Article

Give It Away Now

What Bill Gates’s and Warren Buffet’s challenge to other American billionaires—give away half of all your money!—could mean in the fight against global poverty.

July 20, 2010 Published in the August 2010 issue of Seattle Met

80
Percent of people in developing countries who live on less than $10 a day

24,000
Children under age five who die
 each day due to poverty

99
Percent of his wealth Buffet
 has pledged to donate

2
Percent of income Americans give to charity annually

$1.2 Trillion
Estimated net worth of American billionaires on the Forbes 400 list

80
Percent of Americans who
 did not bequeath money to charity upon death in 2008

$600 Billion
Amount global charities 
would gain if all those 
billionaires donated 50 
percent of their wealth

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