In this picture: New York City Mayor Michael Bloomberg speaks to supporters after his election win in New York.
Images of the billionaires who have pledged to give at least 50 pc of their wealth to charity.
Here are some excerpts from letters written by billionaires taking the pledge:
New York City Mayor Michael Bloomberg: "If you want to do something for your children and show how much you love them, the single best thing -- by far -- is to support organizations that will create a better world for them and their children. And by giving, we inspire others to give of themselves, whether their money or their time."
Microsoft founder Bill Gates and wife MelindaIn this picture: Microsoft Chairman Bill Gates and wife Melinda watch the swimming finals at the National Aquatic Centre during the Beijing 2008 Olympic Games.
Microsoft founder Bill and Melinda Gates: "We have been blessed with good fortune beyond our wildest expectations, and we are profoundly grateful. But just as these gifts are great, so we feel a great responsibility to use them well. That is why we are so pleased to join in making an explicit commitment to the Giving Pledge."
In this picture: Berkshire Hathaway chairman Warren Buffett talks with a reporter at the Berkshire Hathaway annual meeting in Omaha.
Gates and Buffett launched "The Giving Pledge" in June to convince hundreds of US billionaires to give away most of their fortune during their lifetimes or after their deaths and to publicly state their intention with a letter of explanation.
In this picture: Turner Enterprises Inc. Chairman Ted Turner participates in the "Ted Turner and T Boone Pickens on America's Energy Future" panel at the 2010 Milken Institute Global Conference in Beverly Hills, California.
Media magnate Ted Turner: "I'm particularly thankful for my father's advice to set goals so high that they can't possibly be achieved during a lifetime and to give help where help is needed most. That inspiration keeps me energized and eager to keep working hard every day on giving back and making the world a better place for generations to come."
In this picture: Philanthropist Eli Broad speaks during the MOCA (Museum of Contemporary Art) New 30th anniversary gala in Los Angeles.
Philanthropist Eli and Edythe Broad: "Those who have been blessed with extraordinary wealth have an opportunity, some would say a responsibility -- we consider it a privilege -- to give back to their communities, be they local, national or global."
In this picture: Director George Lucas arrives on the red carpet for the screening of the film Wall Street - Money Never Sleeps during the 63rd Cannes Film Festival in Cannes.
Moviemaker George Lucas: "My pledge is to the process; as long as I have the resources at my disposal, I will seek to raise the bar for future generations of students of all ages. I am dedicating the majority of my wealth to improving education."
David Rubenstein, co-founder of The Carlyle Group, gives an interview after speaking at the Newseum in Washington.
EBay founder and chairman Pierre Omidyar enters the courthouse to testify in the eBay versus Craigslist trial at the Chancery Court in Georgetown.
In this picture: Peter Peterson, Senior Chairman of the Blackstone Group, talks before US President George W Bush's speech at the Economic Club of New York.
Peter Peterson, founder of Blackstone Group equity firm: "As I watched and learned from my father's example, I noticed how much pleasure his giving to others gave him. Indeed, today, I get much more pleasure giving money to what I consider worthwhile causes than making the money in the first place."
Paul Allen, Microsoft co-founder Paul Allen, Microsoft co-founder and the world's fourth richest man according to Forbes Magazine, speaks to the media after he announced plans to build a $ 20 million science fiction museum adjacent to his Experience Music Project, in Seattle, Washington.
Business magnate David RockefellerIn this picture: Business magnate David Rockefeller listens to a question at a press conference attended by South African President Nelson Mandela following a meeting with Uniited States business leaders at Rockefeller Center in New York.
David Rockefeller, patriarch of the Rockefeller family: "Our family continues to be united in the belief that those who have benefited the most from our nation's economic system have a special responsibility to give back to our society in meaningful ways."
Jeff Skoll, former eBay executive
In this picture: Former eBay President and film producer Jeff Skoll arrives at the Independent Spirit Awards in Santa.
Jeff Skoll, former eBay executive: "The world is a vast and complicated place and it needs each of us doing all we can to ensure a brighter tomorrow for future generations."
Barry Diller, chairman and CEO of IAC/InterActivecorp, and his wife Diana von Furstenberg arrive at the Sun Valley Inn in Sun Valley, Idaho.
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