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: Amazon, Simon & Schuster sign book retail deal

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

Amazon, Simon & Schuster sign book retail deal

3 hours ago

Amazon has reached a deal with American book publisher Simon & Schuster, the companies said, though the e-commerce giant remains at loggerheads with France's Hachette over e-book pricing.

Facebook sues law firms, claims fraud

14 hours ago

Facebook is suing several law firms that represented a man who claimed he owned half of the social network and was entitled to billions of dollars from the company and its CEO Mark Zuckerberg.

IBM 3Q disappoints as it sheds 'empty calories'

15 hours ago

IBM disappointed investors Monday, reporting weak revenue growth again and a big charge to shed its costly chipmaking division as the tech giant tries to steer its business toward cloud computing and social-mobile ...

User comments : 0