A Rising Tide of Philanthropy With 'The Giving Pledge'

 "The Giving Pledge," made public by Bill and Melinda Gates and Warren Buffett four years ago, has already attracted 127 billionaires who have pledged to give at least half of their wealth to philanthropic causes.

CBS News spoke to some of them as well as those behind the initiative. "We don't find a lot of people that say, 'I want to join if it was 40 percent,'" says 83-year-old Buffett in "The Giving Pledge," which was rebroadcast as part of the channel's "60 Minutes" show on Sunday.

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