82-year-old CEO grew a $7.8 billion fortune from company shares—now she’s selling stock to charity and signed Bill Gates' pledge to give away 99%

82-year-old CEO grew a $7.8 billion fortune from company shares—now she’s selling stock to charity and signed Bill Gates’ pledge to give away 99%

CEOs with major controlling stakes in their billion-dollar companies have the power to make themselves richer and richer, but one 82-year-old tech leader isn’t cashing in for herself. Judy Faulkner, the CEO of Epic Systems, has been selling her non-voting shares back to the company—and redirecting the profits elsewhere. “I’ve never cashed a single share…

Read More
Bill Gates and Warren Buffett's Giving Pledge after 15 years: Only 9 of the 256 billionaires actually followed through on giving away half their wealth

Bill Gates and Warren Buffett’s Giving Pledge after 15 years: Only 9 of the 256 billionaires actually followed through on giving away half their wealth

The Giving Pledge is a charitable campaign, launched in 2010 by Bill Gates and Warren Buffett, that invites the world’s wealthiest individuals and families to publicly commit to giving away at least 50% of their wealth to philanthropy, either during their lifetimes or in their wills. The Institute for Policy Studies’ report “The Giving Pledge…

Read More
Bill Gates Was Moved By A 1997 Headline That Said Water Was A 'Deadly Drink' And That's When He Set His Sight On Global Health

Bill Gates Was Moved By A 1997 Headline That Said Water Was A ‘Deadly Drink’ And That’s When He Set His Sight On Global Health

Bill Gates says a single New York Times column he read in 1997 with the headline “For Third World, Water Is Still a Deadly Drink,” pushed him from Microsoft’s helm toward global health, launching a drive that has helped cut childhood deaths from diarrhea by more than 70%. What Happened: Writing on his Gates Notes…

Read More
Hong Kong wealth legacy academy’s new portal connects rich families with charitable work

Hong Kong wealth legacy academy’s new portal connects rich families with charitable work

The Hong Kong Academy for Wealth Legacy (HKAWL), chaired by Adrian Cheng Chi-kong, launched a web portal on Tuesday to connect wealthy families with philanthropic initiatives, giving them access to high-impact projects. The Impact Link Online Portal (iLink) will serve as a repository for philanthropic projects that wealthy families can participate in, as well as…

Read More
'I don't have to work, I choose to

‘I don’t have to work, I choose to work’: Bill Gates talks work ethic, AI, and philanthropy on Nikhil Kamath’s podcast

Microsoft co-founder Bill Gates believes that self-discipline is essential for anyone striving to work hard and stay grounded. The billionaire philanthropist shared his thoughts in the latest episode of Nikhil Kamath’s podcast series, People by WTF, released on April 11. The second part of Gates’ conversation with Zerodha co-founder Nikhil Kamath covered a wide range…

Read More