Thursday, August 5, 2010

US billionaires pledge 50% of their wealth to charity

Thirty-eight US billionaires have pledged at least 50% of their wealth to charity through a campaign started by investor Warren Buffett and Microsoft founder Bill Gates.
"The Giving Pledge" lists all the families and individuals who have committed to the project.The site says the pledge is a "moral commitment" not a "legal contract".
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.

To read more about the project, please go to http://www.bbc.co.uk/news/world-us-canada-10870361

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