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WARREN BUFFET: urges billionaires to donate for charity

The chairman of the Berkshire Hathaway Incorporated, Warren Buffet has given almost all of hard earned wealth to Bill & Melinda Gates Foundation, a philanthropic organization.

He ranked third on the Forbes Magazine list of richest people with a fortune of more than $40 billion.

Now, Buffet is pushing and urging all Billionaires to donate all or at least some of their wealth. From the Forbes Magazine, the world’s richest people were listed.

Among the 70-80 rich people, only 40 individuals responded to his drive for donating wealth that is called Giving Pledge. Others still need some convincing, Buffet said.

Among those who joined Buffet is Microsoft Corp, the co-founder of Bill Gates, Ronald Perelman, Sanford Weill and Larry Ellison.

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Posted by UDay on Aug 5 2010 Filed under Money. You can follow any responses to this entry through the . You can leave a response or trackback to this entry

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