When you’re a billionaire businessman, you can expect Bill Gates will eventually invite you to give a large sum of your money to charity, possibly through the “Giving Pledge.” The “Giving Pledge” is the brainchild that came from Bill Gates, close friend and businessman Warren Buffet, and his wife Melinda Gates.
The pledge was founded in 2010 in an effort to inspire charitable giving in both the United States and around the world. The Organization has said in a statement that there are now 154 members from 16 countries that have made the “Giving Pledge.”
That brainchild has been so successful that Gates has used it to build new friendships with past rivals like Larry Ellison, who signed the pledge years ago. Others who’ve agreed to the “Giving Pledge” are Hasso Plattner, Elon Musk, Mark Zuckerberg and Priscilla Chan, Ted Turner, and Microsoft co-founder Paul Allen.
When billionaires make this pledge they usually write a letter to explain their own interest in philanthropy.
An example from T. Boone Pickens:
‘I’ve long stated that I enjoy making money and I enjoy giving it away. I like making money more, but giving it away is a close second.’
Bill Gates announced Wednesday that another 17 extremely wealthy people have recently signed the pledge, which include Intuit founder Scott Cook, Airbnb founders Brian Chesky, Nathan Blecharczyk and Joe Gebbia, as well as Marc Benioff of Salesforce.com.
Kerry A. Dolan of Forbes writes:
‘As the gap between the world’s richest and poorest grows, philanthropic efforts by the ultra wealthy rise in need and importance.’
However, the one majorly prominent wealthy individual who has not signed the pledge yet? Republican presidential candidate Donald Trump.
Bill and Melinda Gates were asked by Re/Code’s Walt Mossberg at its Code conference that took place earlier this week in Southern California about Trump. At that time Melinda Gates confirmed that Trump, in fact, has not signed the pledge.
Bill Gates said:
‘Donald hasn’t been known for his philanthropy. He’s been known for other things.’
Melinda also added:
‘We don’t have any immediate plans to approach him.’
Journalist Dan Primack also asked on Twitter:
Has anyone asked @realDonaldTrump why he’s not a signatory to The Giving Pledge?
— Dan Primack (@danprimack) May 3, 2016
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