The Global Giving Pustge movement, created by Warren Buffett, Bill Gates and Melinda French Gates, announced this week the adhesion of 11 new billionaires to the commitment to donate most of its fortunes to philanthropic causes – in life or through wills.
The new signatories include Dro Houston, Dropbox co -founder and a member of the Meta Platforms Council, and Jim McKelvey, Block Cofunder and current CEO of Invisibly. According to Bloomberg Billionaires Index, Houston has an estimated equity of US $ 2.4 billion.
Other names that have committed themselves to the initiative include Jay Hoag, founder of the TCV investment firm, and Matthew Sonsini, former executive director of the Sobrate Organization. From the health sector, Glen Tullman, CEO of Transcarent, and Noubar afyan, co-founder of the modern pharmaceutical and CEO of the pioneering flagship.
Created in 2010, the Giving Pretge already has over 240 signatories worldwide. The idea is to encourage the richest to direct their wealth to social initiatives, to combat poverty, advances in health, education and science. Although the commitment has no legal strength, the signatories publicly formalize the intention to donate, inspiring others to do the same.
