Here’s a “Way to go!” for Bill Gates, Melinda Gates, Warren Buffet, Eli Broad, Edythe Broad, and any of their wealthmates who join them in pledging to give their wealth to charities. In “The $600 billion challenge” at Fortune, Carol J. Loomis related the story.
Bill Gates, Melinda Gates, and Warren Buffett are asking the nation’s billionaires to pledge to give at least half their net worth to charity, in their lifetimes or at death. If their campaign succeeds, it could change the face of philanthropy.
FORTUNE — Just over a year ago, in May 2009, word leaked to the press that the two richest men in America, Bill Gates and Warren Buffett, had organized and presided over a confidential dinner meeting of billionaires in New York City. David Rockefeller was said to have been a host, Mayor Michael Bloomberg and Oprah Winfrey to have been among those attending, and philanthropy to have been the main subject.