• 6 minutes U.S. Shale Oil Debt: Deep the Denial
  • 12 minutes Knoema: Crude Oil Price Forecast: 2018, 2019 and Long Term to 2030
  • 17 minutes WTI @ $75.75, headed for $64 - 67
  • 2 hours Trump vs. MbS
  • 41 mins Nuclear Pact/Cold War: Moscow Wants U.S. To Explain Planned Exit From Arms Treaty
  • 3 hours Why I Think Natural Gas is the Logical Future of Energy
  • 3 hours Merkel Aims To Ward Off Diesel Car Ban In Germany
  • 30 mins A $2 Trillion Saudi Aramco IPO Keeps Getting Less Realistic
  • 8 hours Get on Those Bicycles to Save the World
  • 14 hours Can “Renewables” Dent the World’s need for Electricity?
  • 1 day The Dirt on Clean Electric Cars
  • 14 hours Satellite Moons to Replace Streetlamps?!
  • 1 day Owning stocks long-term low risk?
  • 5 hours Long-Awaited Slowdown in China Exports Still Isn’t Happening
  • 17 hours Closing the circle around Saudi Arabia: Where did Khashoggi disappear?
  • 8 hours Can the World Survive without Saudi Oil?

Sir Richard Branson Pledges to Give Half his Fortune to Support the Environment

Environmental initiatives are set to receive a huge boost in the form of at least half of Sir Richard Branson’s fortune.

The billionaire, who made his billion as the founder and chairman of the Virgin Group, is one of twelve such tycoons who have signed the Giving Pledge.

The Giving pledge was founded by Bill Gates and Warren Buffet as a means to encourage the world’s elite to donate at least half of their fortunes to charities of their choice. Since its founding back in 2010 the campaign has been supported by 105 wealthy families with an estimated worth of over $500 billion.

Related article: China's Smog Becoming an International Issue

The new group, which includes Branson, Vladimir Potanin, Azim Premji, Hasso Plattner, David Sainsbury, Patrice Motsepe, and Vincent Tan Chee Yioun, will join a list which includes the likes of Mark Zuckerberg, Ted Turner, George Lucas, Michael Bloomberg, and Steve Case.

On his personal blog Branson explained that, “stuff really is not what brings happiness. Family, friends, good health, and the satisfaction that comes from making a positive difference are what really matters. Happily our children, who will be our principal heirs, agree with me on this.”

Branson plans to give his donations to social enterprises who focus on environmental issues.

By. Joao Peixe of Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News