‘Have they given enough? No': Melinda French Gates rips into billionaire class, saying Giving Pledge has fallen short [Fortune]
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Source: Fortune
Buffett, started the Giving Pledge: a movement encouraging billionaires to donate at least half of their wealth during their lifetimes or at death. More than 250 of the world's wealthiest have signed the pledge, but many have so far failed to live up to it Recommended Video “Have they given enough? No,” French Gates said in an interview with Wired published Tuesday. Treasury Secretary Scott Bessent on Wednesday also called the Giving Pledge a failure —but for different reasons. While he called it “well intentioned,” Bessent said the pledge was “very amorphous” and claimed wealthy people made the commitment out of fear that the public would “come at it with pitchforks.” But Bessant too pointed out that not many billionaires have actually delivered on their promise to donate their fortunes. Bessent's comments came at the heels of the Trump administration's announcement of “Trump Accounts” for children, seeded by a $6.25 billion donation from Susan and Michael Dell In a recent le
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News
- MacKenzie Scott is trying to close the DEI gap in higher ed, with $155 million in donations this week alone [Fortune]Fortune
- Amazon.com (NASDAQ:AMZN) had its "outperform" rating reaffirmed by analysts at BMO Capital Markets.MarketBeat
- MacKenzie Scott's Higher Ed Philanthropy Tops $1 Billion For The Year [Forbes]Forbes
- Amazon.com (NASDAQ:AMZN) had its "overweight" rating reaffirmed by analysts at KeyCorp.MarketBeat
- Market Chatter: Amazon's Italian Unit Pays $209 Million Compensation to End Probe Into Tax, Labor Practices [Yahoo! Finance]Yahoo! Finance
AMZN
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AMZN
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- 11/25/25 - Form 4
- 11/25/25 - Form 4
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