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Hedgetalk
by Alex Akesson on July 3, 2007

The charity connected to the fund, the Children's Investment Fund Foundation, works to alleviate child poverty in the developing world.
The £230 million donation is believed to be the largest charitable donation made by a Briton in a single year, although it is dwarfed by the philanthropy of American billionaires such as Warren Buffet, who last year pledged $31 billion to the Bill & Melinda Gates Foundation.
Other notable British philanthropists include the Scottish entrepreneur Sir Tom Hunter, who donated £100 million to charity three years ago and David and Heather Stevens, the founders of the insurance company Admiral, who this year donated £100 million.
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