Midas and Croesus — together at last…
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I'm not even sure how to say this but Warren G. Buffett has promised to give 85% of his entire wealth to the Gates Foundation. It looks like Fortune broke the news yesterday.
Mr. Buffett plans to give away 85 percent of his fortune, or about $37.4 billion, all in Berkshire stock. Of that amount, he will channel the greatest share, about $31 billion, into the Gates Foundation. The Gates Foundation, dedicated to improving health and education, especially in poor nations, is already the United States' largest grant-making foundation, with current assets of almost $30 billion. Mr. Buffett's huge contribution ...