Buffett Donates 85 Percent of $37 billion to Charities
"NEW YORK (Reuters) - Billionaire investor Warren Buffett is donating a total of $37 billion -- most of his personal fortune -- to a foundation started by Microsoft Chairman Bill Gates and to several family foundations, making it the largest-ever individual charitable gift in the United States.I don't know if he's prepared for what will happen to him after death, but I know he's aware of one thing: not a penny of it is going with him.
Buffett, 75, is the chief executive of investment firm Berkshire Hathaway. He is worth an estimated $44 billion, according to Forbes magazine, making him the second-richest man behind Gates, who is worth about $50 billion.
The $37 billion comprises about 85 percent of Buffett's fortune."
[Full story here]
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Labels: David C. Price
posted by DAVID C. PRICE at 6/26/2006 07:10:00 AM
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1 Comments:
And I am quite prepared to divulge details of my ban account if it will further help Mr Buffett's eternal cause...
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