Billionaire Families Join Pledge on Giving
The billionaire founders of PayPal and Broadcom Corp. are among a dozen wealthy families that have agreed to give the majority of their wealth to charity, following in the footsteps of technology entrepreneurs such as Bill Gates and Mark Zuckerberg.
The 12 families on Thursday joined the “Giving Pledge,” following 81 other billionaire families that have committed publicly to give away their wealth under the pledge, which was established in June 2010 by Microsoft Corp.’s founder, Gates, and Warren Buffett, chief executive of Berkshire Hathaway.
