Billionaires bolt from Bill Gates’ scandal-scarred Giving Pledge as critics brand it ‘Epstein-adjacent’
By Ariel Zilber
Published on March 16, 2026.
The Bill Gates-backed Giving Pledge, a campaign urging billionaires to donate most of their fortunes to good causes, is facing backlash from critics who brand it 'Epstein-adjacent' and 'fake Boomer club' as it becomes intertwined with progressive politics. Critics, including billionaire Peter Thiel, who is not a signatory, have publicly urged other billionaires, including Elon Musk, to abandon the pledge. The pledge, which was launched in 2010 by Gates, Melinda French Gates and Warren Buffett, has been criticized for lacking teeth and for not tracking how much money signatories actually donate. Critics argue that many of the nonprofits and foundations favored by major donors reflect left-leaning priorities, raising questions about whether the pledge aligns with politically neutral charity. Some early supporters are reportedly rethinking their commitments.
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