Billionaire Couple to Donate 95% of Their Fortune

A billionaire couple from Houston, Rich and Nancy Kinder, have announced they will donate 95% of their fortune, estimated at approximately 9 billion euros, to charitable organizations.

The donations will be distributed through the Kinder Foundation to educational initiatives, medical research institutions, and urban green spaces in Houston. Nancy Kinder stated that she wants their grandchildren to be proud of their actions.

The Kinder Foundation has already donated over 700 million euros to local projects. The Kinders are among the first to sign the Giving Pledge, committing to donate at least half of their wealth.

The Kinders' decision comes during a period of massive wealth transfer in the United States.

Source: iefimerida.gr