The+Giving+Pledge

THE GIVING PLEDGE
In the first half of the 20th century, the 1st philanthropic age took place with famous philanthropists like / such as Rockefeller, Carnegie, Ford, Heinz. Now is the 2nd philanthropic age with Buffett and Gates who asked other billionaires to give at least half their wealth away (that is to say / i.e. $ 600 billion) As founders of The Giving Pledge, Gates & Buffett were named as n°1 out of 100 global thinkers for stepping up when many nations are faltering

Buffett, one of the richest men in the world, promised to give 99% of his fortune away that is to say $50 billion He thinks he was lucky to be born at the right place, at the right time. Buffett and his wife had decided long ago to give their money away but, although it is easy to make money, it is hard to give money away intelligently. That's why it took them so long to make up their mind about how to spend their money wisely.

Bill Gates created the ‘Bill and Melinda Gates Foundation’ with his wife. They devoted $ 35 billion. It tackles two issues: the American education and global health (=health all over the world) Volunteering has always been important for them. __Since they were children__, they have been taught to volunteer and give back to society.

Ted Turner, famous for winning America’s Cup, a media mogul who revolutionized television with CNN and who was involved in the media merger between AOL and Time Warner, became billionaire. In 1997, he gave $ 1 bn away to created the UN Foundation. It was the largest donation in history.