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The Worlds Largest Charity Donation...

One news story jumped right out at me this morning.

William Buffett is donating $37 BILLION Dollars to the 'Bill & Melinda Gates Foundation"!!!

That's the equvilant of 88% of Buffetts entire wealth (he's got an estimated $42 billion personal fortune). OK, so it still leaves him $5 billion which is more than you need to live on, but you don't see many other billionaires or millionaires doing that.

Well done to the guy.

Buffett Donates $37bn To Charity (BBC Online News; Monday 26th June 2006)

Comments

( 3 comments — Leave a comment )
davywavy
Jun. 26th, 2006 09:54 am (UTC)
I recall Bill Gate's stating that it is his agenda to give away his entire fortune before he dies - he's planning to leave his kids only $5m each. People might not like him, but anyone who'se prepared to spend US$50-60bn of their own money on eradicating malaria and Polio has to be all right...
oldson
Jun. 26th, 2006 01:32 pm (UTC)
At the stage where you have enough to comfortably live on, all excess becomes something which you have to do something with, better to put it to good use than merely fritter it away.
davywavy
Jun. 26th, 2006 01:34 pm (UTC)
George Best: "Most of my money I spent on wine, women and song. The rest I just wasted."
( 3 comments — Leave a comment )

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