Thursday
May 31
2018

These 14 billionaires just promised to give away more than half of their money like Bill Gates and Warren Buffett

By Catherine Clifford

Fourteen billionaires announced they have signed the Giving Pledge, formally joining the 154 other billionaires who have promised to give away at least half of their vast wealth to philanthropic causes.

Started in 2010 by Bill and Melinda Gatesworth $88.5 billion, and Warren Buffettworth $74.2 billion, the Giving Pledge is a commitment by wealthy individuals and families to give away more than half of their wealth to causes including including poverty alleviation, refugee aid, disaster relief, global health, education, women and girls’ empowerment, medical research, arts and culture, criminal justice reform and environmental sustainability.

Signatories of the Giving Pledge must be billionaires, if not for the money they are giving away. The goal of making a public pledge is to encourage others to consider philanthropy, too, even if they aren’t billionaires.

Photo courtesy of Mandy.

Source: CNBC (link opens in a new window)

Categories
Entrepreneurship
Tags
Bill Gates, donors, global development, philanthropy, social impact, Warren Buffett, wealth management