Billionaires Giving Back

While some fat cats like to use their money to buy an excess of yachts, Ferraris and mansions, others like to see their fortunes put to good use.

Billionaires Warren Buffet and Bill Gates have both pledged to donate more than half of their massive wealth to charity and are persuading others to make the same commitment through their promissory group, The Giving Pledge.

Here Buffet, the chairman of Berkshire Hathaway Inc., and Gates, the chairman of Microsoft Corp., are pictured while flipping over Dairy Queen Blizzard treats at the branch opening in Beijing on Sept. 30, 2010. The popular dessert franchise is owned by Buffet.

Credit: FREDERIC J. BROWN/AFP/Getty Images