Short Bytes: This is a list of entrepreneurs who won’t let their children inherit their entire property. They would rather donate most of their hard earned money for noble causes for the sake of the well-being of the society and environment.While most of us would be under the impression that children of the famous billionaires of the world would inherit a huge fortune to themselves, here’s the list of a famous people and couple people who have donated most of their money for the charitable causes.
These men and women have not only made it big by their sheer hard work and dedication but also contributed in making this world a better place.
1. Bill Gates:
Bill Gates is known for philanthropy. His past donations are a proof of how much is he in serving humanity than leaving behind billions for their children. Currently, Bill Gates is the master of around 85 billion dollars but he thinks that it is not a good idea to leave behind so much money for their children. From his past donations, it’s almost evident that Bill Gates is going to donate more money to his foundation called ‘Bill and Melinda Gates foundation’.
Gates said: “I definitely think leaving kids massive amounts of money is not a favor to them.”
2. Facebook Founder Mark Zuckerberg:
Just like Bill and Melinda Gates foundation, Zuckerberg is also planning to open an initiative called Chan-Zuckerberg initiative. This initiative was announced after the birth of their daughter in December last year. Through this foundation, they want to serve humanity by promoting equality, accessibility to educational resources to unprivileged children, curing disease etc. Mark Zuckerberg‘s net worth is around 47 billion Dollars.
3. AOL co-founder Steve Case
Case began case foundation in 1997 by Steve Case the founder of AOL. Case initiative is not just focussed on donations rather it’s focussed more on how to make philanthropy more effective using technology. Like Zuckerberg, he has also signed the giving pledge and he is more interested in startups outside the Silicon valley through an investment firm called the revolution.
4. Salesforce CEO Marc Benioff
5. Qualcomm co-founder Irwin Jacobs
6. EBay founder Pierre Omidyar:
7. Intel co-founder Gordon Moore:
8 .Tesla CEO Elon Musk:
9. Spanx CEO Sara Blakely:
Sara is the first woman to sign the Giving Pledge in 2013. Her Pledge letter read:
“I am committed to the belief that we would all be in a much better place if half the human race (women) were empowered to prosper, invent, be educated, start their own businesses, run for office – essentially be given the chance to soar!”
10. Oracle founder Larry Ellison:
Oracle founder Ellison committed to giving away 95 percent of his wealth to charitable causes, especially to his medical foundation.
His letter to the Giving Pledge read:
“Warren Buffett personally asked me to write this letter because he said I would be ‘setting an example’ and ‘influencing others’ to give. I hope he’s right.”