by Mitch Kokai
Senior Political Analyst, John Locke Foundation
Sure, David Geffen is a down-the-line liberal. He was a friend of Bill Clinton’s and an early (2004) supporter of Barack Obama, and Geffen says now that he “absolutely” would support a Hillary Clinton bid for the White House in 2016. Still, a new Fortune magazine interview with Geffen offers some interesting tidbits, including his assessment of Warren Buffett‘s philanthropic association with Bill Gates.
Did you join the Giving Pledge of Warren Buffett and Bill Gates?
No, because I don’t believe in it. It’s grandstanding: You’re just saying you’re going to do it. There’s no legal obligation. I know more than one member of the club who’s told me, “Well, you’re not actually required to give anything away, but you look good.”
Do you get pressure to join?
Yes. From Gates. At his house when he invited me to come up to talk about it recently.
What will you do with your wealth?
I intend to give every nickel away. I’m just not joining some club of rich people in which to do so. Actions speak louder than words. If you’re going to give it away, then give it away. And do it when you’re alive.