08-17-2011, 12:28 AM
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Confirmed User
Join Date: Jun 2010
Posts: 349
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Quote:
Originally Posted by IllTestYourGirls
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Buffett to Give Bulk of His Fortune to Gates Charity
Warren E. Buffett, the chairman of Berkshire Hathaway Inc. and one of the world's wealthiest men, plans to donate the bulk of his $44 billion fortune to the Bill & Melinda Gates Foundation and four other philanthropies starting in July.
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Mr. Buffett plans to give away 85 percent of his fortune, or about $37.4 billion, all in Berkshire stock. Of that amount, he will channel the greatest share, about $31 billion, into the Gates Foundation. The Gates Foundation, dedicated to improving health and education, especially in poor nations, is already the United States' largest grant-making foundation, with current assets of almost $30 billion.
http://www.nytimes.com/2006/06/26/bu...26buffett.html

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