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Buffett to begin giving fortune away to charities
Five foundations, including Gates’, will get bulk of his $42 billion (AP)
http://www.msnbc.msn.com/id/13541144/
I really admire Warren.
Five foundations, including Gates’, will get bulk of his $42 billion (AP)
http://www.msnbc.msn.com/id/13541144/
[size=9pt]OMAHA, Neb. - Billionaire investor Warren Buffett announced plans Sunday to give the bulk of his roughly $42 billion fortune to five foundations in annual gifts of stock starting next month.
The decision represents a stark reversal for the world’s second-richest man, who for years had said his wealth would be pledged to philanthropies after his death.
Moreover, his vast holdings of Berkshire Hathaway Inc. stock had been expected to go largely to the Susan Thompson Buffett Foundation, begun by his late wife. Her foundation has given millions of dollars to hospitals, universities and teachers, as well as to Planned Parenthood and other abortion rights groups.[/size]
I really admire Warren.