Warren Buffett Watch
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Warren Buffett: 'Terrific Response' to 'Giving Pledge' After Just Six Weeks
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Source: Fortune Magazine |
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
GeorgiaBernie and Billi Marcus
Ted Turner
HawaiiPierre and Pam Omidyar
Washington, D.C. / MarylandDavid M. Rubenstein
Vicki and Roger Sant
MichiganThomas S. Monaghan
MissouriJim and Virginia Stowers
NebraskaWarren Buffett
Walter Scott, Jr.
New YorkMichael 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
OklahomaGeorge B. Kaiser
PennsylvaniaGerry and Marguerite Lenfest
TexasLaura and John Arnold
T. Boone Pickens
UtahJon and Karen Huntsman
WashingtonPaul G. Allen
Bill and Melinda Gates
Current Berkshire stock prices:
Class B: [BRK.B
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Class A: [BRK.A
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