Craigslist founder says his inspiration for donating $450 million started in Sunday school: 'I should treat people like I want to be treated'.

The article focuses on billionaire Craig Newmark’s philanthropic commitments and the broader context of the Giving Pledge, an initiative encouraging the ultrawealthy to donate the majority of their fortunes. Newmark, founder of Craigslist, has pledged to give away most of his estimated $1.3 billion net worth to causes including military families, cybersecurity, election security, and pigeon rescue, reflecting personal values shaped early in life. The Giving Pledge, started in 2010 by Bill Gates, Melinda French Gates, and Warren Buffett, has over 250 signatories but faces criticism for its voluntary, non-binding nature and limited enforcement, with some signers accumulating more wealth rather than donating as promised. The article also briefly mentions philanthropist MacKenzie Scott’s motivations for giving and notes skepticism about the Pledge’s effectiveness among some billionaires. [Extracted from the article]