FTX’s Sam Bankman-Fried and founders of 23andMe and Zynga promise to give away most of their money
, 2022-06-04 06:55:00,
A politically active crypto billionaire, the co-founder of a DNA testing company, and the founder of a well-known videogame maker are the latest ultra-wealthy people to publicly promise to give away most of their money.
Sam Bankman-Fried, founder of the FTX crypto exchange; Anne Wojcicki, co-founder and CEO of 23andMe
; and Mark Pincus, founder and former CEO of Zynga, the maker of FarmVille and other popular games, all signed the Giving Pledge this past week.
The pledge was launched in 2010 by Microsoft
co-founder Bill Gates and his then-wife Melinda Gates along with their friend, Berkshire Hathaway
CEO Warren Buffett. It was designed to encourage billionaires to publicly promise to give away the majority of their wealth either during their lifetimes or in their wills.
Bankman-Fried is a supporter of the effective altruism movement, which prioritizes giving money to the charities that save the most human lives on a per dollar basis. He’s also been active as a political donor to Democrats, including President Joe Biden, and more recently to an Oregon candidate to the U.S. House of Representatives. Bankman-Fried’s estimated net worth is $20.5 billion.
Wojcicki’s estimated net worth was $1.1 billion as of 2021, according to Forbes. She does her philanthropy through a foundation she runs with her sister, Susan Wojcicki, who is the CEO of YouTube. Anne Wojcicki was once married to Google
co-founder Sergey Brin. She co-founded 23andMe in 2006.
The Wojcicki’s foundation paid out about $25 million in grants in 2019, according to its most recent IRS filing. Recipients included the…
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