The Giving Pledge

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Bill Gates with wife Melinda

The Giving Pledge ( English for The promise something to give away ) is a philanthropic campaign , which in June 2010 by billionaires Bill Gates and Warren Buffett has started. It is intended to encourage particularly wealthy people to donate their wealth for the common good .

The initiative stated on its official website that it is "an attempt to invite the richest people and families in America and the world to give most of their wealth to philanthropy ." Wealthy patrons from other parts of the world also joined the Giving Pledge like the German SAP founder Hasso Plattner , the African mobile phone entrepreneur Mo Ibrahim , the Indian entrepreneur Azim Premji , the British Virgin founder Richard Branson and the Russian internet entrepreneur Juri Milner .

history

Warren Buffett

Gates and Buffett were inspired by Andrew Carnegie 's 1889 essay, The Gospel of Wealth , for their initiative to get US billionaires to donate money to charity . After the start in June 2010, the idea received great support in the first eight weeks. In August 2010, 40 US billionaires pledged to donate at least half of their fortune to charity if possible, including New York City Mayor Michael Bloomberg and George Lucas , creator of the Star Wars and Indiana Jones series. In December 2010, 17 more billionaires such as Facebook founder Mark Zuckerberg and then Karstadt investor Nicolas Berggruen joined them. By fall 2012, a total of 91 billionaire families had made the pledge. By February 1, 2014, the number of participating families rose to 122. On August 1, 2015, this number rose to 137.

Action

The initiative does not collect money from donors, it only calls on the billionaires to pledge to donate part of their wealth to charity. This can happen during their lifetime, immediately before or after their death. Buffett himself had already promised to donate 99 percent of his fortune to charitable foundations, the vast majority of the money to the Bill & Melinda Gates Foundation , which is the largest private foundation in the world based on its deposits.

According to Forbes Magazine , more than 400 billionaires live in the United States, which means that with the Giving Pledge in August 2010, around 10 percent of all US billionaires had already committed to the Gates and Buffett initiative.

According to "The Chronicle of Philanthropy", The Giving Pledge had no demonstrable impact on donation behavior until 2019, despite initial enthusiasm. Hedge fund manager and philanthropist Robert Wilson described The Giving as "practically worthless", especially since the wealth of foundations could remain under the control of the wealthy.

Signatory

In alphabetical order by continent, the participants in The Giving Pledge who want to give a large part of their assets for charitable purposes are (as of July 2015):

Africa
  1. Mo Ibrahim
  2. Strive Masiyiwa and Tsitsi Masiyiwa
  3. Patrice Motsepe and Precious Motsepe
  4. Elon Musk
  5. Patrick Soon-Shiong and Michele B. Chan
  6. Mohammed Bin Musallam Bin Ham Al-Ameri
Asia
Australia / Oceania
Europe
North America
  1. Bill Ackman and Karen Ackman
  2. Margaret and Sylvan Adams
  3. Paul Allen (1953-2018)
  4. Sue Ann Arnall
  5. John Douglas Arnold and Laura Arnold
  6. Steve Bing
  7. Sara Blakely
  8. Arthur Blank
  9. Nathan Blecharczyk and Elizabeth Blecharczyk
  10. Michael Bloomberg
  11. Eli Broad and Edythe Broad
  12. Charles Bronfman
  13. Edgar Bronfman senior (1929-2013)
  14. Edgar M. Bronfman
  15. Warren Buffett
  16. Steve Case and Jean Case
  17. Brian Chesky
  18. Tim Cook
  19. Leon G. Cooperman and Toby Cooperman
  20. Joe Craft
  21. Joyce and Bill Cummings
  22. Ray Dalio and Barbara Dalio
  23. John Paul DeJoria
  24. Barry Diller and Diane von Furstenberg
  25. John Doerr and Ann Doerr
  26. Glenn Dubin and Eva Dubin
  27. Larry Ellison
  28. Judith Faulkner
  29. Chuck Feeney
  30. Ted Forstmann († 2011)
  31. Phillip Frost and Patricia Frost
  32. Bill and Melinda Gates
  33. Joe Gebbia
  34. David Gelbaum and Monica Gelbaum
  35. Dan Gilbert and Jennifer Gilbert
  36. Dave Goldberg (1967-2015) and Sheryl Sandberg
  37. David Green and Barbara Green
  38. Jeff Greene and Mei Sze
  39. Harold Grinspoon and Diane Troderman
  40. Gordon Gund and Llura Gund
  41. Harold Hamm
  42. Reed Hastings and Patty Quillin
  43. Lyda Hill
  44. Barron Hilton
  45. Jon Huntsman Sr. and Karen Huntsman
  46. Carl Icahn
  47. Irwin Jacobs and Joan Jacobs
  48. John W. "Jay" Jordan II
  49. George Kaiser
  50. Brad Keywell and Kim Keywell
  51. Sidney Kimmel
  52. Richard Children and Nancy Children
  53. Seth Klarman and Beth Klarman
  54. Kenneth Langone and Elaine Langone
  55. Eric Lefkofsky and Liz Lefkofsky
  56. HF Lenfest and Marguerite Lenfest
  57. Peter B. Lewis († 2013)
  58. Lorry I. Lokey
  59. George Lucas and Mellody Hobson
  60. Duncan MacMillan and Nancy MacMillan
  61. Alfred E. Mann
  62. Joe Mansueto and Rika Mansueto
  63. Bernie Marcus and Billi Marcus
  64. Richard Marriott and Nancy Marriott
  65. Craig and Susan McCaw
  66. Red McCombs and Charline McCombs
  67. Michael Milken and Lori Milken
  68. George P. Mitchell († 2013)
  69. Tom Monaghan
  70. Gordon Moore and Betty Moore
  71. John Morgridge and Tashia Morgridge
  72. Dustin Moskovitz and Cari Tuna
  73. Jonathan M. Nelson
  74. Pierre Omidyar and Pam Omidyar
  75. Paul Orfalea and Natalie Orfalea
  76. Bernard Osher and Barbro Sachs-Osher
  77. Bob Parsons
  78. Ronald Perelman
  79. Jorge M. Pérez and Darlene Perez
  80. Peter George Peterson (1926-2018)
  81. T. Boone Pickens
  82. Julian H. Robertson
  83. David Rockefeller (1915-2017)
  84. Edward W. and Deedie Potter Rose
  85. Stephen M. Ross
  86. David Rubenstein
  87. John Sall and Ginger Sall
  88. Henry Samueli and Susan Samueli
  89. Herb († 2012) and Marion Sandler
  90. Denny Sanford
  91. Vicki and Roger Sant
  92. Lynn Schusterman
  93. Ruth and Bill Scott
  94. Walter Scott, Jr.
  95. Thomas Secunda and Cindy Secunda
  96. Craig Silverstein and Mary Obelnicki
  97. Harold Simmons (1931–2013) and Annette Simmons
  98. Jim and Marilyn Simons
  99. Paul E. Singer
  100. Jeff Skoll
  101. John A. Sobrato and Susan Sobrato, and their son John Michael Sobrato
  102. Ted and Vada Stanley († 2013)
  103. Mark Stevens and Mary Stevens
  104. Tom Steyer and Kat Taylor
  105. James E. Stowers († 2013) and Virginia Stowers
  106. Tad dove
  107. Claire († 2014) and Leonard Tow
  108. Ted Turner
  109. Albert Lee Ueltschi
  110. Hamdi Ulukaya
  111. Sanford Weill and Joan Weill
  112. Shelby White (widow of Leon Levy )
  113. Charles Zegar and Merryl Snow
  114. Mark Zuckerberg and Priscilla Chan
  115. Tegan and Brian Acton
  116. Brian Armstrong
  117. Stewart and Sandy Bainum
  118. MacKenzie Bezos
  119. Sonia and Paul Tudor Jones
  120. Ryan D. "Jume" Jumonville
  121. Erica and Jeff Lawson
  122. Francine A. LeFrak and Rick Friedberg
  123. John McBain and Marcy McCall MacBain
  124. Emily and Mitchell Rales
  125. Chris and Crystal Sacca
  126. Paul and Jennifer Sciarra
  127. Robert and Jane Toll

Web links

Individual evidence

  1. ^ Spreading Gospels of Wealth: America's Billionaire Giving Pledgers are Forming a Movement . In: The Economist , May 19, 2012, last accessed July 19, 2014.
  2. ↑ Gates and Buffett urge the super-rich to donate
  3. ↑ a b c 40 super-rich donate half of their wealth
  4. ↑ Zuckerberg wants to donate his fortune . In: Focus from December 9, 2010.
  5. ↑ Press release of September 18, 2012 (pdf; 45 kB)
  6. ↑ Has the Giving Pledge Changed Giving? by Marc Gunther, June 4, 2019, accessed on July 25, 2020
  7. ↑ Ines Zöttl: MacKenzie Bezos: What critics complain about "The Giving Pledge". In: Spiegel Online . June 1, 2019, accessed July 25, 2020 .
  8. ↑ Josh Kosman - "Bill Gates told that his charity pledge is 'worthless'" in the New York Post Online January 1, 2014, accessed July 25, 2020
  9. ↑ Current pledgers . The Giving Pledge. Retrieved July 29, 2015.
  10. ↑ a b c Press Release - The Giving Pledge. Retrieved June 2, 2020 .
  11. ↑ a b c d e f g h i j k Erin Carlyle, “Meet the Eight Forbes 400 Billionaires Who Just Signed the Giving Pledge” , publisher , September 18, accessed October 13, 2012
  12. ^ "Azim Premji first Indian to sign up for Gates-Buffett charity" , publisher , February 20, 2013, accessed on February 20, 2013
  13. ↑ Alejandro Lazo: Richard Branson among non-US billionaires joining Giving Pledge , The Los Angeles Times . 19th February 2013. 
  14. ↑ Forbes: "Spanx Sara Blakely Mogul Becomes First Female Billionaire To join Gates-Buffett Giving Pledge" by Clare O'Connor may 7, 2013
  15. ↑ givingpledge.org: Letter from Nathan and Elizabeth Blecharczyk (Accessed October 15, 2016)
  16. ^ Warren Buffett: My Philanthropic Pledge (PDF) The Giving Pledge. Retrieved August 22, 2014.
  17. ↑ givingpledge.org: letter from Brian Chesky (Accessed October 15, 2016)
  18. ↑ Apple CEO latest to sign The Giving Pledge . Dial2Donate. Retrieved August 21, 2015.
  19. ↑ givingpledge.org: letter from Joe Gebbia (Accessed October 15, 2016)
  20. ↑ Wall Street Doners: David Rockefeller . Inside Philanthropy. Archived from the original on August 26, 2014. Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved August 22, 2014. @1@ 2Template: Webachiv / IABot / www.insidephilanthropy.com