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       Monday, June 26, 2006

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Warren Buffett to donate $37 billion (USD) to Bill Gates' charity

June 26, 2006

Warren Buffett, the billionaire investor of Berkshire Hathaway Inc., announced on June 25 to Fortune magazine that he would be donating $37 billion (USD) to the Bill and Melinda Gates Foundation, which is already worth over $29 billion. Buffett, at 75, is one of the richest people on the planet with a fortune estimated at $44 billion. Buffett previously stated that he would give a mass portion of his wealth away to philanthropic purposes in his will when he died, however, this recent event shows that he is not following that ideology now.

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posted by Robert at 7:14 AM  

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