While many of the world’s wealthiest people make an effort to share their fortunes, some do not—at least to the extent more generous peers wish they would.
“By just sitting on your hands, you become more of a billionaire until you’re a double billionaire,” Disney told the Guardian. “It’s a strange way to live when you have objectively more money than a person can spend.”
“It could take decades to truly understand the effects these gifts have had on nonprofits and the sector at large,” according to the report. “However, after five years of giving, the reported effects of her gifts on recipient organizations…remain overwhelmingly positive.”
“Measured by dollars, this commitment is large. In a comparative sense, though, many individuals give more to others every day,” Buffett wrote. “In contrast, my family and I will give up nothing we need or want by fulfilling this 99% pledge.”
