Money and Finance
- The Buffetts On Charity, Succession, And Tv (video)
Found via the Corner of Berkshire & Fairfax. Oct. 22 (Bloomberg) -- Berkshire Hathaway chairman/CEO Warren Buffett, board member Howard G. Buffett and Howard W. Buffett, executive director at Howard G. Buffett Foundation, talk with Betty Liu about...
- Wsj Interviews Bill Gates: Was The $5 Billion Worth It?
Thanks to Will for passing this along. A decade into his record-breaking education philanthropy, Bill Gates talks teachers, charters—and regrets. 'It's hard to improve public education—that's clear. As Warren Buffett would say, if you're...
- Professor David Kass Starts A Blog
This blog is being launched on the occasion of Warren Buffett’s 80th Birthday (August 30, 2010). It will primarily provide analyses of Berkshire Hathaway’s investments, news releases, and statements made by Warren Buffett. The intent is to expand...
- Gates Foundation: 2009 Annual Letter From Bill Gates
This is the first annual letter I plan to write about my work at the Gates Foundation. In this letter I want to share in a frank way what our goals are and where progress is being made and where it is not. Soon after Warren Buffett made his incredible...
- Make Every Day Thanksgiving
First off Happy Thanksgiving! We all have so much to be thankful for and today is a day where we're supposed to reflect on that. Whether you're spending the day with family, friends, or alone today is a blessing. But every day is truly...
Money and Finance
Warren Buffett gives 'reverse birthday gift' to children's foundations
The letter to his kids is also posted HERE.
Warren Buffett is celebrating his 82nd birthday today by doubling what remains of his original pledge of stock shares to the three foundations run by his children, Susan, Howard and Peter.
That means he will donate about $100 million a year to each foundation, up from an average of $64 million annually. By the time his pledge is fulfilled, the three foundations will receive what, at today's share price, amounts to $2.08 billion.
Over the past six years, the foundations already have received $1.16 billion.
“What a wonderful thing to do on his birthday,” said Peter, a New York musician and co-chairman of the Novo Foundation with his wife, Jennifer. “When he thinks about doing something, he gets excited about it. It's sort of a reverse birthday gift.”
Susan Buffett, whose Sherwood Foundation supports educational and anti-poverty programs in the Omaha area and nationally, said her father can be sentimental about birthdays. “I love that — ‘Happy birthday to his kids.' It's so sweet that he did that.”
- The Buffetts On Charity, Succession, And Tv (video)
Found via the Corner of Berkshire & Fairfax. Oct. 22 (Bloomberg) -- Berkshire Hathaway chairman/CEO Warren Buffett, board member Howard G. Buffett and Howard W. Buffett, executive director at Howard G. Buffett Foundation, talk with Betty Liu about...
- Wsj Interviews Bill Gates: Was The $5 Billion Worth It?
Thanks to Will for passing this along. A decade into his record-breaking education philanthropy, Bill Gates talks teachers, charters—and regrets. 'It's hard to improve public education—that's clear. As Warren Buffett would say, if you're...
- Professor David Kass Starts A Blog
This blog is being launched on the occasion of Warren Buffett’s 80th Birthday (August 30, 2010). It will primarily provide analyses of Berkshire Hathaway’s investments, news releases, and statements made by Warren Buffett. The intent is to expand...
- Gates Foundation: 2009 Annual Letter From Bill Gates
This is the first annual letter I plan to write about my work at the Gates Foundation. In this letter I want to share in a frank way what our goals are and where progress is being made and where it is not. Soon after Warren Buffett made his incredible...
- Make Every Day Thanksgiving
First off Happy Thanksgiving! We all have so much to be thankful for and today is a day where we're supposed to reflect on that. Whether you're spending the day with family, friends, or alone today is a blessing. But every day is truly...