The Giving Pledge Runs into Unwarranted Controversy

Warren Buffett and Bill Gates unveiled The Giving Pledge initiative in June which launched one of the most ambitious philanthropic initiatives in history and has the potential to generate hundreds of billions of dollars in gifts over the next few decades. Both Warren Buffett and Bill Gates have already pledged the vast majority of their wealth to charity and the goal of the pledge is to encourage other billionaires to do the same. Surprisingly, the initiative has generated a significant amount of controversy among those who believe that it is politically motivated. Read this article for more details.

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