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Ukrainian tycoon pledges half fortune for charity

Viktor Pinchuk, the Ukrainian metals and media tycoon who is the country's second-richest man, said on Tuesday that he would give at least half of his estimated $3.7 billion (2.7-billion-euro) fortune to charity. Pinchuk, 52, becomes the first national from ex-Soviet Ukraine to join the effort by Bill Gates and Warren Buffett to encourage the world's richest people to share their wealth. Pinchuk said he felt it was his duty to invest at least half of his fortune in education, healthcare and the arts.
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