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
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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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures