Advertisement
Advertisement
Advertisement
Why have only 5 billionaires signed up for the Giving Pledge this year? 2022’s generous pledgers include 23andMe’s Anne Wojcicki, Zynga’s Mark Pincus and crypto king Sam Bankman-Fried
STORYBusiness Insider
- The Giving Pledge was founded by Bill and Melinda Gates and Warren Buffett in 2010, and initially scores of billionaires signed, including Elon Musk and Airbnb’s Brian Chesky
- But the number of pledgers has fallen to a record low, with some notable names still absent from the list, including Jeff Bezos, even though his ex-wife Mackenzie Scott joined
The fewest number of billionaires have joined The Giving Pledge this year since the creation of the initiative, which helps philanthropists give away most of their wealth.
The Giving Pledge was founded by Bill and Melinda Gates and Warren Buffett in 2010 when dozens of America’s wealthiest people pledged to donate the bulk of their fortune to help solve problems in society.
Advertisement
The list includes Meta founder and CEO Mark Zuckerberg, Coinbase CEO Brian Armstrong, and hedge fund manager Bill Ackman among its pledgers.
But 2022 isn’t going so well …
Just five billionaires have joined the list this year, down from 14 in 2021. The highest number of pledgers – 58 – joined the list when it was founded in 2010.
Jeff Bezos, ranked by Forbes as the world’s second-richest person worth US$171 billion, is noticeably missing from The Giving Pledge. But his former wife, MacKenzie Scott, joined in 2019.