CEOs of DoorDash, Pinterest Join Giving Pledge, Say They'll Donate Over Half Their Fortunes

Charitable campaign The Giving Pledge announced Tuesday that another 14 billionaires are promising to donate more than half their wealth.

Among the new members announced are Tony Xu, CEO and co-founder of DoorDash, as well as Ben Silbermann, CEO and co-founder of Pinterest.

The Giving Pledge is a promise by some of the world's wealthiest individuals that they will dedicate the majority of their fortunes to charitable causes. With the 14 new members added, the total number of signatories rose to 231 from 28 countries.

Bill Gates, Melinda French Gates and Warren Buffett started the campaign in 2010.

"I've always believed that if you're in a position to help somebody, you should do it," Gates said in a statement, adding that the 14 new members will "continue to learn from each other and find new ways to maximize the positive impact of our philanthropy."

Each billionaire philanthropist can decide which cause or causes to dedicate their wealth to. For example, Jon Ayers, former CEO of IDEXX Laboratories, and his wife, Helaine, had already pledged $20 million over the next decade to Panthera, an organization dedicated to preserving big cats and their environments.

Ayers is the chairman for Panthera, and he and his wife have been the world's biggest private supporters of lion conservation. Through signing The Giving Pledge, the two plan to donate even more to the cause.

"I think it's a commitment of not just money, but it's a commitment of time to be good," Ayers said. "I think it's a very, very important responsibility."

Tony Xu, Patti Bao, DoorDash, CEO
Tony Xu, the CEO and co-founder of DoorDash, and his wife, Patti Bao, are among 14 new signatories of The Giving Pledge, a campaign for the world's richest people to donate more than half of their wealth to charitable organizations. Above, Xu and Bao attend the 2020 Breakthrough Prize Ceremony at NASA Ames Research Center on November 3, 2019, in Mountain View, California. Photo by Taylor Hill/Getty Images

Ayers, who became a quadriplegic after a bicycling accident in 2019, said that his work in trying to protect wild cats, who are vital to their ecosystems, has become inspirational to him.

"The challenges of my condition are pretty significant," he said. "It's not an easy condition to endure, but, by having a purpose, it helps me be excited every day."

This year's new Giving Pledge philanthropists include Xu and his wife, Patti Bao; Silbermann and his wife, Divya; and Melanie Perkins and Cliff Obrecht, co-founders of design platform Canva.

Other new Giving Pledge philanthropists have found important causes for them.

Jack Schuler, former president of Abbott Laboratories and a founding investor of Ventana Medical Systems, and his wife, Renate, plan to give all of his wealth to the Schuler Education Foundation that he founded to help send underserved students to selective colleges.

Jared Isaacman, CEO of Shift4 Payments, and his wife, Monica, signed the pledge after Isaacman made a $100 million commitment to St. Jude Children's Research Hospital. He helped raise millions more for St. Jude through a three-day private spaceflight in September for himself and three other space tourists.

India's Anil Agarwal, the Netherlands' Steven Schuurman, Brazil's David Vélez and Mariel Reyes, and the South Korean couples Bongjin Kim and Bomi Sul, and Miseon Hyeong and Beom-su Kim, also committed to The Giving Pledge. Americans Ric and Brenda Elias, Jeff T. Green, and Byron and Tina Trott also signed it in 2021.

"I'm inspired to see how The Giving Pledge has grown into a movement of over 230 philanthropists from around the world who are committed to giving away the vast majority of their wealth to address some of the most pressing issues in our society," French Gates said in a statement.

The Associated Press contributed to this report.

Jon Ayers, Panthera
Jon and Helaine Ayers announced that they signed The Giving Pledge on December 14, 2021, and plan to give away more than half of their wealth. They plan to increase the $20 million pledge they made earlier in the year to the global wild cat conservation organization Panthera. Above, in this undated photo provided by Susan Sheppard, the Ayerses pose for a picture. Hejung Kim/Courtesy of Susan Sheppard via AP