i'm sure that most people have read that warren buffet is giving away $40 bill of his wealth. with $37 bill going to the melinda and bill gates foundation. big whoop right? i mean c'mon this guy is some rich dude. he *should* give it away. hmm... yes. but this man is definitely my hero.
some of you may or may not know, i received a BS in economics. and in some respects, econ is still my first love when it comes to what interests me. still to this day i think alan greenspan is damn near a god. and i've always admired the open ceo letters warren buffet writes yearly - they're informative and mostly written in a conversational style. not only that, when i read "millionare next door" that really cinched it. this man drives a 2001 lincoln town car signature with license plates that read "thrifty". he is definitely not your typcal CEO.
so when i heard on NPR today that he was giving away damn near 91% of his wealth. i was definitely imppressed. but, what imppresed me the most was the article that the NYT wrote about him this afternoon aptly titled "Buffet Always Planned to Give Away His Billions".
Warren Buffett, the billionaire investor and executive, said today that he never seriously considered doing anything with his $40 billion fortune except giving it all away.
"I'm not an enthusiast for dynastic wealth, particularly when 6 billion others have much poorer hands than we do in life," Mr. Buffett said at the New York Public Library, where he was appearing with Bill and Melinda Gates, the only Americans richer than he is.
...
Mr. Buffett, the grandson of a grocer and the son of a stockbroker, has never made any secret of his distaste for inherited wealth, and has often said that he had no intention of making mega-heirs and heiresses of his children. So it was not surprising that he said on Sunday that he would give away more than $37 billion of his fortune.
...
"I think Warren will not only be known as the world's greatest investor, but the world's greatest investor for good," said Mr. Gates
wow and well said. he is definitely a secret yogi. namaste warren. namaste.
Comments (1)
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Posted by joe smith | June 26, 2006 2:43 PM
Posted on June 26, 2006 14:43