The Giving Pledge

The Giving Pledge
Formation 2010
Type Charitable organization
Membership
184
Founders
 Bill Gates and Warren Buffett
Website givingpledge.org

The Giving Pledge is a campaign to encourage wealthy people to contribute a majority of their wealth to philanthropic causes. As of 2018, the pledge has 184 signatories, either individuals or couples, from 22 different countries. Most of the signatories of the pledge are billionaires, and their pledges total over $365 billion. It does not actually dictate that the money will be spent in any certain way or towards any particular charity or cause, and there is no obligation to actually donate any money.

Description

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 claims to be a moral commitment to give, not a legal contract.[1] On The Giving Pledge's website, each individual or couple writes a letter explaining why they chose to give.

History

In June 2010, the Giving Pledge campaign was formally announced and Bill Gates and Warren Buffett began recruiting members.[2] As of August 2010, the aggregate wealth of the first 40 pledgers was $125 billion.[3] As of April 2011, 69 billionaires had joined the campaign and given a pledge,[4] and by the following year, The Huffington Post reported that a total of 81 billionaires had committed.[5] As of 2012, signatories of the pledge included: Hasso Plattner,[6] David Rockefeller,[7] Azim Premji,[8] Richard Branson,[9] Elon Musk, Tim Cook,[10] Sara Blakely,[11] and Kiran Mazumdar-Shaw.[12] By May 2017, 158 individuals and/or couples were listed as pledgers.[13][14]

Signers

At least $365 billion of giving has been pledged by 139 individuals, with a combined 2016 net worth of $731 billion.[15] Below is a list of all net worth amounts (pledges are not shown):

Name Net worth (2017 or at date of death if earlier)
$ billions
Bill and Melinda Gates 91.5
Warren Buffett 84
Larry Ellison 54.5
Michael Bloomberg 51.7
Mark Zuckerberg and Priscilla Chan 76.9
Carl Icahn 19
Azim Premji 17.9
Paul Allen 21.1
Ray and Barbara Dalio 15.6
James and Marilyn Simons 15.5
Elon Musk 15.2
Ronald Perelman 14.5
Vladimir Potanin 13.5
Patrick Soon-Shiong and Michele B. Chan 13
Harold and Annette Simmons 10
Dustin Moskovitz and Cari Tuna 9.9
Harold Hamm 9.4
George Kaiser 9.3
Hasso Plattner 9.1
Charles F. Feeney 7.5
Eli and Edythe Broad 7.1
John A. Sobrato and Susan Sobrato, and their son John Michael Sobrato 6.7
Gordon and Betty I. Moore 6.6
Stephen M. Ross 6.5
Richard and Nancy Kinder 6.2
Hansjörg Wyss 6.1
David and Barbara Green 5.6
George Lucas and Mellody Hobson 5.4
Sir Richard and Lady Joan Branson 5.1
Phillip and Patricia Frost 5
John and Ginger Sall 4.5
Jeff Skoll 4.4
Samuel Yin 4.2
John and Ann Doerr 4.1
Leon G. Cooperman and Toby Cooperman 3.9
Dan and Jennifer Gilbert 3.9
Bernie and Billi Marcus 3.8
Walter Scott, Jr. 3.8
Lynn Schusterman 3.5
Gordon and Llura Gund 3.4
Julian Robertson 3.4
Robert Smith 3.3
David Rockefeller 3.2
Yuri Milner 3.1
Jorge M. Pérez and Darlene Perez 3.1
Sir Ian Wood 3.08
John Paul DeJoria 3.0
Kenneth and Elaine Langone 3.0
Jeff Greene and Mei Sze 3.0
Henry and Susan Samueli 2.9
Romesh and Kathleen Wadhwani 2.8
Michael Moritz and Harriet Heyman 2.8
David M. Rubenstein 2.8
John Caudwell 2.7
Bill and Karen Ackman 2.6
Arthur Blank 2.6
Edgar M. Bronfman 2.6
John D. Arnold and Laura Arnold 2.6
Edgar Bronfman, Sr. 2.5
Barry Diller and Diane von Furstenberg 2.5
Judith Faulkner 2.5
Barron Hilton 2.5
Michael and Lori Milken 2.5
Joe and Rika Mansueto 2.4
Sunny Varkey 2.3
Charles Bronfman 2.3
Thomas and Cindy Secunda 2.3
Bob and Renee Parsons 2.2
Ted Turner 2.2
Byaruhanga Kimberly Junior 2.1
Jonathan M. Nelson 2.1
Albert Lee Ueltschi 2.1
Nicolas Berggruen 2.0
Glenn and Eva Dubin 2.0
George P. Mitchell 2.0
Paul E. Singer 1.92
Mark and Mary Stevens 1.91
Elie and Susy Horn 1.90
Craig and Susan McCaw 1.84
Ted Forstmann 1.80
Peter George Peterson 1.77
Charles Zegar and Merryl Snow 1.76
Dato Sri Tahir 1.74
Reed Hastings and Patty Quillin 1.72
Nandan Nilekani and Rohini Nilekani 1.73
Gary Michelson and Alya Michelson 1.70
Sheryl Sandberg and Dave Goldberg 1.70
Vicki and Roger Sant 1.70
Vinod and Neeru Khosla 1.69
Tom Steyer and Kat Taylor 1.61
Sir Tom and Lady Marion Hunter 1.60
Red and Charline McCombs 1.55
Victor Pinchuk 1.51
Manoj Bhargava 1.50
Eric and Liz Lefkofsky 1.50
Alfred E. Mann 1.50
Ann Gloag 1.49
Michael, Lord Ashcroft 1.48
Andrew Forrest and Nicola Forrest 1.46
Patrice Motsepe and Precious Motsepe 1.45
Strive Masiyiwa and Tsitsi Masiyiwa 1.40
Joe Craft 1.40
Hamdi Ulukaya 1.38
Seth Klarman and Beth Klarman 1.38
Ted Stanley and Vada Stanley 1.30
Sidney Kimmel 1.27
Peter B. Lewis 1.25
Steve Case and Jean Case 1.21
Joyce and Bill Cummings 1.20
H. F. Lenfest and Marguerite Lenfest 1.20
Herb and Marion Sandler 1.20
Richard and Nancy Marriott 1.20
Irwin M. Jacobs and Joan Jacobs 1.19
Vincent Tan 1.13
Christopher Hohn 1.10
Jon Huntsman, Sr. and Karen Huntsman 1.10
John Morgridge and Tashia Morgridge 1.09
Lord Sainsbury of Turville 1.08
Dr Mo Ibrahim 1.07
Sara Blakely 1.06
Sanford and Joan Weill 1.06
Sue Ann Arnall 1.0
T. Boone Pickens 1.0
Craig Silverstein and Mary Obelnicki 1.0
Margaret Adams and Sylvan Adams 1.0
Robert and Arlene Kogod 1.0
Denny Sanford 0.9
Tim Cook 0.785
Tad Taube 0.65
Brad Keywell and Kim Keywell 0.6
Steve Bing 0.6
Shelby White 0.6
Harold Grinspoon and Diane Troderman 0.5
Tom Monaghan 0.5
Arif Naqvi 0.5
Lorry I. Lokey 0.3
Duncan and Nancy MacMillan 0.3
John W. Jay Jordan II 0.29
Edward W. Rose and Deedie Potter Rose 0.28
Paul Orfalea and Natalie Orfalea 0.25
Claire and Leonard Tow 0.25
James E. Stowers and Virginia Stowers 0.1
Total $735.66 billion

[16]

See also

References

  1. ↑ "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."
  2. ↑ Carol Loomis (16 June 2010). "The $600 billion challenge". Fortune. Retrieved 20 October 2016.
  3. ↑ 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.
  4. ↑ 10 More U.S. Families Commit to the Giving Pledge , retrieved October 25, 2011
  5. ↑ "Warren Buffett, Bill Gates Giving Pledge Gets 12 More Billionaires To Commit Over Half Of Their Fortunes", Huffington Post, April 20 2012
  6. ↑ "SAP Founder Plattner Joins Club of Billionaire Donors". Der Spiegel. 20 February 2013. Retrieved 3 December 2015.
  7. ↑ "Wall Street Doners: David Rockefeller". Inside Philanthropy. Archived from the original on 26 August 2014. Retrieved 22 August 2014.
  8. ↑ "Azim Premji first Indian to sign up for Gates-Buffett charity", India Times, 2013-02-20. Retrieved 2013-02-20.
  9. ↑ Lazo, Alejandro (19 February 2013). "Richard Branson among non-U.S. billionaires joining Giving Pledge". The Los Angeles Times. Retrieved 19 February 2013.
  10. ↑ "Apple CEO latest to sign The Giving Pledge". Dial2Donate. Retrieved 21 August 2015.
  11. ↑ Forbes:"Spanx Mogul Sara Blakely Becomes First Female Billionaire To Join Gates-Buffett Giving Pledge" by Clare O'Connor Retrieved 7 May 2013
  12. ↑ "Kiran Mazumdar-Shaw, Herbert and Nicole Wertheim Join Giving Pledge". Philanthropy News Digest. December 17, 2015. Retrieved 4 February 2016.
  13. ↑ The Giving Pledge :: Pledger Profiles Retrieved May 16, 2017
  14. ↑ Lorenzetti, Laura (June 1, 2016). "17 More Billionaires Join Buffett and Gates' Giving Pledge This Year". Fortune. Retrieved October 20, 2016.
  15. ↑ "The Giving Pledge List Reaches $365 Billion". Insatiable Fox. Retrieved 6 June 2016.
  16. ↑ "The Giving Pledge List Reaches $365 Billion". Insatiable Fox. Retrieved 2016-04-23.
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