#giving-pledge
#giving-pledge
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#philanthropy #bill-gates #charitable-giving #mackenzie-scott #wealth-redistribution #billionaires #elon-musk
#philanthropy
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fromFortune
4 months agoMeet the billionaire couple who not only signed The Giving Pledge but actually delivered-donating nearly half their fortune while still alive | Fortune
John and Laura Arnold have donated over $2 billion—about 42% of their $2.9 billion net worth—and pledge to spend, not preserve, their wealth.
Fundraising
fromFortune
2 months agoCraigslist founder signs the Giving Pledge, and his fortune will go to military families, fighting cyberattacks-and a pigeon rescue | Fortune
Craig Newmark has officially joined the Giving Pledge, committing to continue donating most of his wealth through his foundation.
fromFortune
3 months agoScott Bessent labels the Giving Pledge a failure, says it only happened because billionaires feared 'pitchforks' amid massive wealth inequality | Fortune
He claimed wealthy individuals acted to create the Giving Pledge and feared the public would "come at it with pitchforks," but there has been little progress since. While acknowledging the Giving Pledge was "well intentioned," Bessent argued Trump Accounts will be a much more "concrete" accomplishment. The new structure aims to establish a "shareholder economy" by providing a vehicle for Americans to have a stake in the economic system,
US politics
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