Jump to content
The Inquirer-Home

Buffett gives away his fortune to Gates

Second richest man gives it all away to charity
By Nick Farrell
Monday, 26 June 2006, 08:33
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.

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 $30 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. µ

Share this:

Comments

There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.

Advertisement
Subscribe to the INQ Newsletter
Sign-up for the INQBot weekly newsletter
Click here to sign up Existing user
INQ Whitepapers

Business Intelligence Software

Customer Relationship Management (CRM)

Enterprise Accounting Software

Enterprise Resource Planning (ERP)

Enterprise Systems Management

Jobs
Powered by INQJOBS
Advertisement
INQ Poll

Browsers

Who will win the next round of browser wars?

View other polls
Follow us:
Business & Technology websites:
Business research resources:
Products:
Investment Market IT websites:
Find out what you are worth:
Search for a job: