Only 5 billionaires have signed up to The Giving Pledge this year

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Only 5 billionaires including the founders of Zynga, FTX and 23andme have signed up to The Giving Pledge this year

The fewest number of billionaires have joined The Giving Pledge this year since the foundation of the initiative helping philanthropists give away most of their wealth.was founded by Bill Gates, Melinda French Gates and Warren Buffett in 2010 when dozens of America's wealthiest people pledged to donate the bulk of their fortune to help solve problems in society.

Just five billionaires have joined the list this year, down from 14 in 2021. The most pledgers, 58, joined the list when it was founded in 2010. as the world's second-richest person worth $171 billion, is noticeably missing from The Giving Pledge. But his former wife, MacKenzie Scott, joined in 2019.

"A while ago I became convinced that our duty was to do the most we could for the long run aggregate utility of the world," Bankman-Fried said in his. He said what"matters the most" is the work his friends and colleagues do at foundations.

 

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