Buffett gives away his fortune to Gates foundation

The world’s second richest man, Warren Buffett, is giving away 85 per cent of his wealth mostly to a charity run by the world’s richest man, Sir William Gates III.Buffet, who is worth more than $44 billion, was Gates’ role model and the two have become close friends since they first met in 1991.

Warren Buffett

According to Fortune magazine, Buffett will give away his Berkshire Hathaway fortune to charity, something he’d previously promised to do after he croaked.

The Bill & Melinda Gates Foundation will get $37 billion. Buffett says that they inspired him into thinking about giving money back to society. Buffett will be joining them as trustees of the Foundation.

More here.

Dear Mr. Buffett,

as a part of the society you’re thinking of I would suggest to give $10 million to me. That’s only 0.023 % of your fortune, you wouldn’t even notice it!

Here’s a more plastic view:

$44.00 billion –
$10.12 million (0.023 %)
$43 989 880 000 still left 😉


One Response to Buffett gives away his fortune to Gates foundation

  1. Salocin says:

    Philanthropy for pragmatists…

    The Bill and Melinda Gates foundation just benefited from a donation of $37bn from Warren Buffett, the chairman of Berkshire Hathaway, and arguably the world’s most successful investor. Aside from the fact that this donation dwarfs any other donation …

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