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More billionaires sign up for The Giving Pledge

Fourteen more billionaires sign up The Giving Pledge, a common pact which involves rich donors pledging to give the majority of their wealth to different charitable causes within their life.

The billionaires signed the commitment started in 2010 when Bill and Melinda Gates, along with Warren Buffet started calling other people in giving away half of their wealth, either during their lifetime or in their will.

In total, 168 individuals or families have since committed, from 21 countries. This year, the number is down from last year’s total of 17. This year’s list includes members from Australia, Cyprus, Monaco, Norway, Slovenia, and Tanzania.


As the group notes in a press release, the fortunes were minted across a wide spectrum of industries, from agriculture to casino gaming to technology. The causes supported also range from climate change to poverty and health and medical issues. #

As Melinda Gates, co-chair of the Bill & Melinda Gates Foundation said during the announcement, that means a variety of entrepreneurial views, offering more “learning from their diverse experiences.”

The U.S.-based contributors include Dagmar Dolby, wife of sound system magnate Ray Dolby of Dolby Laboratories, who died in 2013. Dolby already supports pro-choice causes and contributes heavily toward brain health and Alzheimer’s disease research.

Another billionaire who signed The Giving Pledge is Nick Hanauer, a serial entrepreneur and venture capitalist, who founded Civic Ventures, a public policy incubator in Seattle, and his wife Leslie.

Alexa Stewart