Four years ago, Bill Gates, Melinda Gates, and Warren Buffett started a movement. It was called “The Giving Pledge,” and it asked the world’s most fortunate and financially successful individuals to donate at least half of their wealth to charity throughout their lives or upon their death.
What started as an inspiring movement with just a few generous members has become a source of pride for many millionaires and billionaires around the world. People like Virgin’s Richard Branson have joined, and most recently, six more families joined in.
Bob Parsons, founder and Chairman of GoDaddy, and his wife Renee signed on, bumping up the total number of Giving Pledge members to 122. “Renee and I have always believed that every child has the right to good nutrition, the best medical are, a good education, a happy and stress free environment and the hope that they too will share in the American Dream,” Parsons said. “We’ve dedicated our foundation and our resources to helping make this happen. It makes sense we join The Giving Pledge.”
The Giving Pledge does not dictate to which charities or philanthropic efforts members must give—it simply is a promise to give. The Parsons say they plan on continuing to support causes they’ve given to in the past, such as the Southwest Center for HIV/AIDS and Hope for Haiti.
“Most of the people in this group have been lucky, fortunate, they’ve worked hard to get where they’re at,” Renee Parsons said, according to AZ Central. “At some point, as Warren Buffett put it, you could spend (all your wealth) with reckless abandon but it’s not very fulfilling and not very wise.”
Other well-known figures that have joined The Giving Pledge include Sara Blakely, Michael Bloomberg, Larry Ellison, Carl Icahn, George Lucas, Elon Musk, Ronald Perelman, David Rubenstein, David Rockefeller, and Mark Zuckerberg.