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Archive Home > 2010 > August > 05 > Ultra-rich Americans pledge to give half of assets to charity

Ultra-rich Americans pledge to give half of assets to charity

By Brandon Bailey / The Bulletin
August 5, 2010

SAN JOSE, Calif. — In a highly unusual joint statement, 40 of the nation’s wealthiest individuals — including Oracle CEO Larry Ellison and “Star Wars” filmmaker George Lucas — said Wednesday they will give at least half of their assets to charity.

Based on estimates of the participants’ wealth,....

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