Wednesday, December 22, 2010

Another Batch, Including Mark Zuckerberg, Pledges with Bill Gates to donate their wealth after death!

Another batch of around 17 richest Americans have pledged to donate majority of their wealth after their dismissal. This is the most recent batch of rich people to join the Giving Pledge, which was a highly praised initiative led by Bill Gates and Warren Buffett, first the founder of Microsoft Corp. and later a very successful investor. They have convinced not only the country's wealthiest people but also other richer people of international community as well, to step up and give charitable donations from their huge assets.

This last batch’s highlight is the very popular CEO of Facebook, Mark Zuckerberg, Michael Milken, who is a junk bond pioneer with AOL co-founder, Steve Case. Overall up till now Bill Gates and his associates have successfully managed to sign up a total of 57 rich people and their families in this Nobel cause. This list expands to very noticeable people, best in what they do and recognized for that, this includes the New York Mayor Michael Bloomberg, CNN founder Ted Turner and also George Lucas, the famous film director.
Although this effort does not involve any kind of formal contract or binding, but still this makes ever pledge to publically commit and intend to give away at least half of their wealth, which being the riches people of the world is immense, to philanthropic causes either before or right after ones death rather than passing it on to their families to come.

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