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Warren Buffett: 'Terrific Response' to 'Giving Pledge' After Just Six Weeks

Fortune Magazine
Source: Fortune Magazine
Fortune Magazine

Warren Buffett and Bill Gates have convinced forty of the nation's "wealthiest families and individuals" to take their "Giving Pledge."

Just six weeks after issuing a $600 Billion challenge in Fortune Magazine to their fellow billionaires, Buffett and Gates have won a substantial number of public promises to "return the majority of their wealth to charitable causes."

In a news release out this morning, Buffett is quoted as saying:

"We've really just started, but already we've had a terrific response. At its core, the Giving Pledge is about asking wealthy families to have important conversations about their wealth and how it will be used. We're delighted that so many people are doing just that - and that so many have decided to not only take this pledge but also commit to sums far greater than the 50% minimum level."

The release says the "Giving Pledge" is a "moral commitment to give, not a legal contract, and it does not involve pooling money or supporting a particular set of causes or organizations."

Pledge letters have been posted at www.givingpledge.org.

Those signing the pledge so far are:

California

Eli and Edythe Broad

Michele Chan and Patrick Soon-Shiong

Ann and John Doerr

Larry Ellison

Barron Hilton

Joan and Irwin Jacobs

Lorry I. Lokey

George Lucas

Alfred E. Mann

Tashia and John Morgridge

Bernard and Barbro Osher

Herb and Marion Sandler

Jeff Skoll

Tom Steyer and Kat Taylor


Georgia

Bernie and Billi Marcus

Ted Turner


Hawaii

Pierre and Pam Omidyar


Washington, D.C. / Maryland

David M. Rubenstein

Vicki and Roger Sant


Michigan

Thomas S. Monaghan


Missouri

Jim and Virginia Stowers


Nebraska

Warren Buffett

Walter Scott, Jr.


New York

Michael R. Bloomberg

Barry Diller and Diane von Furstenberg

Elaine and Ken Langone

Ronald O. Perelman

Peter G. Peterson

Julian H. Robertson, Jr.

David Rockefeller

Jim and Marilyn Simons

Sanford and Joan Weill

Shelby White


Oklahoma

George B. Kaiser


Pennsylvania

Gerry and Marguerite Lenfest


Texas

Laura and John Arnold

T. Boone Pickens


Utah

Jon and Karen Huntsman


Washington

Paul G. Allen

Bill and Melinda Gates

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