2nd Richest Man Gives Away His Fortune
The world’s second richest man, Warren Buffett – who’s now worth $44 billion – will start giving away 85% of his wealth in July – most of it to the Bill & Melinda Gates Foundation!
“Buffett has pledged to gradually give 85% of his Berkshire stock to five foundations. A dominant five-sixths of the shares will go to the world’s largest philanthropic organization, the $30 billion Bill & Melinda Gates Foundation, whose principals are close friends of Buffett’s (a connection that began in 1991, when a mutual friend introduced Buffett and Bill Gates). The Gateses credit Buffett, says Bill, with having ‘inspired’ their thinking about giving money back to society. Their foundation’s activities, internationally famous, are focused on world health — fighting such diseases as malaria, HIV/AIDS, and tuberculosis — and on improving U.S. libraries and high schools.”
Wow. Gotta give Buffett credit! The great thing about being rich, and having made it yourself… you know how you did it, and you can do it again if need be! Kudos to Mr. Buffett! I trust his contributions will be well used!