Warren Buffett Giving Away His Wealth

Aug 12
07:28

2010

Carl Randolph

Carl Randolph

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Did you hear that Warren Buffett is going to give 99% of his wealth away to charity and ask others to do so as well? Learn more about this philanthropist.

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When I say the name Warren buffet,Warren Buffett Giving Away His Wealth Articles most people will recognize him as the big investor. However, he actually has owned several other companies.

Warren learned at a very early age that he could make a profit. When he was six years old, he purchased six-packs of soda from his grandfather's grocery store for twenty-five cents and resold each of the bottles for a nickel, pocketing a five cent profit.

In a recent interview, Warren was asked what was the best advice he received. You are probably thinking like I was, that he was going to say something about investments, but what he said, I thought, was awesome. The advice was given from his father, Howard, and what he said was "Love your family unconditionally." You could have all the money in the world, but if your children do not care for you, what good is it?

I truly believe the person whose children love them are successful no matter how less or much money they have. Now to say money can't help you have access to the better things in life is wrong, but if you sacrifice your family just to make money, you may end up regretting it. (Just my opinion)

Anyway, Warren Buffett giving away money is the big buzz word today. Warren Buffett, philanthropist, has teamed up with Bill and Belinda Gates to form a team of other millionaires and billionaires to start to give away some of their wealth to charitable organizations. It is estimated that it will be about $600 billion, yes billions, that will be given away. Wow, that is awesome! Can you imagine how many other people can be helped through their generosity?

Here is a list of a few of the pledgers that will be on the team he is putting together: Paul G. Allen, Laura and John Arnold, Michael R. Bloomberg, Eli and Edythe Broad, Michele Chan and Patrick Soon-Shiong, Ann and John Doerr, Gerry and Marguerite Lenfest, Tashia and John Morgridge, Herb and Marion Sandler and Tom Steyer and Kat Taylor.

There is one fact, no matter how much money a person has, they can't take it with them. Yes, Warren Buffett giving away money will make a positive impact on many charitable organizations. Being the philanthropist that he is will make this world a better place to live in for many people.