How to Ask a Billionaire or Millionaire for Money

Updated on February 2, 2020
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Brian lives with his wife, Valerie, in the beautiful coastal town of Troon. He writes to educate, entertain, inform and amuse.

Explore some advice for seeking donations or capital from millionaires, billionaires and other wealthy individuals.
Explore some advice for seeking donations or capital from millionaires, billionaires and other wealthy individuals. | Source

How to Write an Impressive Letter Asking a Rich Person for Money

Many billionaires, millionaires and philanthropists give away money to deserving causes and individuals each day. They have their own causes and charities that are close to their hearts, but sometimes they will also choose to help others who have genuine need, a great business idea or the kind of enthusiasm that got them started on the path to riches.

Never Beg

They do not, and never will, entertain a begging letter or e-mail. They got their money through hard work and will expect anyone requesting money to show that they are willing to make that extra effort to benefit communities or other individuals—and not just line their own pockets.

Where to Find Billionaires and Millionaires

The most obvious place is the Forbes list of the world’s richest people. Another place to look is The Economist. Don’t forget to seek out the contact details of millionaire celebrities as some of them also like to help out good causes and individuals with donations.

How to Collect Contact Information

Once you have identified as many people as possible, write down their full names, the company they work for and their contact details. It is unlikely you will find a direct contact address for any rich person; instead, it will be through their public relations or customer service representatives. (If for any reason you already have a direct contact address for a billionaire or millionaire, it is rather unlikely you need the advice in this article.)

You will have to address any correspondence for the attention of (FAO or ATTN) the person's name and then care of (c/o) the address of the company (or, in some cases, the individual).

For example:

FAO Jane Doe
c/o Jane Doe's Company

Think about how much you need to complete your project or venture. Consider asking numerous donors for a small amount of money instead of asking one donor for one large sum.
Think about how much you need to complete your project or venture. Consider asking numerous donors for a small amount of money instead of asking one donor for one large sum. | Source

How Much to Ask For

How much do you need to do what you want to do or achieve your goal? Remember to be honest at all times. To pretend to need money for something—like an operation or a car to get your disabled mother around town—is deceit and fraud and may be dealt with as such if it got to the stage where an individual agreed to give you money. You could even end up in jail.

Requesting Small Sums From Many Donors

You could also send requests to many different people, asking each one to donate or give you a small sum, such as $100 or £100. If you choose this route, then mention it in your correspondence with details about the total figure you are trying to raise. You may be lucky: If one person sees the benefit of your idea, they may offer to fund you the whole amount you need.

How to Word Your Request

Think carefully about what you would like to say and what someone reading your request would think of you. You need to get across the importance of your request in a few short paragraphs. You also need to keep the reader's interest, so when you have completed your final draft, have some of your friends or family read it and provide constructive feedback. If they say it is rubbish, don’t go in a huff; take it on the chin and start again.

Tips for Writing the Letter

  • I am repeating my earlier warning: Do not lie in your request.
  • Be honest and straight to the point. Do not go on and on in the initial contact request. Mention that, if someone is interested, they can contact you for further details.
  • If possible, make the request light-hearted or funny.
  • Add some photographs or attach documents, especially if they emphasis your request.
  • Always be professional, open, sincere, honest and polite.
  • Thank them for their time spent reading your letter or e-mail, and say something along these lines: "Even if you cannot help me this time, I appreciate and understand that you must get many such requests."
  • Make your request in the first person and word it like a story, mentioning your accomplishments and successes or failures and losses. Depending on what you need money for, you can even make it profound and touching.
  • Avoid statements such as “Please send me some money” and “I need money really urgently” and “You are my last hope for money."
  • In concise terms, you want to explain your situation, state why you need money, explain what you will do with any monies received and describe how that person can contact you.
  • Finally, e-mails can be intercepted, so think carefully about the information you do provide in any correspondence.

Since the person reading your request is unlikely to be the person with the money, your aim is to connect with that person so that they will feel the need to show your letter to someone else higher up the chain of command—or even the billionaire or millionaire themselves.

Craft Your Request Carefully to Make a Good Impression

Definitely avoid sending outright begging letters. No one will read past any statement such as, "I need money for my children’s medicine”, “a nice new car”, “a wedding/funeral” or “the holiday of a lifetime."

All companies and individuals known to be wealthy get hundreds of requests for money each week, so you have to stand out. Your request has to be read by someone who sees the potential and thinks that it will strike a chord with the person who has the money. Or, they should at least think it's interesting enough to pass it to that person’s personal assistant.

Ultimately, the billionaire or millionaire who has the money must be impressed and interested enough to say to their staff, "This is great; get me more details." So, make it great, and don’t be too disappointed by the lack of positive replies or even acknowledgements. It only takes one person to see the potential.

Attention

Please don't use the Comments section to ask for money. It's absolutely pointless and rather annoying.

This article is accurate and true to the best of the author’s knowledge. Content is for informational or entertainment purposes only and does not substitute for personal counsel or professional advice in business, financial, legal, or technical matters.

Comments

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    • profile image

      Zemene Yohannes 

      3 weeks ago

      Thanks a lot for your constructive ideas, even not to waist our time and confidence by writing unacceptable nonsense letter.

    • profile image

      Lawrence N Talley 

      3 weeks ago

      May Gob Bless these people who are financially helping those like me who are going through hardtime! I just make due! I just wish we see each other as one world Earth! And clean and help all for peace!

    • profile image

      Mandy 

      7 weeks ago

      This article was indeed very helpful and much needed on my side ,thank you .

    • profile image

      dodge clapper 

      2 months ago

      your arrogant attention banner is likely the response you expected when using your guidelines.

    • profile image

      Mervyn Nicholas 

      3 months ago

      That is great news. Very usuful details I have been collected through this article. Thanks indeed

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      3 months ago from Troon

      You are welcome Nancy

    • profile image

      Nancy 

      3 months ago

      Iam so grateful that now I know am knowledgeable enough that you have given me a roadmap to realizing my goals

      I see am almost there

      Thanks

    • profile image

      Dee Timmons 

      4 months ago

      I am curious... has anyone actually tried writing a letter to a billionaire or millionaire? What were the results of your request? Why did you need the money? I am genuinely curious if something like this actually works for the lower end of the middle class folks...?

    • profile image

      Zinabie 

      4 months ago

      Many thanks for your well summarized article. I found it when I searched to get information during my though time to run community support project.

    • profile image

      Clodia 

      6 months ago

      Thanks for your advice it is really helpful. May God Richly Bless you

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      7 months ago from Troon

      Thanks MegNoBeg. May you find what you are looking for without anymore fatalities!!!

    • profile image

      MegNoBeg 

      7 months ago

      Great article. Googled how to get money from philanthropists while trying to figure out how to rob Peter to pay Paul when I realized I killed Peter and begun to sob. If nothing else YOUR comments here got me to laugh. Not bored anymore, lol. Life goes on!

    • profile image

      Angeline 

      7 months ago

      Thanks for comments

    • profile image

      Ongom Rufino 

      8 months ago

      god work done

    • profile image

      Jennifer S. 

      8 months ago

      Wow thank you for this information!

    • profile image

      Veronica White 

      8 months ago

      I didn't know such things existed. Glad to have read this article. Thank you for posting it.

    • profile image

      Marcin 

      9 months ago

      Any advice Ana?

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      9 months ago from Troon

      You are welcome Anna

    • profile image

      Anna Saal 

      9 months ago

      Thanks for your advice very helpfull know i know more or less what to do God bless

    • profile image

      Lisa 

      9 months ago

      I thank you for this article. God bless you.

    • profile image

      Solomon Emi Achim 

      10 months ago

      Thank you for the outlining this. Im in the christian ministry and would also be requesting for financial assistance.

    • profile image

      Jeremy 

      13 months ago

      Thank you so much for your advice. I have many ideas that I would like to see come to fruition that I may help give back to the community.

    • profile image

      Zuzeka Martha Zama 

      13 months ago

      Thank you Brian for enlightening us. I almost fell in that trap of begging. Mine is a community skills development project for youth in the rural areas of South Africa. Life is tough here, our youth resort to alcohol and drug abuse because of unemployment. I trust that this will help us a great deal.

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      14 months ago from Troon

      Looking forward to your success

    • profile image

      Michelle 

      14 months ago

      Thanks for giving me the beginning road map to start my quest to success! Brian, I'll let you know when I succeed!

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      14 months ago from Troon

      You are most welcome Lisa.

    • profile image

      Lisa 

      14 months ago

      Thank you for this article.

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      17 months ago from Troon

      STOP WITH THE BEGGING... IDIOTS... YAWN... BORED NOW... OH LOOK THE DELETE BUTTON... GET IT !!!

    • profile image

      Habin hakhun 

      17 months ago

      Thank you

    • profile image

      Brian McGinnis 

      19 months ago

      Having read through these diatribes I have to say that I agree with the other Brian that Deana08753 is the most articulate here!

      I am in dire need myself of money myself but just to get back home to NYC for good. I am better off than some, worse off than others. I just need to get out of this hell that is Portland Oregon. Not going to beg and certainly will not make stuff up. Don't want to waste anyone's time with nonsensical balderdash (good old English word, that)

      My situation can only be blamed on me and if someone wants to help, Fantastic!. Otherwise, well I keep plugging on.

      To those would invent tragedy for some dosh. Shame On You!

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      20 months ago from Troon

      Going to do a new wee update every now and again for the genuine and honest readers only.

      14 begging "comments" found this week and deleted.

      You should really look at the whole article before you decide to beg on the comments section of this article.

      I will find you and delete you. I don't know how long it takes YOU (yes you) to write all this guff but it takes me less than one second to click on "delete forever".

      Bored and Yawning now........................

    • profile image

      Terry P. 

      23 months ago

      Why are some people born with silver spoons in their mouths and people like me born with plastic spoons. I sometimes wishes I wasn't

      born. But that is my depression coming out. I choose to see what happens tomorrow it has to be better than today.

    • profile image

      Rajathsavir 

      2 years ago

      Article is awesome , Your comments are good for reading not for ,people who being honest and ask for a help , also in financly ....

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      2 years ago from Troon

      Going to do a new wee update every week for the genuine and honest readers only.

      23 begging "comments" found this week and deleted.

      You should really look at the whole article before you decide to beg on the comments section of this article.

      I will find you and delete you. I don't know how long it takes YOU (yes you) to write all this guff but it takes me less than one second to click on "delete forever".

      You're boring me now.........................

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      2 years ago from Troon

      Cheers

    • profile image

      Dinesh 

      2 years ago

      Very nice and impressive...

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      2 years ago from Troon

      You are welcome Panok.

    • profile image

      Panok Uram 

      2 years ago

      Thankyou for the information.

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      2 years ago from Troon

      ## HERE WE GO AGAIN ## LISTEN ONE AND LISTEN ALL. I AM NOT A MILLIONAIRE AND NEVER WILL BE. NOR ARE THE MAJORITY OF PEOPLE WHO READ THIS ARTICLE WHO ARE GOOD, MORAL, HONEST AND DECENT. THE REST OF YOU PACK IN THE REQUESTS FOR MONEY. IT AIN'T HAPPENING AND THEY WILL BE DELETED WHEN I FIND THEM. YAWN YAWN YAWN HOW MANY TIMES DO I HAVE TO REPEAT THIS.

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      2 years ago from Troon

      Cheers... I'm glad I made your day Sabine. Now if others could just be as intelligent and articulate as you.

    • profile image

      Sabine Kramer 

      2 years ago

      Alan Burrell, your comment is great!

      And hilarious of course are the other pathetic comments in which people ask for money in spite of being warned not to do so...

      This made my day!

      Thank you!

    • profile image

      Charles 

      2 years ago

      My advice is fundme with a video asking for help. Ask for help for someone else who has suffered a tradegy and doesn’t know how to ask for themselves. The real key is actually helping them and updating with progress. I suffer tradegies myself, but I keep helping others, somehow, someway my life is okay. Believe me I want things to be better. Finally never lose hope.

    • profile image

      Russell 

      2 years ago

      Wow Great article as much as I would love to ask for money I do not, but one thing for sure I help a lot of people in need some day some one will do the same for me i hope But It never happened they say doing good will reward you in the future but I have not seen it. I feel great helping people I know it not much but I know in my heart I can make is world a better place. I hope you all enjoy life it can be short live your life like it's your last day.

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      2 years ago from Troon

      You are very welcome Andrew. Thanks

    • profile image

      Andrew.T.N. 

      2 years ago

      Thanks for the article Brian!

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      2 years ago from Troon

      LISTEN ONE AND LISTEN ALL. I AM NOT A MILLIONAIRE AND NEVER WILL BE. NOR ARE THE MAJORITY OF PEOPLE WHO READ THIS ARTICLE WHO ARE GOOD, MORAL, HONEST AND DECENT. THE REST OF YOU PACK IN THE REQUESTS FOR MONEY. IT AIN'T HAPPENING AND THEY WILL BE DELETED WHEN I FIND THEM. YAWN YAWN YAWN HOW MANY TIMES DO I HAVE TO REPEAT THIS.

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      2 years ago from Troon

      At last a sensible literate person. Thank you for your direct comments Deana08753.

      Brian

    • profile image

      Deana08753 

      2 years ago

      By the time I got halfway through the comments I was hysterical laughing. Not only because the author specifically said “do not ask for money in the comments” but because the grammar is so horrendous and the inability to follow directions was so blatant. Some people were asking for money to start businesses to employ THOUSANDS of people. If you can’t follow directions, and don’t know how to use spell/grammar check...expecting to have a business funded is probably not going to happen. I feel for everyone who is in a tough spot. It can happen to anyone at any time....but the first step in asking for help is the most important. Listen. Listening to what people have to say can sometimes give you the answers to all your problems.

      For those who told the sob stories and asked for money and cars in the comments section...please read the article again and then go to the comments section and say “Thank you”. Then write your letters and ask everyone you know to proof read it for you because you only get one shot to impress a philanthropist with your request. Once you’ve sent the “begging and poorly written letter” you’ll never get another letter in front of that person. Be smart. Use common sense. Be honest. Most of all...spell check people!!

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      2 years ago from Troon

      Sounds like a good idea. Just follow the guidelines in the article.

    • profile image

      Angelica 

      2 years ago

      Hi thanks for the article it's very helpful. I just have a question, would you recommend sending letters to random people who live in wealthy or rich communities?

    • profile image

      Natasha 

      2 years ago

      thank you for the advice, i am about to send out an email requesting help from a local celeb and this article helped a lot

    • profile image

      Macdonald chua 

      2 years ago

      Im trying to found somebody to need help my financial problem money until now no one respon im very upset about it everyting is lie talkwebsite

    • profile image

      I am Paglau Gewi from the foot of Mt William Papua New Guinea 

      2 years ago

      It is always good to ask if we are in a situation whereby assistance is required don't pretend.

      You ask you shell receive you knock the door shell be open unto you you seek you shell find and for those who are in a position to give then do it so whole heartedly with love you will be blessed .

    • profile image

      Alan Burrell 

      2 years ago

      Hello my Beautiful people, what part of "Don't ask for money in the Comments Section" don't you understand? All of your/our Karma and Blessings Flow from you/I simply following instructions. Don't mean to come off like a "suck up" but why should I send you my money if you don't follow my instructions and guidelines to get my money? Just a thought from someone who want the best for you as well as myself. Love, Peace Blessings and much success. Alan

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      2 years ago from Troon

      Thanks 6idget. If only many others were as attentive as you I wouldn't need to spend my time deleting "begging" comments.

    • profile image

      6idget 

      2 years ago

      C'mon folks... he clearly states NOT to use the comment section to ask for money,... Your words are waisted

    • profile image

      Shashwat tripathi 

      3 years ago

      Thanku so much for the advice, now I've got an idea of how to ask these rich people to help me complete my education !!

    • profile image

      Johnny Gomez 

      3 years ago

      Thank you so much for sharing with me how to go about it, it did open my mind up. Thank you once again.

    • profile image

      Sadique 

      3 years ago

      Am so much glad and happy to come across this article. It's a great help already from you to me.

      Thank you.

    • profile image

      Kedir Rufael 

      3 years ago

      I'm very excited. just you made me aware of how to write a letter. Thanks

      may God bless you. Amen.

    • profile image

      Ralph 

      3 years ago

      My name is Ralph from Nigeria. Thanks for this article, it was helpful. Wish there are couple of samples here, but I think a simple web search will help with that.

      Thanks again.

    • profile image

      Sarah 

      3 years ago

      I'm really curious what the success rate is. How many people have followed your guidelines (or any number of other articles pertaining to the same theme and goal) and succeeded in acquiring monetary gain? If there's any success stories I'd love to hear about them.

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      3 years ago from Troon

      Cheers for that Mark.

    • profile image

      Mark Taylor BML 

      3 years ago

      Brian, Great article. There are a couple of websites I found that you can get their addresses from. You just have to do a search on the internet. Thanks again for a great article. Mark

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      3 years ago from Troon

      That's another 5 requests for money deleted. If you are serious about reading this article read it through to the last two lines !!!!!

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      3 years ago from Troon

      Thanks

    • profile image

      ode 

      3 years ago

      nice one

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      3 years ago from Troon

      Glad to help Melissa.

    • profile image

      Melissa Morrison 

      3 years ago

      Your article helped me to define and think about the difference between what I want and really what I need. I hope that you have a nice day, and thanks for the advice and tools that will help my son and I to get up, stand up and succeed.

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      3 years ago from Troon

      You're very welcome.

    • profile image

      atu 

      3 years ago

      thanks so much..a big help

    • profile image

      Jose Vazq 

      3 years ago

      Wow very well said.will take alot of it into cosideration i have helped alot of people and still do but it is hard,now with no money. So now i try with work.

    • profile image

      Shu 

      3 years ago

      Very nice article. I loved it.

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      3 years ago from Troon

      Thanks Kap.

    • profile image

      Kap 

      3 years ago

      great post mehn

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      3 years ago from Troon

      Glad you found it useful Osea.

    • profile image

      osea golea 

      3 years ago

      Thank you for a wonderful advice.

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      3 years ago from Troon

      You're welcome Michael.

    • profile image

      Michael Shayne Hall Senior 

      3 years ago

      Thanks for the information about the this subject.

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      3 years ago from Troon

      Your kind words are appreciated Michelle

    • profile image

      Michelle 

      3 years ago

      Thanks for the great article!

    • profile image

      Brian 

      3 years ago

      I can not help but put myself in the billionaires shoes and think... "these people are out of their minds!" Especially the ones that clearly did not read the entire article to the point where it says "do not leave request for money in the comment section, it's annoying".... you are right.... It really annoyed me.

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      4 years ago from Troon

      Hope you are successful Lisa.

    • profile image

      Lisa Smith 

      4 years ago

      Thanks for the advise I'm trying to raise money for my daughter Krystle Lewis whom recently been accepted into St James Medical School in Anguilla

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      4 years ago from Troon

      Glad to be of some help Karyn.

    • profile image

      Karyn 

      4 years ago

      Excellent advise, I'm trying to write a letter regarding a small Australian country town that needs some help. You have given me hope. Thank you! X

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      4 years ago from Troon

      Just a necessary reminder that any comments requesting money will be deleted. So please stop wasting yours and my time.

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      5 years ago from Troon

      Nice

    • World Earth profile imageAUTHOR

      Brian OldWolf 

      5 years ago from Troon

      Thank You Conciousleader for your kind comments. Brian

    • profile image

      Conciousleader 

      5 years ago

      There's money out there for everyone, we just have to get up and out and work for it. In appreciation I wanted to thank you for this insight on seeing a good written up blog, about the correct way and not making this out to be a lucrative, or cheating way to starting a business for some of the younger ambitious mindsets out hear. When it comes down to it we all need to start with something. Great article Brian!

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