Big Givers: Body Shop Founder Gave It All Away
Dame Anita Roddick, the founder of The Body Shop who died in 2007, makes our Big Givers list posthumously. The Telegraph reports on the details of her estate which were recently revealed. Roddick donated her entire £51 million fortune to philanthopic causes before her death from a brain hemorrhage in September 2007. She had once referred to leaving money to your family after death as obscene and wanted her money to go toward green issues and work in developing countries. She left behind £665,747 which all went to inheritance tax because per the rules in the U.K. individuals have to pay this tax if they do not survive for seven years after making monetary gifts. She had founded The Body Shop in 1976 and sold to L'Oreal in 2006 for £625 million.