- Epic CEO and founder Judy Faulkner has promised to donate more than 99% of her estimated net worth of $2.8 billion to charity.
- Faulker has joined The Giving Pledge, an organization established in 2010 by Warren Buffet and Bill Gates to encourage billionaires to give away at least half of their fortunes to charitable causes. The pledge started with 40 U.S. families and now has more than 137 from 14 countries.
- Money from Faulkner's Epic shares will go into a foundation to address issues such as disparities of care.
Epic clocked in 2014 revenues of $1.8 billion.
"My goal in pledging 99% of my assets to philanthropy is to help others with roots—food, warmth, shelter, healthcare, education—so they too can have wings," said Faulkner in a May 2015 letter. The Pledge members recently convened for the Annual Gathering to discuss topics such as leveraging philanthropy to drive women's opportunities in the economy, solve environmental issues, and philanthropy's role in scientific and medical research.
Classy move, Judy.