Category Archives: Philanthropy

Chan and Zuckerberg: Wars are not always won by fighting

Chan and Zuckerberg signed the Giving Pledge back in December 9th of 2010, to give away 99% of their wealth during their lifetimes. The Chan Zuckerberg Initiative was born, and the philanthropy duo is tapping into billions worth of Facebook shares. Last April, Zuckerberg announced wanting Class C shares which caries all the economic benefits of Class A and B shares, but no voting rights.

Warren Buffett vs Protégé Partners, only winners here

In 2007, Warren Buffett predicted that a Vanguard S&P 500 index fund will out perform five hedge funds selected by Protégé Partners. Protégé naturally disagreed, which led to a friendly million dollar bet among colleagues. On December 31, 2017, the losing party will donate the sum of $1 million to a charitable cause of the victor’s choosing.

Jeff Bezos values the importance of philanthropy

For those who are concerned for the betterment of society, tabs must be set on three giant companies: Google, Apple and Amazon. (Notice how there’s no need to include Microsoft in this list) To be frank, Apple Inc. a few years back was a bit worrisome where individuals expressed their … that the company was not doing enough to aid with charities.