The Giving Pledge

The Giving Pledge is a campaign to encourage extremely wealthy people to contribute a majority of their wealth to philanthropic causes. As of June 2022, the pledge has 236 signatories from 28 countries.[1] Most of the signatories of the pledge are billionaires, and as of 2016, their pledges are estimated to total US$600 billion.[2]

The Giving Pledge
The Giving Pledge Logo.svg
Formation2010
TypeCharitable organization
Membership
236
Founders
Bill Gates
Warren Buffett
Websitegivingpledge.org

DescriptionEdit

The organization's stated goal is to inspire the wealthy people of the world to give at least half of their net worth to philanthropy, either during their lifetime or upon their death. The pledge is a public gesture of an intention to give, not a legal contract.[3] On The Giving Pledge's website, each individual or couple writes a letter explaining why they chose to give.[4]

HistoryEdit

In June 2010, the Giving Pledge campaign was formally announced and Bill Gates and Warren Buffett began recruiting members.[5] As of August 2010, the aggregate wealth of the first 40 pledgers was $125 billion.[6] As of April 2011, 69 billionaires had joined the campaign and given a pledge,[7] and by the following year, The Huffington Post reported that a total of 81 billionaires had pledged.[8] By May 2017, 158 individuals and/or couples were listed as pledgers.[4][9] Not all pledgers are billionaires.

List of pledgersEdit

Name Net worth in billion US$ Source of wealth Industry Year of Pledge
Elon Musk 273 Tesla, SpaceX Cleantech, Rocketry 2012
Warren Buffett 125 Berkshire Hathaway Finance & Investments 2010
Vladimir Potanin 27.1 interros Investment 2013
Mark Zuckerberg 74.5 Meta Platforms Tech 2010
Charles Zegar 2.6 Bloomberg L.P Tech 2010
Shelby White 0.6 Leon Levy, Odyssey Partners Finance & Investments 2010
Sanford and Joan Weill 1 Shearson Loeb Rhoades Finance & Investments 2010
Ted Turner 2.2 Cable News Network Media 2010
Jim and Virginia Stowers 2[10] Twentieth Century Mutual Funds Finance & Investments 2010
Tom Steyer 1.6 Farallon Capital Finance & Investments 2010
Patrick Soon-Shiong 11.5 Abraxane, investments Healthcare 2010
Jeffrey Skoll 6.1 eBay Tech 2010
Jim Simons 25.2 Renaissance Technologies Finance & Investments 2010
Thomas Secunda 3.6[11] Bloomberg L.P Tech 2010
Walter Scott Jr 4.2 Berkshire Hathaway Finance & Investments 2010
Vicki Sant 1.7 AES Corporation, inheritance Energy 2010
Denny Sanford 2.2 First PREMIER Bank Finance & Investments 2010
Herbert and Marion Sandler 2.4 Golden West Financial Corporation Finance & Investments 2010
David M. Rubenstein 4.3 The Carlyle Group Finance & Investments 2010
David Rockefeller 3.3 Standard Oil, inheritance Energy 2010
MacKenzie Scott and Dan Jewett 55 Amazon Tech 2019
Julian H. Robertson Jr 4.1 Tiger Management Finance & Investments 2010
T. Boone Pickens 0.5 Mesa Petroleum, BP Capital Management Energy, Finance & Investments 2010
Peter G. Peterson 2.8 Blackstone Group Finance & Investments 2010
Ronald O. Perelman 4.3 MacAndrews & Forbes Finance & Investments 2010
Bernard and Barbro Osher 1.1[12] Golden West Financial Corporation Finance & Investments 2010
Pierre and Pam Omidyar 21.8 eBay Tech 2010
Dustin Moskovitz 24.04 Facebook Tech 2010
John Morgridge 1 Cisco Systems Tech 2010
Thomas S. Monaghan 1 Domino's Pizza Food & Beverage 2010
George P. Mitchell 1.6 Mitchell Energy & Development Corp Energy 2010
Duncan MacMillan 1.1 Bloomberg L.P Tech 2010
George Lucas 8.59 Lucasfilm Media 2010
Lorry I. Lokey 1 Business Wire Media 2010
Gerry Lenfest 2.4 Lenfest Communications Media 2010
Ken Langone 3.3 The Home Depot Retail 2010
Sidney Kimmel 1.4 Jones Apparel Group Fashion & Cosmetics 2010
George B. Kaiser 7.6 Kaiser-Francis Oil Company Energy 2010
Irwin Jacobs 1.2 Qualcomm Tech 2010
Carl Icahn 22 Icahn Enterprises Finance & Investments 2010
Jon Huntsman Sr 1.5 Huntsman Corporation Manufacturing 2010
Barron Hilton 4.5 Hilton Hotels Services 2010
Lyda Hill 1 Hunt Oil Company, inheritance Energy 2010
David Green 4.5 Hobby Lobby Retail 2010
Bill Gates 138 Microsoft Tech 2010
Melinda Gates 11.4 Microsoft Tech 2010
Ted Forstmann 1.6 Forstmann Little & Company Finance & Investments 2010
Larry Ellison 66.8 Oracle Tech 2010
John Doerr 12.7 Kleiner Perkins Finance & Investments 2010
Henry Samueli 6.7 Broadcom Corporation Tech 2011
Bill Ackman 2.8 Pershing Square Capital Management Finance & Investments 2012
Azim Premji 32.8 Wipro Tech 2013
Brian Armstrong 2.6 Coinbase Cryptocurrency 2018
Jeff T. Green 4.4 AdECN Tech 2021
Anil Agrawal 4 Vedanta Resources Mining 2021
Sam Bankman-Fried 20.2 FTX Cryptocurrency 2022
Mark Pincus 1.4 Zynga Tech 2022

See alsoEdit

ReferencesEdit

  1. ^ "FAQ: How many people have joined the Giving Pledge, and where are they from?". The Giving Pledge. Retrieved 13 June 2022.
  2. ^ "Global Billionaire Population: The Billionaire Census 2018". Wealth-X. Retrieved 16 December 2020.
  3. ^ "Forty U.S. billionaires pledge to give half their money to charity". Xinhua News Agency. 4 August 2010. Archived from the original on 11 August 2010. Retrieved 5 August 2010. A statement from the Giving Pledge website said "the pledge is a moral commitment to give, not a legal contract."
  4. ^ a b The Giving Pledge :: Pledger Profiles Retrieved 16 May 2017
  5. ^ Carol Loomis (16 June 2010). "The $600 billion challenge". Fortune. Retrieved 20 October 2016.
  6. ^ Blackburn, Bradley (4 August 2010). "The Giving Pledge: Billionaires Promise to Donate at Least Half Their Fortunes to Charity". ABC News. Retrieved 5 August 2010.
  7. ^ 10 More U.S. Families Commit to the Giving Pledge [1], retrieved 25 October 2011
  8. ^ "Warren Buffett, Bill Gates Giving Pledge Gets 12 More Billionaires To Commit Over Half Of Their Fortunes", Huffington Post, April 20, 2012
  9. ^ Lorenzetti, Laura (1 June 2016). "17 More Billionaires Join Buffett and Gates' Giving Pledge This Year". Fortune. Retrieved 20 October 2016.
  10. ^ "James Stowers, U.S." Forbes. Retrieved 2021-12-29.
  11. ^ "Thomas Secunda". Forbes. Retrieved 2021-12-29.
  12. ^ "Forbes.com: Forbes World's Richest People 2005". www.forbes.com. Retrieved 2021-12-29.

External linksEdit