The Giving Pledge, a campaign initiated by Bill Gates and Warren Buffet earlier this year, had already seen Larry Ellison of Oracle and media moguls Ted Turner and Bary Diller join their group. Now, Facebook founder Mark Zuckerberg and several other billionaires, including AOL co-founder Steve Chase, former Wall Street executive Michaele Milken, and investor Carl Icahn, have signed on as well.
The Giving Pledge describes its mission as:
” . . . 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.”
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