""I firmly believe in the Giving Pledge and consider it quite a success, though my physical limitations have eliminated my participation in the annual get-together. I have continued to contact possible members but only on a minor scale in recent years.""
""Most of the ones I've talked to have at least expressed regret about signing it," he said, highlighting the growing discontent among some billionaires regarding their commitments to philanthropy."
Warren Buffett publicly reaffirmed his commitment to the Giving Pledge, which encourages billionaires to donate the majority of their wealth to charity. Despite his support, the initiative faces backlash from some billionaires, notably Peter Thiel, who claims many signatories regret their involvement. Buffett believes the Pledge has successfully established a new philanthropic norm among the ultra-rich, despite the challenges it currently faces. He continues to recruit potential members, albeit on a smaller scale due to physical limitations.
Read at Entrepreneur
Unable to calculate read time
Collection
[
|
...
]