Billionaires John, Laura Arnold to give 5% of wealth yearly

This undated photo provided by Arnold Ventures shows Laura and John Arnold. The billionaire philanthropists committed Monday, April 5, 2021, to donate 5% of their wealth annually as part of an effort to encourage increased, timelier donations to charities. The Arnolds are the first billionaires to sign on to the advocacy organization Global Citizen's "Give While You Live" campaign, which calls on the world's billionaires to give at least 5% of their wealth every year to a cause.