How tech billionaires are turning on the Giving Pledge, promoted by Bill Gates and Warren Buffett; Peter Thiel says he privately told ~12 signers to undo it
Just a few months after Warren Buffett convened a series of high-end dinners across America to collect signatures for something called …
New York Times Theodore Schleifer
Related Coverage
- The billionaires made a promise — now some want out — In 2010, Warren Buffett … TechCrunch · Connie Loizos
- What Airbnb's CFO learned when the pandemic made trust a balance sheet decision Fortune · Ruth Umoh
- The ‘Giving Pledge’ Warren Buffett, Bill Gates Launched To Inspire Billionaire Philanthropy Is Losing Steam—Signups Drop From 113 To Just 14 In 2025 Benzinga
- Every Peter Thiel story is so outlandish that it sounds like anti-billionaire propaganda. — Why would you try to convince 12 different billionaires to cancel their plans to donate their wealth to charity, let alone brag about it publicly? — https://www.nytimes.com/... @carnage4life@mas.to · Dare Obasanjo
- Peter Thiel is actively convincing billionaires to abandon The Giving Pledge — and it's working Fortune · Jake Angelo
- Billionaires pledged to give away most of their money. Now there is a backlash Sydney Morning Herald · Theodore Schleifer
- Billionaires bolt from Bill Gates' scandal-scarred Giving Pledge as critics brand it ‘Epstein-adjacent’ New York Post · Ariel Zilber
- I'm sitting with this . . . with what it means for the sector, our organizations, and the movements we support. … Clare Gibson Nangle
Discussion
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@jason_kint
Jason Kint
on x
We need more MacKenzie Scott in the world and a lot less Peter Thiel. “He has his own Epstein ties, but he calls the Pledge an ‘Epstein-adjacent, fake Boomer club.’”
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@tyler_m_john
@tyler_m_john
on x
This was painful to read. The decay of charitable giving is one of the clearest indications of a collapsing notion of a collective good we are all striving toward. Can we ever get it back?
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@rcobooth
Rachel Cohen Booth
on x
“The value proposition has changed because the erosion of general trust, the polarization of everything... You're more likely to be criticized for giving large amounts of money away now than praised. That probably wasn't as true 15 years ago” https://x.com/...
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@teddyschleifer
Teddy Schleifer
on x
I spent the last few months talking to people around The Giving Pledge about a bygone era of philanthropy. There is an attack campaign against the Pledge led by none other than Peter Thiel. My reported essay for NYT Sunday Business is out today. [image]
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@helaineolen
Helaine Olen
on x
Consider the backpedaling by billionaires on The Giving Pledge a reminder that not only can't voluntary charity substitute for taxation, it was a scam to ever consider it an adequate substitute for taxation.
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@amandakhurley
Amanda Kolson Hurley
on bluesky
Philanthropy is never going to solve all our problems or replace taxes and good policy. But it seems bad that the very concept is now derided by the megarich www.nytimes.com/2026/03/15/b...
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@bensoskis
Benjamin Soskis
on bluesky
A good piece from @teddyschleifer.bsky.social on the rise & fall of the Giving Pledge. This is a moment of exhaustion, cynicism & disillusionment wrt to large-scale giving. But I still think an imperfect set of philanthropic norms are better than none at all. — www.nytimes.co…
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@tamslick
Tamara Keel
on bluesky
Every billionaire is a failure of public policy. — www.nytimes.com/2026/03/15/b...
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@jvagle.me
Jeffrey Vagle
on bluesky
Peter Thiel is “strongly discouraging” fellow billionaires from signing the philanthropic Giving Pledge because the money will go to “left-wing nonprofits.” — Another Exit, Voice, Loyalty moment from tech ideologues. — www.nytimes.com/2026/03/15/b...
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@donmoyn
Don Moynihan
on bluesky
It is undeniable that there is a) both extraordinary new concentrations of wealth and b) those benefiting don't want to share it any way. — The “Giving Pledge” was a nod to some form of social contract. Now, billionaires are walking away from it. — www.nytimes.com/2026/03/15…
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@jeffjarvis@mastodon.social
Jeff Jarvis
on mastodon
As a trend story, this could have been recast as the ungenerous greed of the right-wing billionaire class. So tax them. — The Billionaire Backlash Against a Philanthropic Dream https://www.nytimes.com/...
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@mattzeitlin
Matthew Zeitlin
on x
the disillusionment with the giving pledge speaks to, i think, many billionaires not being very engaged with their giving and not really taking it seriously. there's bill gates and john arnold, but then everyone else seems to do philantroslop (universities, well known orgs etc)
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@jerusalemdemsas
@jerusalemdemsas
on x
Thiel is a world historic villain. Hard to overstate his negative impact on humanity.
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@angie_rasmussen
Dr. Angela Rasmussen
on x
Here's the trouble with just saying it's cool for billionaires to run things because billionaires: they start lobbying against insufficiently fascist philanthropy & also pretending “Left Behind” antichrist shit is now cutting edge philosophy for the intellectually stunted
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@panickssery
Arjun Panickssery
on x
I don't think Elon should give half his money to charities he doesn't control there's also no time in the past where (in hindsight) it would be better if he had Gates has done good but will struggle to spend down the money before he dies thiel is right about left-wing capture
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@artemisconsort
Hunter Ash
on x
So many of the nonprofits undermining our civilization were set up and funded by businessmen who'd be horrified by what they're doing today. No one should give them more power.
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@mualphaxi
Maxwell Meyer
on x
Strong.
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@chrispainteryup
Chris Painter
on x
What's the point of encouraging people to “un-sign” The Giving Pledge? Don't you literally choose what to donate to under the pledge?
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@rokomijic
Roko
on x
Thiel is my hero
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@teddyschleifer
Teddy Schleifer
on x
Peter Thiel tells me that he has had a dozen private conversations recently with signers of The Giving Pledge, encouraging them to “un-sign it.” [image]
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@timothypmurphy
Tim Murphy
on bluesky
Peter Thiel has a very Peter Thiel reaction to the Giving Pledge, but the underlying premise just does not hold up over time www.nytimes.com/2026/03/15/b...