I saw this headline while I was flipping through some news on my phone and couldn’t believe my eyes. You can’t help but be excited to see that Warren Buffett and Bill Gates (the world’s richest men) being so liberal in their generosity. But I was really surprised to find out that they are putting pressure on other billionaires to do the same…
Investor Warren Buffett and Microsoft founder Bill Gates announced on Wednesday that they are asking hundreds of billionaire Americans to give away at least 50 percent of their wealth to charity.
I don’t know where Warren & Bill are with God, but it is great to see them behaving as great role models in terms of their generous giving. And with the amount of influence that the two of them carry, I anticipate that philanthropy will become more in fashion. While I can think of “better” things that could be done with the billions, I am just glad to see that millions of peoples lives will be better off – rather than it all going to their children.
They have named the campaign the Giving Pledge and are asking those who commit to giving away at least half their fortune during their lifetime or after their death to publicly state their intention with a letter explaining their decision.
Eli Broad has been influenced by Buffett…
Broad and his wife Edythe said in a statement that they will pledge to give away 75 percent of their wealth during and after their lifetime. Forbes has estimated Broad to be worth $5.7 billion.
“We agree with Andrew Carnegie’s wisdom that ‘The man who dies rich, dies disgraced,’ and we also believe ‘he who gives while he lives also knows where it goes,'” the couple said. “Philanthropy is unbelievably rewarding.”
I love this part…
The Giving Pledge will not accept any money; it is simply asking billionaires to make a moral commitment to give away their wealth to charity.
What does this mean for us?
I don’t know about you, but seeing people not impacted by Jesus’ love giving like this convicts me. As Christians liberal giving (in every area) is in our DNA. God is the premier giver and we are made in His likeness and image. I take what these guys are doing as a personal challenge to evaluate where I can give more in my life. I desire to give large amounts financially, but even if I can’t we all have something we can give.
What does The Giving Pledge do for you?