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August 5, 2010

FT: Buffett, Gates secure ‘giving pledge’ from billionaires

By Spear's

More than 30 US billionaires have pledged to give at least half of their fortunes to charity as part of a campaign spearheaded by Warren Buffett, the investor, and Bill Gates, the Microsoft founder.

More than 30 US billionaires have pledged to give at least half of their fortunes to charity as part of a campaign spearheaded by Warren Buffett, the investor, and Bill Gates, the Microsoft founder.

The list of those signing up, posted on The Giving Pledge’s website, includes many names familiar in business and philanthropy, such as Michael Bloomberg, New York’s mayor, Ted Turner, the media mogul, Barry Diller, the chief executive of IAC, and David Rockefeller.

The financial sector is well represented, with the former Citigroup chairman Sandy Weill and his wife Joan, David Rubenstein, the co-founder of the Carlyle Group, Pete Peterson, the co-founder of the Blackstone Group, Ron Perelman, the investor, and Julian Robertson, the hedge fund manager, on the list.

To read the full story, visit ft.com

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