Nice Work Buffett
People are often quick to sledge Bill Gates. And usually, rightly so. Let's face it. Microsoft products aren't exactly quality goods. But I often forgive old Billie boy because of his charity work. From education grants to investing in cures for malaria, the Bill and Melinda Gates Foundation is always there to lend the largest helping hand. Now the old investor Warren Buffett shares the wealth:
Warren Buffett, the world's second richest man, today announced plans to give away 85 per cent of his estimated $US44 billion ($A60.05 billion) wealth to charity.
Most of the donations will go to a foundation run by Bill Gates, the wealthiest man on the planet.
The shares will go to five foundations. But more than 83 per cent of the stock will go to the Bill and Melinda Gates Foundation, which already has a kitty of about $US30 billion ($A40.94 billion) used to pay for medical research and give educational grants.
Buffett and the Gates' are close friends.
Glad the money won't be financing another "Creationism" museum in the States. Hats off to Buffett.
Warren Buffett, the world's second richest man, today announced plans to give away 85 per cent of his estimated $US44 billion ($A60.05 billion) wealth to charity.
Most of the donations will go to a foundation run by Bill Gates, the wealthiest man on the planet.
The shares will go to five foundations. But more than 83 per cent of the stock will go to the Bill and Melinda Gates Foundation, which already has a kitty of about $US30 billion ($A40.94 billion) used to pay for medical research and give educational grants.
Buffett and the Gates' are close friends.
Glad the money won't be financing another "Creationism" museum in the States. Hats off to Buffett.
posted by Engels at 2:26 pm
2 Comments:
Whats this got to do with the world cup???
just kidding mate!!
Good to see one of those rich guys giving the money to somewhere its more deserved. Maybe I could have some....?
Ha, I'm about to make a world cup post.
I've been trying for years to get the "Help get Engels drunk fund" off the ground for years. No bidder as of yet.
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