One of the billionaire bosses of one of Australia's most successful start-ups says he'll give away half of his $7 billion fortune.The co-founder of software company Canva, Cameron Adams has signed up to tycoons Bill Gates, Melinda Gates and Warren Buffett's The Giving Pledge, along with his wife, Lisa Miller the AFR reports.
Share this @internewscast.com

One of the billionaire bosses of one of Australia’s most successful start-ups says he’ll give away half of his $7 billion fortune.

Co-founder of software company Canva, Cameron Adams has signed up to tycoons Bill Gates, Melinda Gates and Warren Buffett’s The Giving Pledge, along with his wife, Lisa Miller the AFR reports.

The Giving Pledge is a promise by the world’s wealthiest people to dedicate the majority of their wealth to charitable causes.

One of the billionaire bosses of one of Australia's most successful start-ups says he'll give away half of his $7 billion fortune.The co-founder of software company Canva, Cameron Adams has signed up to tycoons Bill Gates, Melinda Gates and Warren Buffett's The Giving Pledge, along with his wife, Lisa Miller the AFR reports.
The co-founder of software company Canva, Cameron Adams has signed up to tycoons Bill Gates, Melinda Gates and Warren Buffett’s The Giving Pledge, along with his wife, Lisa Miller (Louie Douvis)

The couple has also joined the London-based non-profit organization, Founder’s Pledge, with a commitment to donate 25 percent of their fortune over the next five years.

“We are particularly fond of the structured method that the Founder’s Pledge employs in its philanthropy—it’s a constructive habit to incorporate into our standard practices,” he mentioned to the newspaper.

“The vast majority of our wealth is still embodied in Canva, so as it continues to grow so does our potential impact.

“We feel an immense responsibility to put the value of Canva back into serving our communities and the world.”

In the last few years, the couple has already donated “tens of millions” to support biodiversity causes and climate start-ups, the paper reported.

Canva founders
Adams, right, is Chief Product Officer of the company, which he started with Melanie Perkins and Cliff Obrecht. (Nine)

They are especially interested in environmental causes, and former zoologist Miller already runs “nature positive” financier, Wedgetail.

“Lisa’s experience as a zoologist and her tenure at the Australian Museum provide her with strong connections in this field. Her passion for animals and the environment has influenced me and our entire family,” Adams stated.

“Our focus really crystallised during the devastating 2019 east coast bushfires when we read that an estimated three billion animals died or were displaced,” he said.

“That was a pivotal moment for us to start putting our plans together, and it inspired Lisa to focus full-time on establishing Wedgetail and regenerative work.”

Adams is the Chief Product Officer of the company, which he started with Melanie Perkins and Cliff Obrecht.

It offers online design tools and was launched in 2013.

The other founders are also giving away much of their wealth via The Giving Pledge. Last year they handed out $19 million.

Share this @internewscast.com
You May Also Like
A circular structure found inside the lost city.

Archaeologists Unearth Ancient City in Peru Dating Back 3,800 Years

An ancient, lost city dating back to between 1800 and 1500 BC…

Donald Trump Criticizes Elon Musk’s New Political Party as ‘Ridiculous’

United States President Donald Trump has criticized Elon Musk’s intentions to establish…

Advocates Call for Greater Awareness and Understanding of Motor Neurone Disease

A rare debilitating disease that eats away at the nervous system to…

Innovative Solution Unveiled to Address a Major Cause of Death in Australia

Lung cancer is Australia’s fifth most diagnosed cancer, but causes the greatest…
Hannah Thomas

New South Wales Police Dismiss Riot Charges Against Injured Protester Hannah Thomas

NSW Police will dismiss a charge against Greens candidate Hannah Thomas after…
A zoo keeper is having emergency surgery in hospital being "grabbed" by a big cat at a zoo in southern Queensland.Emergency services were called to Darling Downs Zoo in Pilton, south of Toowoomba, this morning after the woman was attacked in an enclosure by one of the big cats.

“Tragic Event: Zoo Reports Owner’s Family Member Lost Arm in Lioness Encounter”

Emergency crews responded to an incident at Darling Downs Zoo in Pilton,…

Coroner Finds Kumanjayi Walker’s Death Avoidable and Highlights Rolfe’s Tendency for Unnecessary Force

Warning: this article contains distressing and violent content and the photo of…
Onlookers tried to take selfies of mushroom killer during murder trial

Bystanders Attempt to Snap Selfies of Suspected Mushroom Poisoner During Court Proceedings

The trial of Erin Patterson, known for the mushroom murder case, garnered…

Over 50% of Senior Australians Support Labor’s $3 Million Superannuation Tax Proposal

More than half of older Australians support increasing taxes on high superannuation…

Key Issues in Australian Childcare That a Male Ban Can’t Solve

Horrific allegations of abuse have put a spotlight on the childcare sector…
New South Wales was battered last night by an unseasonal storm that unleashed 100,000 lightning strikes across the state.

Unusual Storm Hits NSW with Intense Lightning and Large Hailstones

New South Wales was battered last night by an unseasonal storm that…

Minister Burke Calls Synagogue Arson ‘An Attack on Australia’; Israeli Prime Minister Urges Swift Response

Home Affairs Minister Tony Burke expressed his relief at the swift arrest…