrant colors and diverse backgrounds, emphasizing the impact and variety of their charitable endeavors. The images are juxtaposed against a neutral background, creating a visually striking representation of their collective philanthropic efforts.]
Education and Career Paths of the Highest Net Worth Individuals 2025
In the pursuit of wealth and influence, the highest net worth individuals have consistently demonstrated a strong emphasis on education and strategic career choices. A closer examination of the educational backgrounds and career paths of the top 100 highest net worth individuals in 2025 reveals a remarkable pattern.
Top Industries Among the Highest Net Worth Individuals
The careers of the top 100 highest net worth individuals in 2025 are dispersed across various industries, with the following categories dominating the list:
- Technology: Individuals with a background in computer science, engineering, and mathematics (CSM) have found significant success in the tech industry. Companies like Microsoft, Google, and Facebook have produced some of the world’s most influential entrepreneurs.
- Finance: Careers in finance, law, and economics have also yielded numerous success stories. Many of the highest net worth individuals have made their fortunes in investing, private equity, and hedge funds.
- Entrepreneurship: The willingness to take calculated risks and disrupt traditional industries has led to unprecedented wealth creation for many entrepreneurs. Examples include the founders of companies like Amazon, Uber, and SpaceX.
- Real Estate and Luxury Goods: The world of high-end real estate, luxury goods, and exclusive services has also produced a notable portion of the highest net worth individuals in 2025.
Most Common Educational Backgrounds
Many of the highest net worth individuals in 2025 have a background in top-tier universities and colleges. The most common educational backgrounds include:
- Ivy League Schools: Universities like Harvard, Yale, Princeton, and the University of Pennsylvania have consistently produced a disproportionate number of high net worth individuals.
- Private Universities: Other private universities such as Stanford, MIT, and the University of Chicago have also contributed significantly to the pool of high net worth individuals.
- Top International Universites: Institutions like Oxford, Cambridge, and University of Melbourne have also produced high-achievers.
Blockquote: “Education is the key to unlocking one’s full potential.” – Unknown
The educational backgrounds and career paths of the highest net worth individuals in 2025 serve as a powerful reminder that a combination of hard work, dedication, and strategic decision-making can lead to significant financial success.
“The most successful people in the world have a deep understanding of their field, a strong work ethic, and a willingness to take calculated risks.”
In the pursuit of wealth and influence, individuals often must navigate multiple career paths and industries before reaching their goals. The stories of the highest net worth individuals in 2025 offer valuable insights and lessons for those seeking to follow in their footsteps.
The Future of Wealth Creation

As the world grapples with the repercussions of the pandemic, economic shifts, and rising inequality, the landscape of wealth creation is poised for a seismic change. 2025 promises to be a pivotal year, with emerging trends, technological advancements, and evolving investor strategies poised to reshape the world of high-net-worth individuals. The future of wealth creation will be defined by sustainability, technological innovation, and geopolitical shifts.
Tech-Driven Investing
The proliferation of fintech, blockchain, and artificial intelligence will continue to transform the way high-net-worth individuals manage their wealth. Investment options will become increasingly diversified, with assets like cryptocurrency, renewable energy, and impact investing gaining traction.
- The rise of fintech platforms will make investing more accessible, transparent, and cost-effective.
- Blockchain technology will enhance security, efficiency, and scalability in the financial sector.
- Artificial intelligence will enable more informed investment decisions through data analysis and risk assessment.
In this context, tech-savvy investors will increasingly leverage digital tools to navigate the complexities of global markets and create bespoke investment strategies that align with their values and goals.
Sustainable Investing
Environmental, social, and governance (ESG) considerations will become an integral part of investment decision-making. 2025 will see a surge in sustainability-focused investing, as high-net-worth individuals increasingly prioritize long-term returns alongside environmental and social responsibility.
| ESG Factor | Impact on Investing |
|---|---|
| Climate Change | Increased focus on renewable energy, green infrastructure, and carbon offsetting. |
| Social Justice | Investments in education, healthcare, and workforce development, as well as socially responsible companies. |
| Corporate Governance | Emphasis on transparency, accountability, and board-level diversity. |
By integrating ESG considerations into their investment strategies, high-net-worth individuals will not only contribute to positive environmental and social outcomes but also enhance long-term returns.
Geopolitical Shifts
The evolving global landscape will create new investment opportunities and challenges. 2025 promises to be a pivotal year for economic partnerships, free trade agreements, and international cooperation.
Southeast Asia is expected to become a major growth driver, with countries like Singapore and Indonesia positioning themselves as hubs for sustainable investing and innovative finance.
Key regions to watch include Southeast Asia, Africa, and Latin America, where governments are actively courting foreign investment and promoting economic diversification. High-net-worth individuals will need to remain agile and adapt to shifting economic landscapes, leveraging global networks and expert advice to navigate the complexities of international investing.
Impact of 2025 Trends on Policymakers and Business Leaders
The trends Artikeld above will necessitate a shift in governance and business leadership strategies. Policymakers will need to create regulatory frameworks that support sustainable investing, while business leaders will have to prioritize ESG considerations and adopt tech-driven strategies to remain competitive.
Achieving a balance between economic growth and environmental sustainability will require policymakers to prioritize long-term thinking and collaborative decision-making.
Key takeaways for policymakers and business leaders include:
- Create supportive regulatory environments for sustainable investing.
- Emphasize ESG considerations in investment decision-making.
- Invest in emerging technologies to drive innovation and competitiveness.
By staying ahead of the curve, policymakers and business leaders can capitalize on the opportunities arising from the future of wealth creation and contribute to a more equitable, sustainable, and prosperous world.
FAQ Summary
What percentage of the world’s population owns the majority of its wealth?
According to the global wealth report, a mere 1% of the population accounts for approximately 40% of the world’s wealth.
How do the top 10 richest individuals in 2025 make their fortunes?
The top 10 richest individuals in 2025 have made their fortunes by diversifying their portfolios across various industries such as technology, finance, real estate, and manufacturing, leveraging strategic investments, mergers, and acquisitions.
Can anyone become a billionaire in 2025?
While anyone can attempt to become a billionaire, achieving this status in 2025 will require an extraordinary combination of business acumen, innovative thinking, and a willingness to take calculated risks. It’s a challenging, yet not impossible feat.
What role does philanthropy play in the lives of the highest net worth individuals in 2025?
Philanthropy plays a vital role in the lives of the highest net worth individuals in 2025, not only as a means of giving back to society but also as a way to create lasting social and economic impacts that reflect their personal legacies.