Sure to send Smithian scholars into a tizzy, Mark Zuckerberg has joined a growing number of ambitious entrepreneurs who've agreed to give the majority of their wealth to charity. The Facebook founder
has signed onto the "Giving Pledge," which asks its signatories to commit publicly to give away the majority of their wealth relatively early in their lives, according to The Wall Street Journal
Other billionaires on the list include AOL co-founder Steve Case,
investor Carl Icahn and former junk-bond king Michael Milken. As The Journal reports, "The Giving Pledge is an effort organized by software mogul Bill Gates and investor Warren Buffett to persuade the
world's rich to boost their giving." In a video prepared by the Giving Pledge, Zuckerberg says, "There's so much that needs to be done, it would be better to start now." Zuckerberg, worth an estimated
$6.9 billion at 26, recently pledged to give up to $100 million to public schools in Newark.
Read the whole story at The Wall Street Journal »