NEW YORK: Dozens of US billionaires pledged to give at least 50 percent of their fortunes to charity as part of a philanthropic campaign by two of the world’s richest men — Warren Buffett and Bill Gates.
Based on Forbes magazine’s estimates of the billionaires’ wealth, at least $150bn could be given away.
Among the rich joining The Giving Pledge campaign are New York Mayor Michael Bloomberg, media moguls Barry Diller and Ted Turner, Oracle co-founder Larry Ellison, Star Wars movie maker George Lucas and energy tycoon T Boone Pickens.
Forty of the richest people in the United States, including Microsoft founder Gates and investor Buffett, now have taken the pledge.
Based on Forbes magazine’s estimates of the billionaires’ wealth, at least $150bn could be given away.
Among the rich joining The Giving Pledge campaign are New York Mayor Michael Bloomberg, media moguls Barry Diller and Ted Turner, Oracle co-founder Larry Ellison, Star Wars movie maker George Lucas and energy tycoon T Boone Pickens.
Forty of the richest people in the United States, including Microsoft founder Gates and investor Buffett, now have taken the pledge.