The Wild Wild World of Wealth

The Giving Pledge: What Do We Want From the Wealthy?

18 August 2010

I’ve been thinking about the “Giving Pledge,” a campaign championed by Bill Gates and Warren Buffett. They’re asking fellow members of the uber rich to pledge 50+ percent of their fortunes to charities—more money to philanthropy and less to family. Among the billionaires who have taken the “pledge” are Larry Ellison, Michael Bloomberg, Tom Monaghan, Oprah Winfrey, George Soros and other members from the who’s who of wealth.

These pledges are extraordinary acts of generosity.

But how will the Giving Pledge address our country’s greatest needs?

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