“More than 99% of my wealth will go to philanthropy during my lifetime or at death. Measured by dollars, this commitment is large. In a comparative sense, though, many individuals give more to others every day.
Millions of people who regularly contribute to churches, schools, and other organizations thereby relinquish the use of funds that would otherwise benefit their own families. The dollars these people drop into a collection plate or give to United Way mean forgone movies, dinners out, or other personal pleasures. In contrast, my family and I will give up nothing we need or want by fulfilling this 99% pledge.
Moreover, this pledge does not leave me contributing the most precious asset, which is time. Many people, including — I’m proud to say — my three children, give extensively of their own time and talents to help others. Gifts of this kind often prove far more valuable than money.”

— Warren Buffett

" My Philanthropic Pledge http://givingpledge.org/pdf/letters/Buffett_Letter.pdf" at The Giving Pledge (2010)

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Warren Buffett 146

American business magnate, investor, and philanthropist 1930

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“More than 99% of my wealth will go to philanthropy during my lifetime or at death. Measured by dollars, this commitment is large. In a comparative sense, though, many individuals give more to others every day.”

Warren Buffett (1930) American business magnate, investor, and philanthropist

" My Philanthropic Pledge http://givingpledge.org/pdf/letters/Buffett_Letter.pdf" at the The Giving Pledge (2010)
Context: More than 99% of my wealth will go to philanthropy during my lifetime or at death. Measured by dollars, this commitment is large. In a comparative sense, though, many individuals give more to others every day.
Millions of people who regularly contribute to churches, schools, and other organizations thereby relinquish the use of funds that would otherwise benefit their own families. The dollars these people drop into a collection plate or give to United Way mean forgone movies, dinners out, or other personal pleasures. In contrast, my family and I will give up nothing we need or want by fulfilling this 99% pledge.
Moreover, this pledge does not leave me contributing the most precious asset, which is time. Many people, including — I’m proud to say — my three children, give extensively of their own time and talents to help others. Gifts of this kind often prove far more valuable than money.

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Thomas Sowell (1930) American economist, social theorist, political philosopher and author

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Robert Nozick (1938–2002) American political philosopher

Source: (1974), Ch. 3 : Moral Constraints and the State; Why Side Constraints?, p. 32

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“John Sculley ruined Apple and he ruined it by bringing a set of values to the top of Apple which were corrupt and corrupted some of the top people who were there, drove out some of the ones who were not corruptible, and brought in more corrupt ones and paid themselves collectively tens of millions of dollars and cared more about their own glory and wealth than they did about what built Apple in the first place — which was making great computers for people to use.”

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“I would say this boils down to a war between the haves and the have-nots. The haves are the people that are getting all the funding. They're getting millions and millions of dollars of funding. The skeptics, we get scraps, we do things on our own. I funded most of the project on my own. And so who should you trust? People that are being paid for an opinion, paid for an output, versus someone who is not being paid for an output, and I think that's the question.”

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2010