Forty of the wealthiest families and individuals in the United States have committed to returning the majority of their wealth to charitable causes by taking the Giving Pledge. The announcement of this first group was made by Warren Buffett approximately six weeks after kicking off the long-term charitable project with Bill and Melinda Gates.
“We’ve...
Archive for August 4th, 2010
Billionaires Pledge Majority of Wealth to Philanthropy
Billionaire eco-entrepreneur Richard Branson funding biofuel
In 2006 Richard Branson pledged to invest profits and dividends from his transport businesses (both airlines and rail) into the development of alternative fuels.
Initially Virgin invested in a number of bio-fuel businesses, but has now broadened the scope of its investment into the renewable energy and resource efficiency sectors through the formation of the...