Professor to give away half of future earnings

An ethics pro­fes­sor from Oxford says he will give away 1 mil­lion dol­lars in future earn­ings to fight global poverty. The give away will be over half of his future salary.

From the Daily Mail, we hear from Dr Tory Ord on his rea­sons for doing this.

Dr Toby Ord, an aca­d­e­mic at Oxford Uni­ver­sity, will give up 10 per cent of his annual salary, plus any yearly earn­ings above £20,000 for the rest of his career.

He cal­cu­lated he should earn about £1.5 mil­lion and said he realised that if he was to con­tinue liv­ing mod­estly he would be able to give away £1 mil­lion of this to help others.

Today’s launch of his Giv­ing What We Can soci­ety will encour­age oth­ers to do the same, he said.

Dr Ord, a 30-year-old research asso­ciate at Oxford’s Future of Human­ity Insti­tute, said: ‘Life on my cur­rent income is very good.

If I spent the extra money on myself I could go on hol­i­day more often, get an iPhone, eat out at expen­sive restau­rants. It would be nice, but not all that much better.

So I have a choice between greatly improv­ing the lives of tens of thou­sands of peo­ple or adding a few extras to my life. Put like that, it is an easy choice.

Once you get used to the idea, it is actu­ally not much of a burden.

Read more: http://www.dailymail.co.uk/news/article-1227766/Ethics-professor-pledges-away-1million-lifetime-earnings-help-fight-poverty-developing-world.html?ITO=1490&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+dailymail%2Fhome+%28Home+%7C+Mail+Online%29#ixzz0WqWabtLT

This article is from Poverty News Blog: http://feedproxy.google.com/~r/blogspot/EOch/~3/WgloGLGcImQ/professor-to-give-away-half-of-future.html




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