[DRB]

http://money.cnn.com/2006/06/26/news/newsmakers/gates_buffett/index.htm?cnn=yes

Berkshire Hathaway chairman Warren Buffett said Monday his decision to leave most of his wealth to charity now was "logical," adding that he feels "terrific" about the reversal of his long-stated plan to distribute his billions upon his death.

Buffett, the second richest man in the world, announced his plans to gradually give 85 percent of his wealth to five foundations in an exclusive interview with Fortune magazine published over the weekend.

I thought this was funny

"The first three letters were easy to sign; I just signed 'Dad'," joked Buffett, while signing a letter pledging funds to his daughter Susan A. Buffett's foundation. "I'm not sure a billion has ever been sent with a letter that says 'Dear Suze.' I wanted to make sure I never wrote one that started 'Dear Anna Nicole Smith'," quipped Buffett.

Five-sixths of the shares will go to Gates' foundation, while the remaining shares will be distributed among four foundations, including the Susan Thompson Buffett foundation, named for his late wife, and three foundations each run by Buffett's three children.

 

[Andyman_1970]

I saw Bill on the news last week (I think it was last week, maybe week before last) when he said "with great wealth comes great responsibility"...........I can respect that.

 

[Westy]

Who knew that stupid Margaritaville song could make someon so rich.

 

[fluff]

As well as great toys.

 

[Changleen]

Cool. See this is social capitalism.

 

[Westy]

I would donate 90% of what I own if I had 1000000 times what I needed to live extremely well.

 

[DRB]

I would donate 90% of what I own if I had 1000000 times what I needed to live extremely well.

Certainly makes it easier to be a philanthropist.

 

[Reactor]

When's N8 going to pony up his fortune????

 

[fluff]

When's N8 going to pony up his fortune????

Moreover when will Bush and Cheney?