I am totally blown away by The Giving Pledge. For those of you unfamiliar with it:
"The Giving Pledge is a commitment by the world's wealthiest individuals and families to dedicate the majority of their wealth to philanthropy."
As of today, the site lists 107 of these folks who have made the pledge! That is so far beyond anything I would have expected. Many of these individuals are worth several billion dollars each. Bill Gates, Warren Buffet, Larry Ellison, Mark Zuckerberg, Michael Bloomberg, Ray Dalio, Carl Ichan, and 100 more. Just those few names alone are worth a couple hundred billion in net worth.
It is truly inspiring. Inspirational on the level of "there's still hope for humanity yet."
Philanthropy has always been important to me, but I haven't really been very active in this department. I used to have this limiting belief in my head where it didn't make sense for me to give anything now but rather make significantly larger donations "once I achieved success." Well, I learned the error of my ways thanks to people like Fred Wilson, Tony Robbins and Dean Jackson. Success isn't something that you can one day check a box and say, "yes, I have succeeded." And as a result, it doesn't make sense to wait for some arbitrary time in the future to be charitable.
You know what's cool? A billion dollars
A made this statement a few years ago to some friends and they looked at me like I was nuts (probably because it's partly true). I want to give away a billion dollars!
When I said it at the time, it was coming more from the space of, "Well, if I have a billion dollars to give away, then I must be doing alright." When I think about that statement now and look at what is going on with The Giving Pledge, I consider it the ultimate challenge. To put myself in a position where I can one day make such a big financial contribution to the philanthropic efforts of humanity.
It sounds nice. Right now, it doesn't mean anything as I haven't even crossed my first million off the list, but it's fun to have massive goals that are so far beyond the sense of reality. It keeps it interesting. Until then, I'll continue to contribute what I can with the goal of increasing those contributions every year for as long as I live.