Economics

More Billionaires Join Buffett/Gates Charity Pledge

At least they're not giving the money to the government and it's totally voluntary, right Buffett?

|

Eleven billionaires added their names on Tuesday to the effort by Bill Gates and Warren Buffett to donate half their fortunes to charity, bringing the total to 92. 

The newest members of the club include Netflix chief executive Reed Hastings, Intel co-founder Gordon Moore, and Charles Bronfman, the Canadian-born former head of Seagram Co. 

The Giving Pledge, announced in 2010, was launched by Microsoft mogul Gates and investment guru Buffett who want to convince the richest people in the country to give 50 percent or more of their fortune to charity.