Buffett gives away his fortune to Gates
Second richest man gives it all away to charity
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. ยต
Share this:
Share
Comments
Advertisement
Subscribe to the INQ Newsletter
Sign-up for the INQBot weekly newsletter
INQ Whitepapers
Business Intelligence Software
Customer Relationship Management (CRM)
Enterprise Accounting Software
Enterprise Resource Planning (ERP)
Enterprise Systems Management
Jobs
Advertisement
INQ Poll
