US super-rich agree to give 50 per cent of their cash to charity
Thursday 05 August 2010
More than 30 US billionaires pledged yesterday to give away at least 50 per cent of their wealth to charity as part of a campaign by Warren Buffett, the investor, and Bill Gates, the founder of Microsoft.
Among billionaires joining the campaign are New York Mayor Michael Bloomberg, entertainment executive Barry Diller, Oracle co-founder Larry Ellison, energy tycoon T Boone Pickens, media mogul Ted Turner, David Rockefeller and investor Ronald Perelman, according to The Giving Pledge campaign.
The Giving Pledge was started in June by Gates, whose $53bn (£33bn) fortune places him second on the Forbes magazine list of the world's richest people, and Buffett, who ranks third. They wanted to persuade hundreds of US billionaires to give away most of their fortune during their lifetime or after their death and to publicly state their intention. "We've really just started but we've had a terrific response," Buffett said. "The Giving Pledge is about asking wealthy families to have important conversations about their wealth and how it will be used.
"We're delighted that so many people are doing just that – and that so many have decided to commit to sums far greater than the 50 per cent minimum level," he said.
- 1 Ashya King missing: Police hunt five-year-old boy with brain tumour snatched from Southampton hospital by his parents
- 2 Notting Hill Carnival: Woman shares selfie after being ‘punched in face for telling man to stop groping her’
- 3 Daily Show's Jon Stewart destroys Fox News for its Ferguson coverage
- 4 Botched ice bucket challenge leaves man critically injured after plane drops hundreds of gallons of water
- 5 Friends reunion: Jennifer Aniston, Lisa Kudrow and Courteney Cox perform mini sketch on Jimmy Kimmel Live
Ashya King missing: Police hunt five-year-old boy with brain tumour snatched from Southampton hospital by his parents
YouTube video posted by Isis militants shows 'execution of 250 Syrian soldiers'
Daily Show's Jon Stewart destroys Fox News for its Ferguson coverage
Californian drought is so severe it's 'causing the ground to move'
Botched ice bucket challenge leaves man critically injured after plane drops hundreds of gallons of water
Exclusive: We share blame for creating 'jihad generation', says Muslim strategist
Robin Williams Emmys tribute led by Billy Crystal criticised for including 'racist' joke about Muslim woman
The Rotherham child abuse scandal is a tale of apologists, misogyny and double standards
Scottish independence TV debate: Pumped-up Alex Salmond bounces back in bruising second round against Alistair Darling
Do you realise just how foolish the UK looks?
Ukip Douglas Carswell defection: Tory MP jumps ship to join Nigel Farage
- < Previous
- Next >
£32000 - £40000 per annum + bonus: Ashdown Group: HR Manager (Generalist) -Old...
£45000 - £50000 per annum: Ashdown Group: Talent / Learning & Development Mana...
Up to £40,000: Ashdown Group: Standalone HR Manager role for an SME business b...
£350 - £400 per day: Orgtel: HR Analyst - Banking - Bristol - £350 - £400 per ...