Philanthropy is more than just a core Legion value – it’s an activity that we take a personal interest in as well. So, when we heard that even more of the world’s wealthiest people had decided to sign the Giving Pledge, we wanted to find out who these admirable individuals are.
For those who don’t know, the Giving Pledge is a movement started by Warren Buffett along with Bill and Melinda Gates. The three of them made a very public promise that, upon their deaths, they would leave much of their wealth to charity. What’s more, they invited the rest of the world’s wealthiest people to join them.
As of today, the Pledge has 168 members from 21 different countries, and these donors have pledged to give a total of well over $360 billion! These are some of the newest philanthropists that Team Legion admires:
- Leonard (Len) Ainsworth: Hailing from Australia, Ainsworth built two legal gambling companies, and his current net worth is $1.2 billion. In his Giving Pledge letter, he wrote, “As a private person, I prefer to minimise publicity of my philanthropic activities but at the same time realise that setting a positive example is the best way to encourage others to give back.”
- Robert F. Smith: Founder of Vista Equity Partners, a private equity firm that invests in enterprise software companies, Smith’s net worth is estimated at $2.5 billion. He wrote, “Potential is no guarantee of success. We will only grasp the staggering potential of our time if we create onramps that empower ALL people to participate, regardless of background, country of origin, religious practice, gender, or color of skin.”
The Giving Pledge is something many of us aspire to be a part of one day, and we admire the men and women who are currently a part of this great movement.