Billionaires in Global Philanthropy: A Decade of the Giving Pledge

  • 1 January 1970
  • Academic / Journal Article
  • Publisher : Springer
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This article analyzes the Giving Pledge, initiated in 2010 by Bill and Melinda Gates and Warren Buffett, a decade after its inception. It reveals that signatories are predominantly white, male, and US-based billionaires, with tech billionaires being a younger, wealthier subgroup. The study found that pledge letters emphasize education and health. Common motivations for giving include a desire to make a difference, give back, personal fulfillment, and early socialization into philanthropy. While the Giving Pledge aims to increase philanthropic giving among the wealthy, its voluntary nature and modest commitment make assessing its global significance and impact challenging.

Author(s) :

HP Schmitz, EM McCollim

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Key topics

Social Justice, Philanthropy and Human Rights

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