Facebook's Zuckerberg pledges to give away wealth

Dec 09, 2010

(AP) -- Another 17 of America's richest people, including Facebook's Mark Zuckerberg, junk bond pioneer Michael Milken and AOL co-founder Steve Case, have pledged to give away most of their wealth.

They are the latest to join the Giving Pledge, an effort led by Microsoft founder and investor Warren Buffett to commit the country's wealthiest people to step up their charitable donations.

They've now signed up 57 people and their families. The list also includes New York Mayor , CNN founder Ted Turner and film director George Lucas.

Though not a formal contract, those who pledge are committing to give away at least half of their wealth to philanthropic causes either before or after they die.

Explore further: IBM buys small Denver startup AlchemyAPI to expand Watson

not rated yet
add to favorites email to friend print save as pdf

Related Stories

$700,000 from Gates to help protect CA climate law

Oct 21, 2010

(AP) -- The campaign against Proposition 23 - the ballot initiative that would push back California's landmark global warming law - is getting another big financial boost from a high-tech billionaire.

Recommended for you

Visa, MasterCard moving into mobile pay in Africa

Mar 03, 2015

Americans may just be getting used to mobile pay, but consumers in many African countries have been paying with their phones for years. Now payment processors Visa and MasterCard want to get a slice of that market, and are ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.