US billionaires "pledge is a moral commitment to give"

Can you imagine what good these people will do in this country by doing this? Most of us can't imagine having that kind of money but to be willing to give half of what they have away will not only bless the people they give it to, but them as well. Wonderful!!!!

40 US billionaires pledge half of wealth to charity


By Agence France-Presse
Wednesday, August 4th, 2010 -- 1:05 pm
Forty of America's billionaires and their families pledged Wednesday to give more than half of their fortune to charity in a drive organized by Bill Gates and Warren Buffett.

The group includes CNN founder Ted Turner, New York Mayor Michael Bloomberg, Oracle co-founder Larry Ellison and Hollywood director George Lucas, as well as Microsoft mogul Gates and investment guru Buffett.

The idea, which was announced just six weeks ago as "The Giving Pledge," is to convince billionaires across the country to give up most of their money -- 50 percent or more -- to charity.

"The pledge is a moral commitment to give, not a legal contract," a statement released Wednesday said by givingpledge.org, a drive spearheaded by Buffett and Gates.


read more here
US billionaires pledge half of wealth to charity