Statement from Ted Forstmann

For many years I’ve been quietly doing my own version of “the giving pledge” trying to help disadvantaged children around the world. I’ve always believed that you don’t really talk about giving; you just do it.

However, Mayor Bloomberg convinced me that by lending my name to “The Giving Pledge” it would help encourage others to participate and would result in helping many needy causes.

I’ve tried to live by the motto “you save one life and you save the world.” I hope that by joining “The Giving Pledge” it will encourage others to do the same.