Buffett, 12 Families Pledge Wealth to Charity

Thursday, 19 Apr 2012 02:02 PM

 

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

Twelve families promised to donate most of their wealth to philanthropy, joining the Giving Pledge initiative started by Warren Buffett and Bill and Melinda Gates.

The families include hedge-fund manager Bill Ackman and his wife Karen, Tesla Motors Inc.’s billionaire owner Elon Musk and film producer Steve Bing, according to an emailed statement from the initiative.

Arthur M. Blank, Edgar M. Bronfman, Glenn and Eva Dubin, Red and Charline McCombs, Michael Moritz and Harriet Heyman, John and Ginger Sall, Henry and Susan Samueli, John A. and Susan Sobrato, John Michael Sobrato, and Ted and Vada Stanley also signed the pledge.

“They come from different backgrounds, but share a common desire to see positive change in our world,” Buffett said in the statement. “We’ve said from the beginning that this is a long-term effort, but I’m particularly pleased to see continued momentum in encouraging greater and more thoughtful philanthropy.”

 

© Copyright 2014 Bloomberg News. 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

Man Who Ambushed Cops Had Anti-Government Beliefs

Sunday, 23 Nov 2014 18:36 PM

A Florida man who set his house on fire and ambushed responding police officers held anti-government, anti-establishmen . . .

Admiral Denies Role in Counterfeiting Casino Chips

Sunday, 23 Nov 2014 16:58 PM

An admiral linked by Navy investigators to counterfeit casino chips denied Sunday that he played any role in making them . . .

Nancy Teeters, First Woman on Federal Reserve Board, Dies at 84

Sunday, 23 Nov 2014 15:51 PM

Nancy Teeters, who in 1978 became the first woman on the Federal Reserve Board of Governors, then continued to stand out . . .

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