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Dec 14, 2010

Zuckerberg Will Donate the Majority of His Wealth

Joining up with Bill Gates, George Lucas, Warren Buffett, and 50 other billionaires, Zuckerberg has agreed to donate the majority of his wealth to charity, as part of the Giving Pledge movement Gates launched back in August.

It's the largest philanthropic work ever done, with over 50 billionaires pledging to give away most of their fortunes to various charities. They're not legally bound to do so, but if they renege then I imagine all hell would break loose. Just imagine having Gates' beady glare on you, wherever you go. *shudder*

15 other billionaires signed up recently, alongside Zuckerberg. AOL's co-founder Steve Case, and investor Carl Icahn are just some of the names you might recognize. The charities on the receiving end of the Giving Pledge's handout haven't been named yet, but considering Gates fascination with green issues, I wouldn't be surprised if we saw some funky eco-friendly initiatives start looking or greener.

15 comments:

SuciƓ Sanchez said...

Big of them. Now if they'd just stop giving away my money...
I despise champagne socialists with a particular passion.

Sv3ntevith said...

Many people will go crazy with that amount of cash.. but thank God people who actually are rich can do that great things!

Henri said...

Have they actually given the cash yet?

ill_preussian said...

it so amazing to know that even if he spends half his money he is not able to decrease his "richness" by buying things

i hope it will led to good things

Gurney said...

well good for them

cooperlife said...

if you give away the majority of your wealth, what are your kids gunna get?

Joel C Anatoli said...

CAn I have some?.., I promise to help my landlady take out her garbage.

I'm very intersted what might come out of it

Das Auto! said...

no one needs billions of dollars anyways

Unknown said...

Good news!

Sinisa said...

good to know...

ToxicPuppy said...

Wow! That's a lot of money! Good people, these guys.

Anonymous College Student said...

Zuckerberg you are alright in my book.

David Davidson said...

Thats cool, good for them. I mean after the first billion what more do you really need?

000 said...

It's not like he needs the money anyway

MRanthrope said...

thats great, I hope he doesn't back out when Facebook tanks in a few years and he's only a minor billionaire. haha

I'd like to think I'd do the same if I was in his shoes...but who knows?