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The Giving Pledge urges wealthy individuals to give the majority of their money to charities of their choice.

Warren Buffett says he and Bill Gates have pledges from 40 of America’s wealthiest individuals and families to give away at least half their fortunes to charity.

 

Buffett and Bill Gates, who have a combined wealth of about $90 billion, officially launched The Giving Pledge this year to urge wealthy individuals to give the majority of their money to charities of their choice either during their lifetime or after their death.

The latest list of 40 billionaires includes, among others, New York City Mayor Michael Bloomberg, media mogul Ted Turner, film director George Lucas and energy magnate T. Boone Pickens.

“We’ve really just started, but already we’ve had a terrific response,” Buffett, co-founder, chairman and CEO of Berkshire Hathaway, said in a statement. “At its core, the Giving Pledge is about asking wealthy families to have important conversations about their wealth and how it will be used.

“We’re delighted that so many people are doing just that – and that so many have decided to not only take this pledge but also to commit to sums far greater than the 50% minimum level.”

The list:

Paul G. Allen
Laura and John Arnold
Michael Bloomberg
Eli and Edythe Broad
Warren Buffett
Michele Chan and Patrick Soon-Shiong
Barry Diller and Diane von Furstenberg
Ann and John Doerr
Larry Ellison
Bill and Melinda Gates
Barron Hilton
Jon and Karen Huntsman
Joan and Irwin Jacobs
George B. Kaiser
Elaine and Ken Langone
Gerry and Marguerite Lenfest
Lorry I. Lokey
George Lucas
Alfred E. Mann
Bernie and Billi Marcus
Thomas S. Monaghan
Tashia and John Morgridge
Pierre and Pam Omidyar
Bernard and Barbro Osher
Ronald O. Perelman
Peter G. Peterson
T. Boone Pickens
Julian H. Robertson, Jr.
David Rockefeller
David M. Rubenstein
Herb and Marion Sandler
Vicki and Roger Sant
Walter Scott, Jr.
Jim and Marilyn Simons
Jeff Skoll
Tom Steyer and Kat Taylor
Jim and Virginia Stowers
Ted Turner
Sanford and Joan Weill
Shelby White

Click here to read profiles of the individuals and see their individual pledge letters.

Via USA Today