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>> I would be more impressed if billionaires gave away 99% of their wealth to somewhere that is completely out of the control of themselves and their families
by rufus_foreman 3y ago
>> I would be more impressed if billionaires gave away 99% of their wealth to somewhere that is completely out of the control of themselves and their families
Warren Buffett has already given away stock worth more than his current net worth, and the main beneficiary has been the Bill & Melinda Gates Foundation. His will gives more than 99% of his remaining net worth to philanthropy.
- lapcat 3y ago> the main beneficiary has been the Bill & Melinda Gates Foundation In other words, a billionaire-controlled foundation. But also: "Warren Buffett is donating about $870 million to four family-run foundations" "the Susan Thompson Buffett Foundation, which is named after his wife" "three charities run by his children" "Last year, he donated about $750 million to the same foundations. He’s been making the same donations yearly since 2006." https://www.cnn.com/2023/11/22/business/warren-buffett-thanksgiving-donation/index.html https://www.cnn.com/2023/11/22/business/warren-buffett-thank...