Richard Branson among non-U.S. billionaires joining Giving Pledge
- Share via
Virgin Group founder Richard Branson is among the first group of billionaires from outside the U.S. who have signed up to donate at least half of their wealth to charitable causes as part of the Giving Pledge initiative started by Warren Buffett and Bill and Melinda Gates.
The 12 foreign billionaires who have signed on to the pledge bring the total of signatures to 105 families, according to Bloomberg News. The initiative asking billionaires to pledge at least half of their fortune to philanthropy has largely been focused on the wealthy in the U.S.
“As a young man, I never set out to make money,” Branson wrote in his pledge letter. “We set out to create things that we could be proud of and try to make a difference.”
Other international billionaires pledging include mining magnate Andrew Forrest, Ukrainian businessman Victor Pinchuk and German entrepreneur Hasso Plattner.
ALSO:
Financial planning for the average investor
Daring investors are betting on ‘frontier markets’
Anxious investors are day-trading with retirement accounts
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.