Charities of choice: Shawn Carter Foundation, United Way of New York City 

Since the Shawn Carter Foundation was established in 2003, it has reportedly donated a total of $1.3 million to various causes. Most recently, Jay played a benefit concert at Carnegie hall for charity, from which the proceeds went to the United Way of New York City and Shawn Carter Scholarship Foundation. Hov also flew four kids out to study abroad. While you may expect someone worth around $500 million to give a bit more, don't forget Jay's infamous quotable: "my presence is charity."