The founder of EasyJet, billionaire Sir Stelios Haji-Ioannou, will be giving away the majority of his fortunes, according to his letter on the Giving Pledge site.
The Giving Pledge was created by Bill and Melinda Gates along with Warren Buffett, as a way to give back to society by having the world’s wealthiest individuals donate the majority of their personal wealth to philanthropic causes.
Haji-Ioannou is worth over £1.95 billion according to the Sunday Times Rich List. He made his statement on the site saying: “I think all wealthy people have a debt to repay because it is thanks to their customers who bought their goods and/or services that they acquired their fortune. It took me another 10 years of both ‘thinking’ and ‘doing’ philanthropy to conclude that by giving more than half of one’s fortune to charity, one can balance the needs of family and friends against other good causes.”
The billionaire is one of 14 new signatories to the Giving Pledge. Here is the complete list of the new international group of philanthropists joining the Giving Pledge:
1. Leonard H. Ainsworth – Australia
2. Mohammed Dewji – Tanzania
3. Dagmar Dolby – United States
4. Dong Fangjun – People’s Republic of China
5. Anne Grete Eidsvig and Kjell Inge Røkke – Norway
6. Sir Stelios Haji-Ioannou – Monaco, Cyprus
7. Nick and Leslie Hanauer – United States
8. Iza and Samo Login – Slovenia
9. Dean and Marianne Metropoulos – United States
10. Terry and Susan Ragon – United States
11. Nat Simons and Laura Baxter-Simons – United States
12. Robert Frederick Smith – United States
13. Harry H. Stine – United States
14. You Zhonghui – People’s Republic of China
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