Skip To Content
Get Our Newsletter
JEWISH. INDEPENDENT. NONPROFIT.

Support the Forward

Funded by readers like you DonateSubscribe

Eli Broad Pledges To Give Away 75% of His Fortune

Late last week, in response to a campaign by Bill Gates and Warren Buffett, high profile Jewish philanthropists Eli and Edythe Broad publicly pledged to give away 75% of their $5.7 billion fortune. As part of an initiative that aims to increase philanthropy among the wealthiest Americans, Gates and Buffett have challenged the super-rich to join them in donating more than half of their money to charities and other not-for-profit causes.

“We agree with Andrew Carnegie’s wisdom that ‘the man who dies rich, dies disgraced,’” the Broads said in a statement.

New York City mayor Michael Bloomberg, whose net worth is estimated at $18 billion, has also signed on, and The Economist reports that others are expected to jump on the gold-plated bandwagon soon.

Engage

  • SHARE YOUR FEEDBACK

  • UPCOMING EVENT

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free under an Attribution-Non Commercial-No Derivatives Creative Commons license as long as you follow our republishing guidelines, which require that you credit Foward and retain our pixel. See our full guidelines for more information.

To republish, copy the HTML, which includes our tracking pixel, all paragraph styles and hyperlinks, the author byline, and credit to Foward. Have questions? Please email us at help@forward.com.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.