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August 12, 2010 / Raffy Pekson II

40 Billionaires to Give Away Half of Their Wealth

Bill Gates and Warren Buffet are the leading the pack of billionaires who have agreed to give away half of their wealth to charity before or after their death. The two of America’s wealthiest created this plan called “The Giving Pledge” and have been going around the billionaires’ club convincing them to give away their fortunes to any charity they choose.

Beside themselves – already a net worth of $90 billion – the others who signed up include New York Mayor Michael Bloomberg, Oracle founder Larry Ellison, media mogul Ted Turner and film giant George Lucas, to name a few. “Every saint has a past, every sinner has a future. We’ll keep on working,” Buffett said.

Read more at MSNBC

Photo by photo240779 at Flickr.com

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