TITLE

Billionaires break the bank for charity

AUTHOR(S)
Goldsmith, Jill
PUB. DATE
June 2006
SOURCE
Daily Variety;6/27/2006, Vol. 291 Issue 61, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the charity made by the two richest men in the world, Bill Gates and Warren Buffett, in Namibia. In a conference with Charlie Rose, the two made philanthropy history by donating some $60 billion for global health and education. The $30 billion donation of the Bill & Melinda Gates Foundation had been added by Buffett with 85 percent of his $40 billion fortune. In relation, Gates added that he will give more focus in the foundation aside from his Microsoft business.
ACCESSION #
21444712

 

Related Articles

  • TOP 10.  // Forbes Asia;10/15/2007, Vol. 3 Issue 17, p72 

    The article offers information on the entrepreneurs who are on the top 10 of the Forbes 400 list of wealthiest Americans. William H. Gates III, chairman of Microsoft and worth $59 billion, is preparing to give up day-to-day involvement in the company he cofounded to spend more time focused on...

  • GIVE AND MAKE. Payton, Scott // Financial Management;Apr2008, p16 

    The article focuses on the trend sets by computer entrepreneur Bill Gates and world's richest person, Warren Buffet, for individual charitable donations, and cites the donation initiatives of some world's most profitable companies. It states the departure of Gates on his day job to focus his...

  • Global Health – The Gates—Buffett Effect. Okie, Susan // New England Journal of Medicine;9/14/2006, Vol. 355 Issue 11, p1084 

    The author ponders on the plans of Warren Buffett, the world's second richest man, to donate to the foundation established by the wealthiest one, Bill Gates, and his wife, Melinda. The donation of Buffett will reportedly amount to US$37 billion. It is expected to double the foundation's...

  • The Generosity Index.  // Business Today;12/14/2008, Vol. 17 Issue 25, p21 

    The article presents the richest billionaires in the U.S. and their donations to charitable causes over the years from 2002-2006. Berkshire Hathaway's Warren Buffett donated $46.1 billion to institutions focusing on education. Bill Gates of Microsoft Corp. donated $3.7 billion to healthcare...

  • The race to give.  // BRW;5/22/2003, Vol. 25 Issue 19, p17 

    Focuses on the philanthropic activities of Bill Gates and Warren Buffett. Earnings of Gates and Buffet; Contributions to foundations.

  • THE $600 BILLION CHALLENGE. Loomis, Carol J.; Burke, Doris // Fortune;7/5/2010, Vol. 162 Issue 1, p82 

    This article presents information about a philanthropy plan that was created after meetings between billionaires Bill and Melinda Gates, Warren Buffet and others. The Gates and Buffett originally met in May 2009 and, after several more meetings, announced that they are trying to convince the 400...

  • Huge gift, but little change. O'Connor, Cecily // Pensions & Investments;7/10/2006, Vol. 34 Issue 14, p1 

    This article presents information about Bill & Melinda Gates Foundation. A $30 billion gift from Warren Buffett, chief executive officer of Berkshire Hathaway Inc., to the Foundation isn't expected to produce a huge shift in the endowment's asset mix. The donation will head out the door of the...

  • Buffett: Government is a bad investment. Coupal, Jon // Business Journal Serving Fresno & the Central San Joaquin Valley;7/21/2006, Issue 323585, p23 

    The article points out that Warren Buffett's proposal for California taxpayers to donate more to government is demonstrative of the hypocritical attitude of several wealthy and powerful people. While suggesting that the ordinary citizens pay more to government to fund what they claim are worthy...

  • MY PHILANTHROPIC PLEDGE. Buffett, Warren // Fortune International (Europe);7/5/2010, Vol. 162 Issue 1, p46 

    In this article financier and billionaire Warren Buffett explains why he has made a commitment to gradually give all of his Berkshire Hathaway stock to philanthropic foundations and why he is asking other American billionaires to pledge at least 50 percent of their wealth to charity. Buffett...

Share

Read the Article

Courtesy of NEW JERSEY STATE LIBRARY

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics