Many wealthy citizens have only used their wealth to enrich themselves and their families. It is nice to see someone that is focused on making the world a better place.
New startup companies can take the 1% pledge and give 1% of their resources to support integrating philanthropy into their business from an early stage.
Phil Levin, CEO of Evernote, I think had it right when he said "CEOs should think of building a 100-year startup." CEOs have to continually innovate and take a startup mentality to remain relevant.