Peter Thiel urges billionaires to abandon The Giving Pledge, calling it an 'Epstein-adjacent boomer club'
By
Jake Angelo
Crisp on the outside, thoughtful on the inside. A keeper.
Summary
Peter Thiel is actively persuading billionaires to abandon The Giving Pledge, a philanthropic campaign founded by Warren Buffett and Bill Gates that asks the ultra-wealthy to commit at least 50% of their wealth to charity. In a New York Times interview, Thiel called the organization an "Epstein-adjacent, fake boomer club" and claimed it has lost momentum after an initial surge of sign-ups. He says he has personally convinced signatories to walk away from their commitments, signaling a growing rift among the billionaire class over the effectiveness and legitimacy of organized mega-philanthropy.
Key quotes
· 3 pulledThey got an incredible number of people to sign up those first four or five years, and it somehow has really run out of energy.
Epstein-adjacent, fake boomer club.
I don't [know if it's working].
You might also wanna read
The paradox of green philanthropy: A mining billionaire's conservation donations questioned
This article explores the paradox of billionaire Tom Kaplan, who donates millions to wildlife conservation through his foundation while simu
Billionaire environmental philanthropy: A critical look at Tom Kaplan's conservation giving and its contradictions
The article critically examines billionaire environmental philanthropy, focusing on Tom Kaplan, who auctioned a Rembrandt drawing for $18 mi
Michael and Susan Dell Pledge $6.25 Billion to Fund Investment Accounts for 25 Million Children
Michael and Susan Dell have pledged $6.25 billion to deposit $250 into individual investment accounts for 25 million children, in what appea
Peter Thiel's reported move to Argentina highlights billionaire trend of seeking residency abroad
Peter Thiel is reportedly relocating to Argentina, joining a growing trend of ultra-wealthy billionaires seeking residency abroad as a hedge
Tom Steyer's Housing Affordability Campaign Faces Scrutiny Over His Luxury Real Estate Portfolio
Tom Steyer, a billionaire Democratic candidate for California governor, campaigns on addressing the state's housing crisis and making housin
Canada's clean economy tax credit program faces processing backlog as CRA staffs up
Canada's clean economy investment tax credit (ITC) program, a cornerstone of the country's plan to reach net-zero emissions by 2050, is expe
