
Buffett stated that he would spend more than 80 percent of his money to foundations that support charitable causes. In 2020, Buffett increased that number to 99 percent. The foundation that received the most money was the Bill and Melinda Gates Foundation, founded by Microsoft founder Bill Gates and his then wife, Melinda--which concentrated on global issues such as health and education; Bill and Buffett had maintained a close bond since the 1990s. Other charities that received donations included those that Buffett's children and the Susan Thompson Buffett Foundation, named for his late wife. It concentrated on women's reproductive rights and funded college scholarship programs. In 2010 Buffett and the Gateses came up with the Giving Pledge, an invitation to wealthy people to donate the majority of their fortunes to charities.
Comments
Post a Comment