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34 billionaires pledge to give away 50 percent of wealth (Gates, Buffett Lead Dontation Campaign)
MSNBC ^ | 08/04/2010

Posted on 08/04/2010 8:12:34 AM PDT by SeekAndFind

Thirty-four U.S. billionaires pledged Wednesday to give away at least 50 percent of their wealth to charity as part of a campaign by investor Warren Buffett and Microsoft founder Bill Gates.

Among the billionaires joining the campaign are New York Mayor Michael Bloomberg, entertainment executive Barry Diller, Oracle co-founder Larry Ellison, energy tycoon T. Boone Pickens, media mogul Ted Turner, David Rockefeller and investor Ronald Perelman.

Gates and Buffett launched "The Giving Pledge" in June to convince hundreds of U.S. billionaires to give away most of their fortune during their lifetime or after their death

(Excerpt) Read more at msnbc.msn.com ...


TOPICS: Business/Economy; Culture/Society; Front Page News; News/Current Events
KEYWORDS: billgates; billionaries; donation; gatesfoundation; microsoft; warrenbuffet; warrenbuffett; windows
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1 posted on 08/04/2010 8:12:39 AM PDT by SeekAndFind
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To: SeekAndFind
Very commendable, or perhaps not. I wonder exactly what charities will receive these funds.
2 posted on 08/04/2010 8:14:10 AM PDT by Joe Brower (Sheep have three speeds: "graze", "stampede" and "cower".)
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To: SeekAndFind

Awesome, sign me up for some of that. I’ll be happy with even .01%. Thank you in advance. :)


3 posted on 08/04/2010 8:14:28 AM PDT by CygnusTheSwan ("Me fail English? That's unpossible" - Ralph Wiggum)
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To: SeekAndFind
Obama is willing to take them up on that offer by reinstating the estate death tax.
4 posted on 08/04/2010 8:14:52 AM PDT by KarlInOhio (Gun control was originally to protect Klansmen from their victims. The basic reason hasn't changed.)
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To: SeekAndFind

To view the list of Billionaires, click on this link :

http://givingpledge.org/#enter


5 posted on 08/04/2010 8:14:55 AM PDT by SeekAndFind
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To: SeekAndFind

Since I just joined the ranks of the unemployed.. Sign me up to. But I’d rather one of them just give me a job to replace the one I lost.


6 posted on 08/04/2010 8:15:36 AM PDT by cableguymn
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To: SeekAndFind

Shouldn’t they just give it to the gubmnt, since the gubmnt knows better what to do with their money.


7 posted on 08/04/2010 8:15:47 AM PDT by MarkeyD (Obama is a victim of Affirmative Action)
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To: SeekAndFind

How wonderful that our bettors are giving away their wealth.

Where is the line?


8 posted on 08/04/2010 8:15:57 AM PDT by Lx (Do you like it, do you like it. Scott? I call it Mr. and Mrs. Tennerman chili.)
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To: SeekAndFind

I wish they would put it towards the government debt. That would help future generations more than anything.


9 posted on 08/04/2010 8:15:57 AM PDT by napscoordinator
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To: SeekAndFind

Wealth that is not already inside irrevocable trusts?

This is a grand gesture without details.


10 posted on 08/04/2010 8:16:04 AM PDT by Carley (For those who fought for it, freedom has a flavor the protected will never know.)
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To: Joe Brower

March of Dimes is one of my favorite charities.


11 posted on 08/04/2010 8:16:20 AM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: SeekAndFind

WHAT a SCAM.....they HAVE to do this or they will be taxed at 50-70%....AND....they give to LIBERAL causes usually...


12 posted on 08/04/2010 8:16:34 AM PDT by goodnesswins (WHEN DEMOCRATS LOSE.....America WINS!)
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To: Joe Brower
I wonder exactly what charities will receive these funds.

Their kids.

13 posted on 08/04/2010 8:16:35 AM PDT by dfwgator
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To: SeekAndFind
scam award......so instead of paying taxes on their money like the rest of us, they get to booster they're favorite "charities" or "foundations"...many of them with leftist leanings....and avoid taxes on all that money....

jmho.......I don't see Gates or Buffet suffering for what they give....their wealth seems to mulitply.....

14 posted on 08/04/2010 8:16:50 AM PDT by cherry
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To: cherry

Yep, color me very cynical on this one.


15 posted on 08/04/2010 8:17:17 AM PDT by dfwgator
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To: SeekAndFind

Very often these guy give their money to each other’s charities.


16 posted on 08/04/2010 8:17:23 AM PDT by cripplecreek (Remember the River Raisin! (look it up))
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To: SeekAndFind

I can’t think of a billionaire who understands freedom.


17 posted on 08/04/2010 8:17:42 AM PDT by MarineBrat (Better dead than red!)
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To: SeekAndFind

Can I leave my address here?

Who in the hell SUGGESTS billionares don’t leave their money to their family?

Spread the wealth... hog wash. They will donate to tree huggers and ACORN and Obama. Nothing new here to see move along.

If a conservative billionaire is reading this write me privately for my address I will run and dismantle the U.N. IMMEDIATELY and give the people back their country.


18 posted on 08/04/2010 8:17:47 AM PDT by Dubya-M-DeesWent2SyriaStupid!
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To: napscoordinator

>I wish they would put it towards the government debt. That would help future generations more than anything.

Unfortunately it wouldn’t; our Government would only see it as license to increase spending.


19 posted on 08/04/2010 8:17:47 AM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: CygnusTheSwan

Here are the names :


ABOUT

The Giving Pledge is an effort to invite the wealthiest individuals and families in America to commit to giving the majority of their wealth to the philanthropic causes and charitable organizations of their choice either during their lifetime or after their death.

Each person who chooses to pledge will make this statement publicly, along with a letter explaining their decision to pledge. At an annual event, those who take the pledge will come together to share ideas and learn from each other.
The Pledge is a moral commitment to give, not a legal contract. It does not involve pooling money or supporting a particular set of causes or organizations.

While the Giving Pledge is specifically focused on billionaires, the idea takes its inspiration from efforts in the past and at present that encourage and recognize givers of all financial means and backgrounds. We are inspired by the example set by millions of Americans who give generously (and often at great personal sacrifice) to make the world a better place.

DIRECTORY

Paul G. Allen
Laura and John Arnold
Michael R. Bloomberg
Eli and Edythe Broad
Warren Buffett
Michele Chan and Patrick Soon-Shiong
Barry Diller and Diane von Furstenberg
Ann and John Doerr
Larry Ellison
Bill and Melinda Gates
Barron Hilton
Jon and Karen Huntsman
Joan and Irwin Jacobs
George B. Kaiser
Elaine and Ken Langone
Gerry and Marguerite Lenfest
Lorry I. Lokey
George Lucas
Alfred E. Mann
Bernie and Billi Marcus
Thomas S. Monaghan
Tashia and John Morgridge
Pierre and Pam Omidyar
Bernard and Barbro Osher
Ronald O. Perelman
Peter G. Peterson
T. Boone Pickens
Julian H. Robertson, Jr.
David Rockefeller
David M. Rubenstein
Herb and Marion Sandler
Vicki and Roger Sant
Walter Scott, Jr.
Jim and Marilyn Simons
Jeff Skoll
Tom Steyer and Kat Taylor
Jim and Virginia Stowers
Ted Turner
Sanford and Joan Weill
Shelby White


20 posted on 08/04/2010 8:17:59 AM PDT by SeekAndFind
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