Sunday May 31, 2020

World’s richest can’t give away their money fast enough

Even though Warren Buffett has given away shares in Berkshire Hathaway worth more than $30 billion at the time of the donations since 2010, his wealth continues to soar

31st August, 2018
Bill Gates and Warren Buffett. Pic: Getty

Warren Buffett gave himself a challenge when outlining his philanthropic vision at the start of this decade.

“At the latest, the proceeds from all of my Berkshire shares will be expended for philanthropic purposes by 10 years after my estate is settled,” he wrote in his Giving Pledge letter in 2010. “Nothing will go to endowments; I want the money spent on current needs.”

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