There are several extremely rich people, who do not do charity is their thinking of future, family needs or financial concerns. Sometimes they also think that their charity and donation will be minimized or would not be wisely used. Rich people also fear that giving charity will raise the requests from several organizations.
Some richest people also think that let the today’s assets may increase in coming years and then they will do charity generously. But generally, it depends upon their thinking and mindset also. They do not consider and care of others living in bad condition. They do not understand the needs of poor people.
In this context, it is also worth mentioning that several studies reveal that people who earn less money are more generous and more likely to donate to charity. So it is only the mindset which encourages the people for doing charity.
There are also several extremely rich people who were corrupted and greedy persons and do not believe in charity. These persons are interested in making money and not interested in donating money to poor people. Some people belong to industrialist, Bollywood, and politics also do charity for their popularity, name and to be in the front news or newspaper.
This may not be always true that extremely rich people do not do charity. See the example extremely richest, Bill Gates, Warren Buffet, Mark Zuckerberg who have the pledge to donate much more in charity even 90 percent of their wealth. There are many other such richest persons who have done charity. In India Salman Khan who is a popular actor in our country also do charity silently and donate money generous agencies for charity.