Designer Dish. DVF Gives Back in a Big Way

August 5, 2010 • Fashion

Diane von furstenberg
Diane Von Furstenberg

All those wannabe billionaires out there should take note of DVF. The legendary princess, designer, and style icon Diane Von Furstenberg has succeeded in making us love her more by promising to give away half of her fortune to the Giving Pledge – an initiative set up by Bill Gates and investor Warren Buffett to encourage America's richest families to donate money to society's most serious problems.

Although the pledge is not legally binding, all the billionaire participants have agreed to give away the majority of their wealth during their lifetime or after they die with a letter explaining why. According to the Guardian, so far, 70 out of the 80 individuals approached have signed up to the cause. Participants can choose where they wish to donate their wealth. Bravo, America!

Other donors include Furstenberg's husband Barry Diller, New York mayor Michael Bloomberg, director George Lucas and banker David Rockefeller.

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-Alia Rajput

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