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PHILANTHROPISTS AT THEIR BEST PDF Print E-mail

Thirty-eight US billionaires have pledged at least 50% of their wealth to charity

The campaign was started in June to convince US billionaires to give away at least half of their fortunes either during their lifetimes or after their deaths. Those who pledge their money to “philanthropic causes and charitable organisations” must publicly state their intention through a letter of explanation. However, according to Forbes’ digital company Investopedia, the question is whether the “giving pledge” is a good idea, and there are a numerous speculations and rumours currently in circulation. Here are some examples:

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