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.
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By Larissa Fernand |  21-02-14
 “It is much easier to be generous when you have more than you need, so this is not a difficult thing for us to do. I get tremendous pleasure from helping others. It’s what makes my life worth living.”
- William Ackman
 
Ackman founded New York-based hedge fund Pershing Square Capital Management. Late 2012, he announced a massive short position in Herbalife and was instantly challenged by rival hedge fund titans Daniel Loeb and Carl Icahn. This month, DealBook - The New York Times, announced that the $1 billion wager is still in the red. 
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