20 Billionaires Giving Away Their Fortunes

Most people have heard Warren Buffett and Bill Gates are giving most of their wealth to charity, but you might be surprised at who's decided to join them.

Jul 12, 2014 at 1:36PM

The Giving Pledge, or the commitment to give away at least half of one's wealth to charitable causes, has become a very exclusive list of the "who's who" of billionaires.

Formally announced in June 2010, within the first two months the pledge had received commitments of more than $125 billion from 40 wealthy donors. Since then, the pledge has grown to more than 125 billionaires, all of whom are committing to donate at least half of their wealth, and some are going way beyond that.

For example, Warren Buffett has pledged to give nearly all of his fortune away, with the vast majority going to the Bill and Melinda Gates foundation, who are also giving away most of their wealth. The exact amount Buffett has pledged is 99% of his net worth -- which based on his net worth today according to Bloomberg, is roughly $65 billion.

Here is a sampling of the most well-known billionaires who have committed to giving the majority of their wealth away, in no particular order.

Warren Buffett: This is a "real threat"
Buffett is giving away his fortune, but that's not what is keeping him up at night -- a new technology is. Find out how you can cash in on this technology before the crowd catches on, by jumping onto one company that could get you the biggest piece of the action. Click here to access a FREE investor alert on the company we're calling the "brains behind" the technology.

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4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that's keeping him awake at night.

This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.
The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

That's how Buffett responded when asked about this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone. Google has already put some of its best engineers behind the technology powering this trend. 

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KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." 

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David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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