More US Billionaires Pledge to Give Away Half Wealth

Thursday, 09 Dec 2010 07:21 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

NEW YORK - Seventeen U.S. billionaires, including Facebook founder Mark Zuckerberg, have joined other wealthy Americans in pledging to give away at least half their fortunes as part of a philanthropic campaign by two of the world's richest men — Warren Buffett and Bill Gates.

A total of 57 billionaires now have joined The Giving Pledge, which was launched by Microsoft founder Gates and investor Buffett in June. The campaign announced the new pledges in a statement late Wednesday.

The campaign asks U.S. billionaires to give away at least half their wealth during their lifetime or after their death, and to publicly state their intention with a letter explaining their decision.

In addition to Zuckerberg, the new group of billionaires taking the pledge includes AOL co-founder Steve Case, financier Carl Icahn and Michael Milken, the former Wall Street executive who went to prison for securities violations.

 

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Ann Coulter: Allow Fewer Muslims into Country

Thursday, 24 Apr 2014 23:45 PM

With religious leaders protesting the use of the words "Islamist" and "jihad" in a seven-minute video at the 9/11 Memori . . .

McCain to Speak Alongside 'Friend' Hillary

Thursday, 24 Apr 2014 23:10 PM

Former Secretary of State Hillary Clinton will join Sen. John McCain at a session of the McCain Institute's annual Sedon . . .

California Moves Toward Stricter Handgun Regulations

Thursday, 24 Apr 2014 22:46 PM

Gun control advocates say thousands of weapons are sold in California each year without a required safety feature that i . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved