Billionaires take charity pledge
“People wait until late in their career to give back. But why wait when there is so much to be done?” said Mr. Zuckerberg, Chief Executive and President of Facebook .
NEW YORK: Facebook founder Mark Zuckerberg is among the 17 United States billionaires who took the pledge to donate the majority of their wealth to charity, organisers of the effort said on Thursday.
The project launched this year by the two richest Americans, Warren Buffett and Bill Gates, said a total of 57 individuals or families had now signed the Giving Pledge.
“People wait until late in their career to give back. But why wait when there is so much to be done?” said Mr. Zuckerberg, Chief Executive and President of Facebook .
The ‘Giving Pledge' is the brainchild of Microsoft mogul, Mr. Gates, and investment guru, Mr. Buffett, who want to convince the richest people in the country to give 50 per cent or more of their fortune to charity. New names in the group include investor Carl Icahn and former junk bond guru Michael Milken. The initial group included CNN founder Ted Turner, New York Mayor Michael Bloomberg, Oracle co—founder Larry Ellison and Hollywood director George Lucas. — AFP
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