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Peter Thiel says that the initiative under which Bill Gates, Mark Zuckerberg and Elon Musk have pledged to give away more than 90% of their wealth is Wrong as ...

Summary by Times of India
Tech News News: Billionaire Peter Thiel has said that The Giving Pledge – philanthropic initiative started by Bill Gates and Melinda French Gates in 2010, has fallen .

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The founder of PayPal and Palantir has stated in an interview that he has encouraged a dozen billionaires to withdraw their signature from an initiative by Warren Buffett and Bill Gates to donate their immense fortunes to good causes.

Billionaire Peter Thiel recently declared that "The Giving Pledge" is now outdated. Peter Thiel said: "They have managed to convince an incredible number of people to commit in the first four or five years, but the initiative has somehow lost its momentum." Thiel asked many people to reconsider their commitment to The Giving Pledge. "I strongly discouraged people from signing it, then I kindly encouraged them to give up their commitment to The G…

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Times of India broke the news in India on Tuesday, March 17, 2026.
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