Forbesand investment company Nuveen are teaming up for a second year in a row to add a new list to the annual “Forbes 400,” a ranking of the 400 wealthiest Americans, which
is out today.
Forbes and Nuveen unveiled “Impact 50,” highlighting the 50 most notable impact investors whose actions are “producing positive societal or environmental
change.”
People on the list include Bill and Melinda Gates, Alice and Jim Walton, Dagmar Dolby, Mark Cuban and Serena Williams, among others.
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Last year,Forbes and Nuveen worked together to score America’s richest people on how much they have given to philanthropy in their lifetime. Each billionaire on the "Forbes 400" was given a
philanthropy score, measuring their total lifetime giving.
This score is also part of the 2019 "Forbes 400."
"Taken together,
we’re spotlighting how investors can match profit with purpose and leverage their wealth for good," Marty Willis, Chief Marketing Officer at Nuveen, told
Publishers Daily.“This year, we wanted to take the conversation further and highlight 50 people whose actions are producing measurable results,” added Mike Federle, CEO
of
Forbes.
As of April, there were more than 1,340 organizations managing $502 billion in impact investing assets worldwide — more than double last year’s total,
according to the Global Impact Investing Network.
“From our inception as a media company, we’ve always believed the pursuit of free enterprise should
produce results that benefit society,” Federle said.
"We believe that we have a responsibility to use our powerful platforms with a strong partner like Nuveen to spark discussions that
ensure more people have an equal opportunity for success,” he added.
To compile the list, Forbes reporters researched U.S. billionaires, as well as Forbes’ lists
of the highest-paid athletes, highest-earning celebrities and most successful self-made women.
To qualify, impact investors had to have been at it for a year
or more, either with deployed capital or personal investments, and be respected in the field.
The list was vetted by a panel that included
Forbes editors and two impact
investing experts, according to the company.