March 17, 2021 11:55
Kakao founder Kim Beom-su has officially joined the Giving Pledge campaign started by Microsoft founder Bill Gates after promising to donate more than half of his wealth to charity last month.
Kim follows in the footsteps of Woowa Brothers founder Kim Bong-jin, who last month became the first Korean tycoon to join the campaign that encourages the world's wealthiest people to donate their wealth to philanthropic causes.
The Kakao founder said in a letter to the charity on Tuesday, "A young man that once dreamed of becoming an entrepreneur after reading a feature article on Microsoft's 20th anniversary in 1995, now awaits to join the Giving Pledge. I feel a thrilling excitement as I did then."
"We, my wife [Hyeong Mi-seon] and I, would like to extend our sincere gratitude and respect to Bill and Melinda Gates and Warren Buffett for providing us with this meaningful opportunity of generous giving, as well as to all those who have taken the pledge before us."
"After having achieved the wealth that I had aimed for, I was left feeling rudderless and lacking direction in life," Kim added. "It was around this time I came across the poem, 'What is Success' attributed to Ralph Waldo Emerson. The poem game a sense of guidance on how I should navigate my pursuits going forward."
Kim said he intends to direct his donation to solving social issues in areas that businesses cannot reach.
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