Have you ever wondered or ask yourself this question – “If I strike a lottery today and won myself $100 million, what will I do with my entire fortune?”
Well, some 40 billionaires, including financial & investment guru, Warren Buffet in the US have opted to join in the footsteps of Microsoft Corporation founder, Bill Gates in pledging their wealth to charity upon their death.
A number of other billionaires have also pledged to put at least half of their wealth into their personal/family foundations, or to make substantial grants to other non-profit organizations. We want to share with you an interesting article that was published in The Star on 5 August 2010.
Click on the URL below for the detailed article: http://biz.thestar.com.my/news/story.aspfile=/2010/8/5/business/20100805074103&sec=business
Recently the "Giving Pledge", a drive spearheaded by both Mr Warren Buffet and Mr Bill Gates was launched with the intent to get wealthy Americans to pledge at least half of their estates to welfare organisations for the purposes of helping the poor, medicare, education, technology innovation, environment protection and arts development. This is indeed a brilliant move!!
We have yet to see such a pledge happening in Malaysia. Would you pledge your assets and property if there was one? Looking at the percentage of the world’s wealthy man pledging their wealth, it sparks a curiosity on how much of the rest of us will follow suit. Most of us would probably think that the billionaires have plenty to live off even though they have given away their monies, but it doesn’t mean that only the rich ones are supposed to share their wealth. If each one of us puts in the effort to give away 5% of a small contribution (whatever amount is affordable), it would definitely cause a much greater impact on our world community.
For those who are interested to find our more about The Giving Pledge, you can visit the link provided at http://givingpledge.org/
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