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flag The Giving Pledge's popularity is fading as billionaires withdraw amid scrutiny over transparency and political ties.

flag The Giving Pledge, founded by Warren Buffett and Bill Gates in 2010, is seeing a sharp decline in new signups, with only four billionaires joining in 2024 and 43 in the past five years. flag Once a high-profile movement, it now faces waning interest among American billionaires, amid growing skepticism over its influence, transparency, and political ties. flag Criticism has intensified due to the Gates Foundation’s associations with Jeffrey Epstein, funding for controversial social initiatives, and perceived political agendas. flag Buffett has ended donations to the foundation and cut ties with a linked donor network, while some signatories have withdrawn. flag Despite rising global billionaire wealth, the pledge’s appeal has diminished, reflecting broader public distrust in elite philanthropy.

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