Billionaire Givers

Texas billionaires figure prominently on Forbes list of most generous Americans

Texas billionaires show well on list of most generous Americans

Alice Walton of Wal-Mart
Fort Worth's Alice Walton is heiress to the Wal-Mart fortune. Photo courtesy of Wal-Mart
John and Laura Arnold billionaires Houston
Houston's John and Laura Arnold took No. 12, with $204.4 million in donations. Johan and Laura Arnold Foundation/NPR.org
020, Rice University Centennial gala, October 2012, Bob McNair, Janice McNair
Bob and Janice McNair landed at No. 29, with $50.3 million in giving. Bob McNair , Janice McNair Photo by © Michelle Watson/CultureMapSNAP.com
Austin Photo Set: News_kvue_dell grants to UT medical school_jan 2013_1
Michael and Susan Dell represented Austin billionaires well at No. 18 on the Forbes list, with $100 million in giving. Photo courtesy of UT Austin
Alice Walton of Wal-Mart
John and Laura Arnold billionaires Houston
020, Rice University Centennial gala, October 2012, Bob McNair, Janice McNair
Austin Photo Set: News_kvue_dell grants to UT medical school_jan 2013_1

A slew of Texas business leaders and philanthropists made it onto Forbes' newly released list of America's 50 Top Givers, further solidifying our state as one of the most philanthropic in the nation. 

Fort Worth's Alice Walton and the rest of the Wal-Mart heirs came in at No. 5, with $432 million in charitable giving for 2012. That brings the Walton family lifetime total to a whopping $4.6 billion in donations. The Walton's favorite charities are education foundations, to which they donated $160 million last year.

Houston made a strong showing on the list, with a handful of exceptionally charitable residents, including John and Laura Arnold (No. 12 with $204 million donated) and Texans owner Robert McNair and his wife, Janice (No. 29 with $50.3 million donated).

Michael and Susan Dell represented Austin billionaires well at No. 18. The couple chipped in $100 million in 2012, most of which went to establish a new medical school at the University of Texas.

Topping this year's Forbes list are Bill and Melinda Gates, who donated a staggering $1.9 billion through their respected Gates Foundation. Warren Buffet follows closely behind with $1.87 billion in 2012 donations, while George Soros, Mark Zuckerberg and the Waltons round out the top five.