34 Billionaires to Give Away Half of Wealth

It all started with billionaires Bill Gates and Warren Buffett announcing to the world that they will share half of their wealth to charities. Now there are 34 billionaires who joined and have decided to give at least 50 percent of their fortune.

Microsoft founder Bill Gates and investor Warren Buffet joined forces to promote an altruistic campaign titled, ‘The Giving Pledge’ in June. The goal of the campaign is to have hundreds of U.S. billionaires give away most of their riches throughout their lifetime or at their death. Billionaires would have to publicly state their intention in a letter of explanation.

To date, a few of the dedicated well-off men include New York Mayor Michael Bloomberg, entertainment executive Barry Diller, Oracle co-founder Larry Ellison, energy tycoon T. Boone Pickens, media mogul Ted Turner, David Rockefeller and investor Ronald Perelman.