Friday 8 July 2011

Warren Buffett Donates $1.5 Billion

Warren Buffett donated $1.5 Billion to Gates Foundation according to reports today.

Source: Wikipedia.org
Warren Buffet, one of the most successful investors in the world who currently holds the CEO post of Berkshire Hathaway. This year, Warren Buffet holds the third position of the world's wealthiest people.

Aside from being investor, Warren Buffet is also known for his philathropic activities. Buffett pledged to give away 99 percent of his fortune to philanthropic causes, primarily via the Gates Foundation.

Reported today by ABC, Warren Buffet just gave away $1.5B to Gates Foundation. Gates Foundation was organized by Microsoft founder Bill Gates and wife Melinda.

Here's an info about Bill & Melinda Foundation.

About the Foundation 
Our belief that every life has equal value is at the core of our work at the foundation. We follow 15 guiding principles, which help define our approach to our philanthropic work, and employ an outstanding leadership team to direct our strategies and grantmaking.

Check out Wikipedia for more info about Warren Buffet.

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