Why the Giving Pledge has become a punchline
Once a billionaire fad, the philanthropic dream is now out of style.
From The Times
March 31, 2026

Long after an era when big capitalism tried to match big philanthropy, the Giving Pledge, which Warren Buffett and Bill and Melinda French Gates dreamed up in 2010, has fallen out of vogue.

An illustration showing several expensive-looking pens, bound together like sticks of dynamite, topped by a fuse that’s been lit.

Matt Chase

Now, it’s stylish, in a Silicon Valley contrarian sort of way, to bash the Pledge.

MORE COVERAGE

Snowy, forested mountains rise above a town also blanketed in snow.

Welcome to Wyoming, the frontier of America’s new gilded age.

An illustration of a yacht motoring through the numbers 1040.

It’s good to be a billionaire, even at tax time.

A triptych of two men and a woman, each posing inside in front of monochrome walls.

Raise taxes on the rich? These rich New Yorkers are all for it.

Want to see more of our expert reporting in your Google search results? Add The New York Times as a preferred source.

If you received this newsletter from someone else, subscribe here.

Need help? Review our newsletter help page or contact us for assistance.

You received this message because you signed up for updates from The New York Times.

To stop receiving From The Times, unsubscribe. To opt out of other promotional emails from The Times, including those regarding The Athletic, manage your email settings.

Subscribe to The Times

Connect with us on:

facebookxinstagramwhatsapp

Change Your EmailPrivacy PolicyContact UsCalifornia Notices

Zeta LogoAdChoices Logo

The New York Times Company. 620 Eighth Avenue New York, NY 10018