The billionaires made a promise -- now some want out | TechCrunch
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In 2010, Warren Buffett and Bill Gates launched a disarmingly simple campaign they called the Giving Pledge: a public commitment, open to the world's

The Giving Pledge’s numbers, reported Sunday by the New York Times, trace a steady decline. In its first five years, 113 families signed the Pledge. Then 72 over the next five, 43 in the five after that, and just four in all of 2024. The roster includes Sam Altman, Mark Zuckerberg and Priscilla Chan, and Elon Musk — some of the most powerful people in the world, and yet, in Peter Thiel’s words to the Times, it is a club that’s “really run out of energy . . .I don’t know if the branding is outright negative,” Thiel told the outlet, “but it feels way less important for people to join.”

  • idiomaddict
    37·
    3 days ago

    It’s worth separating the fate of the Pledge from the fate of philanthropy more broadly. Some of the wealthiest people in tech are still giving; they’re just doing it on their own terms, through their own vehicles, toward their own chosen ends. At the start of 2026, Chan Zuckerberg Initiative (CZI) cut about 70 jobs — 8% of its workforce — as part of a move away from education and social justice causes toward its Biohub network, a group of nonprofit, biology-focused research institutes operating across several cities. “Biohub is going to be the main focus of our philanthropy going forward,” Zuckerberg said last November.

    They’re just trying to extend their own lifespans