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
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Alveda King: Obama Proves Skin-Color Voting Doesn't Help Blacks

Tuesday, 21 Oct 2014 21:13 PM

Alveda King, niece of the Rev. Martin Luther King Jr., is at sharp odds with the Rev. Al Sharpton about which political  . . .

Gen. Dempsey Makes Video to Assuage Troops' Ebola Fears

Tuesday, 21 Oct 2014 20:01 PM

Gen. Martin Dempsey, chairman of the Joint Chiefs of Staff, posted a YouTube message Tuesday to calm the fears of troop . . .

Neil Cavuto: Ebola Czar Critics Should 'Shut Up'

Tuesday, 21 Oct 2014 19:33 PM

Fox News Channel's Neil Cavuto says Republicans who are critical of Ebola czar Ron Klain's lack of a medical background  . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

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