You are allowed to join the "The Giving Pledge" club if you are worth more than $1B and pledge to donate at least 50% of your wealth in your life time or in your will as in tonight's CBS "60 Minutes". Top 400 wealthiest Americans are worth the total sum of all bottom half of Americans. But many of them are willing to donate their wealth for philanthropic purposes (Bill Gates donates 95% and Warren Buffet donates 99%). It probably will take many years to change the mindsets of Chinese wealthiest to dedicate themselves for philanthropy instead of showing off their wealth and passing it to their sons/daughters.
http://www.cbsnews.com/8301-18560_162-57612677/the-giving-pledge-a-new-club-for-billionaires/?pageNum=2
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