#giving-pledge
#giving-pledge
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#philanthropy
Fundraising
fromFortune
1 month agoPeter Thiel says he warned Elon Musk to ditch donating to The Giving Pledge because Bill Gates will give his wealth away 'to left-wing nonprofits' | Fortune
Peter Thiel urges Elon Musk to opt out of the Giving Pledge, warning Musk's wealth could end up funding left-wing nonprofits chosen by Bill Gates.
Non-profit organizations
fromFortune
3 months ago82-year-old CEO grew a $7.8 billion fortune from company shares-now she's selling stock to charity and signed Bill Gates' pledge to give away 99%
Judy Faulkner sells her Epic non-voting shares and channels proceeds into philanthropy, refusing personal payouts despite a $7.8 billion stake.
fromFortune
2 days 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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