This interesting man Warren Buffett and Bill Gates have been talking to lots of wealthy people about the "Giving Pledge" which asks US billionaires to publicly commit half their wealth to charity.
Warren Edward Buffett is an American investor, industrialist and philanthropist. He is one of the most successful investors in the world. This man is a legend in his own lifetime and the primary shareholder, chairman and CEO of Berkshire Hathaway. He is currently the third richest man in the world.
Apparently he didn't get burnt in the global financial crisis, he saw it coming. He is known to be very frugal and lives in the same house in Omaha that he bought in 1958 for $31,500. In 1989, after spending nearly 10 million dollars on a private jet, Buffett named it "The Indefensible". Up to that point, he was very critical of CEO's extravagant purchases.
As the world seems to be suffering from negative news syndrome, it's heartening to find a good news story - millionaires giving away half their wealth to people around the world who desperately need it.
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