Thorp and Sailor's Grave Board

40 U.S. Billiones pledge half of wealth to charity

barc0debaby - 8-5-2010 at 12:22 PM

http://www.msnbc.msn.com/id/38556042/ns/us_news-giving/

The 40 names that have pledged to date have a combined net worth surpassing $230 billion, according to Forbes. Several of them have said they plan to give away much more than 50 percent of their wealth. Buffett has promised to donate more than 99 percent of his wealth.

JawnDiablo - 8-5-2010 at 01:42 PM

giving's good right?

BDx13 - 8-6-2010 at 11:27 AM

yeah, to participate in the giving pledge, they had to commit to giving away a minimum of 50% of their fortune. a lot of these people already give away hundreds of millions of dollars, they just do it quietly. i think it was larry ellison that said the only reason he agreed to include his name was because warren buffet asked him to so as to help inspire others.

lifeisabitch - 8-6-2010 at 11:38 AM

my biggest problem with giving funds away like this is most of it will go to "non-profits" who's boards of directors end up pocketing more money than they give to charity...

you want to do good for the people, use that money to start small businesses in America, move your production plants back to the U.S. and hire people at a fair and decent wage.

spyderdog - 8-6-2010 at 06:36 PM

fuck em

im sure a bunch of those fuckers are wall street types anyway

what? do they want a cookie for giving us OUR money back??