If there are two immensely wealthy people out there who can really get behind the Robin Hood belief system of taking from the rich and giving to the poor, it’s Bill Gates and billionaire investor Warren Buffet, who are launching a campaign to get other American billionaires to donate at least half of their wealth to charity.
The Microsoft co-founder and billionaire investor have approached a handful of the country’s billionaires over the past year to donate at least half of their wealth to charity. They are asking these people to pledge to donate either at some point during their lifetime or at the time of their death. Philanthropists Eli and Edythe Broad are two of the handful of people who have been approached; they have already announced their pledges to donate.
Former Gates Foundation CEO, Patty Stonesifer spoke to The Associated Press about the campaign, telling them that of the handful of the billionaires approached so far, they have all embraced the campaign to share the wealth and help those less-fortunate than themselves.
This is a really awesome campaign. I can’t wait to see more news break about this and see who the country’s other big givers are.
It’s nice to see this demonstration Philanthropy, such vast sums of money can do a lot of good.