A dozen billionaires from Europe, Australasia and Africa have joined the world’s most elite club by publicly committing to give away at least half of their fortunes philanthropically.
Azim Premji of India and Hasso Plattner of Germany, who are software magnates, and Vladimir Potanin, the Russian mining oligarch, are among 12 business people and their spouses who have joined 92 Americans in the Giving Pledge, which includes people collectively worth $500bn.
The commitments come at a time of international debate over tax avoidance by companies and individuals and the moral responsibility of the wealthy to give back to society.
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