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Sir Stelios Haji-Ioannou, founder of EasyJet has reportedly promised to give more than half of his £2bn personal fortune to charity after signing up to the Giving Pledge.
In a story first published by Forbes Magazine, Sir Stelios Haji-Ioannou, founder of budget airline EasyJet said he had signed up to the Giving Pledge after being inspired by the pledge’s founder and Microsoft owner Bill Gates.
The Giving Pledge was created in 2010 by Bill and Melinda Gates and American business magnate and philanthropist Warren Buffett.
In a letter accompanying his pledge, Haji-Ioannou wrote: “My belief is that nobody has a monopoly on good charitable ideas, and the problems in our world will never all go away.
Over 150 of the world’s wealthiest individuals have now signed up to the pledge.
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Monaco resident Sir Stelios Haji-Ioannou says he will donate £1bn to his own philanthropic foundationSir Stelios Haji-Ioannou, the founder of the budget airline easyJet, has pledged to give £1bn of his fortune to charity.
Haji-Ioannou has promised to donate half of his fortune to his own philanthropic foundation, the Stelios Philanthropic Foundation, which supports scholarships, environmental causes, entrepreneurships and poverty relief in Greece and Cyprus.
He said he felt that signing up to the Giving Pledge publicly would help to achieve two objectives.
Haji-Ioannou has signed up to the Giving Pledge, a campaign started by the Microsoft founder Bill Gates and the investor Warren Buffet to persuade wealthy individuals to give away large portions of their wealth to charitable causes.
Haji-Ioannou said that a personal call from Gates helped to persuade him to sign up to the campaign.
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EasyJet founder Sir Stelios Haji-Ioannou has signed up to Bill and Melinda Gates’ Giving Pledge and plans to give away the majority of his wealth
“Philanthropy is different around the world, but almost every culture has a long-standing tradition of giving back,” said Melinda Gates, co-chair of the Bill & Melinda Gates Foundation.
Rebecca SmithEasyJet founder Sir Stelios Haji-Ioannou is among the 14 new signatories to commit to the Giving Pledge, joining the echelons of the super-rich who intend to give away the majority of their personal wealth.
The Giving Pledge was set up by Bill and Melinda Gates and Warren Buffett, as a way to help society by encouraging the world’s wealthiest to give up the majority of their wealth to philanthropic causes.
Robert Frederick Smith – United States13.
Sir Stelios, who has set up a range of businesses under the “easy” brand, is worth an estimated £1.95bn according to the Sunday Times Rich List.