Billionaires Who Won't Leave Their Entire Fortune to Their Kids
Some tycoons in the financial world are committed to donating the bulk of their wealth to charity.
| “Sir Winston Churchill observed that ‘We make a living by what we get, but we make a life by what we give.’...It is in this spirit that we enthusiastically agree to take the Giving Pledge.” |
| - Lee Cooperman |
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| The son of a plumber, he quit Goldman Sachs as head of the bank’s asset management business in 1991 to found hedge fund Omega Advisors. In 2011, he wrote an open letter to President Obama, calling on the president to end his class warfare rhetoric. Joseph Palermo, professor at California State University, wrote an interesting retort in The Huffington Post and called him a “whiny billionaire”. |
