Food app founder to give away half of wealth


“Ten years ago, when I was running a small company of less than 20 employees, I read an article about Bill Gates and Warren Buffett (pic) making the pledge and had a wild dream of one day making the pledge myself, ” Kim wrote in a statement. “It is very overwhelming that I am making such a pledge, today.”

SEOUL: The founder of South Korean food-delivery app Woowa Brothers Corp and his wife are the latest to sign the Giving Pledge initiative, vowing to donate at least half of their wealth.

With Kim Bong-jin and Bomi Sul, the number of signatories increased to 219, with contributors from 25 countries. Billionaires Warren Buffett, Bill Gates and his wife Melinda started the effort in 2010, urging the ultra-rich to give away most of their fortunes to philanthropy or charitable causes.

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