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    Tory Ashcroft to give away half his £1.2bn fortune

    ......but not to the Tories......

    Lord Ashcroft will sign up to the Giving Pledge, by which billionaires give away most of

    their wealth

    THE billionaire and Tory peer Lord Ashcroft is to pledge at least half of his £1.2bn fortune to

    charity as he joins a philanthropic movement led by Warren Buffett and Bill Gates, America's

    two richest men.

    The former Tory treasurer, who has given the party £10m but will not help to fund its general

    election campaign, will next month sign up to the Giving Pledge, a public commitment by

    billionaires to give away the majority of their wealth.

    Another six of Britain's super-rich have already made the pledge. Based on their current wealth

    the seven donors, including Sir Richard and Lady Branson, John Caudwell, and Michael Moritz

    and Harriet Heyman, have pledged a combined £3.7bn.

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