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:
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

Prosecutors Consider Charges After Homeowner Kills Burglar

Friday, 25 Jul 2014 18:55 PM

Prosecutors deciding whether to charge a California man who says he fatally shot a violent burglar in the back in an all . . .

Florida Judge Overturns State's Gay Marriage Ban

Friday, 25 Jul 2014 18:52 PM

A Florida judge has overturned the state's ban on same-sex marriage in a ruling that applies to Miami-Dade County, agree . . .

GOP Rep. Fleming: Obama Impeachment Talk 'Pure Politics'

Friday, 25 Jul 2014 18:08 PM

Any discussion of Republicans working to impeach President Barack Obama over any executive action he might take on immig . . .

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