Bill Gates followed the example of Warren Buffett and together they have established ’The Giving Pledge’ - an agreement between millionaires and billionaires. Its members declare that they are going to give their money to charity by signing a pledge. The Bill & Melinda Gates Foundation has already gotten the biggest part of their signatories wealth, which is more than $78 billion, the foundation will get the rest of the money after their signatories pass. According to the founder of Microsoft, children should work and understand how important labor is.