Billionaires take charity pledge.

THE HINDU,FRIDAY,DECEMBER 10,2010.
NEW YORK :Facebook founder Mark Zuckerberg is among the 17 United States billionaires who took the pledge to donate the majority of their wealth to charity,organisers of the effort said on Thursday.

The Giving Pledge

The project launched this year by the richest Americans,Warren Buffett and Bill Gates,said a total of 57 individuals or families had now signed the Giving Pledge.
“People wait until late in their career to give back.But why wait when there is so much to be done?” said Mr.Zuckerberg,who is Chief Executive and President of Facebook and has a fortune estimated by the Forbes magazine of $6.9 billion.

Convincing the rich

The ‘Giving Pledge’ is the brain child of Microsoft mogul,Mr.Gates,and investment guru,Mr.Buffett,who want to convince the richest people in the country to give 50 per cent or more of their fortune to charity . – AFP

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