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There's nothing like a little prodding from Bill Gates and Warren Buffett to get rich people to part with their money--or half of it, at least. The pair has convinced over 30 of their fellow billionaires (and a handful of other millionaires) to sign the Giving Pledge, described on the pledge's website as "an effort to help address society’s most pressing problems by inviting the wealthiest American families and individuals to commit to giving more than half of their wealth to philanthropy or charitable causes."

Many of the pledge-signers are well-known. T. Boone Pickens, Jeff Skoll, George Lucas, Barron Hilton, David Rockefeller, and Michael Bloomberg are just some of the big names roped into the project. Of course, it's not as if each person on the list will simply give away half of their cash on an appointed date. Each pledge-signer has a unique plan, as detailed in their individual pledges (available here).

To read the full, original article click on this link: Peer Pressure Works on Billionaires Too | Fast Company

Author: Ariel Schwartz