More billionaires pledge fortunes to charity

Eleven more ultra-rich people join the Buffett-Gates pledge

Topics: Charity, Patriotic Billionaire Challenge, Warren Buffett, Mark Zuckerberg, Philanthropy, Bill Gates, Netflix,

In 2010, investment leviathan Warren Buffett joined computer mogul Bill Gates and his wife, Melinda, in launching the Giving Pledge to convince similarly rich people to give 50 percent or more of their fortunes to charity. On Tuesday 11 new multimillionaires and billionaires joined the initiative. New pledges, including Netflix CEO Reed Hastings and the guy behind those little five-hour energy drinks, join illustrious philanthropists like Mark Zuckerburg, Ted Turner and Michael Bloomberg in agreeing that they can probably do without at least half of their fortunes.

Check out our slide show introducing some the Buffett-Gates pledges.



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    Billionaires slideshow

    Reed Hastings, new pledge and Netflix CEO

    Who's that in your Instant Queue? Why it's Netflix CEO, Reed Hastings. Hastings is also on the board of Microsoft and Facebook. He has many millions (estimated net worth: $641 million) but fewer millions than he had last year before Netflix stock plummeted.

    Billionaires slideshow

    Gordon Moore, new pledge and co-founder of the Intel Corporation

    Billionaire Gordon Moore co-founded the Intel Corporation and is believed by Forbes to be worth $3.8 billion. He's no stranger to philanthropy, notes Forbes: "The Gordon & Betty Moore Foundation doles out $183 million annually to support environmental conservation and fundamental science, plus science museums, nursing care, and land conservation in the San Francisco Bay Area."

    Billionaires slideshow

    Charles Bronfman, new pledge of Seagram's fortune

    The family liquor company, Seagram, provided Charles Bronfman a fortune. More of this booze money will be directed to philanthropic causes now Bronfman has taken the Buffett-Gates pledge.

    Billionaires slideshow

    Manoj Bhargava, new pledge and founder of 5-hour Energy

    All those little two-ounce pick-me-ups produced quite a fortune for founder Manoj Bhargava, estimated to be worth around $1.3 billion.

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    Pledge master Buffett

    Alongside Bill Gates, Buffett launched The Giving Pledge in 2010 to encourage the ultra-wealthy to share.

    Billionaires slideshow

    Pledge master Gates

    Before the pledge, Gates had already donated much of his wealth to philanthropic causes through the Bill and Melinda Gates Foundation.

    Billionaires slideshow

    Director and pledge, George Lucas

    George Lucas is believed to have a net worth of $3.25 billion and is among early Giving Pledge members, which perhaps offers some solace to Star Wars fans furious at the director for the prequel trilogy.

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Natasha Lennard

Natasha Lennard is an assistant news editor at Salon, covering non-electoral politics, general news and rabble-rousing. Follow her on Twitter @natashalennard, email nlennard@salon.com.

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