Tuesday, June 27, 2006
Having been watching the news recently, I have seen some very interesting events. I think the most notable event would be that Warren Buffet, CEO of Berkshire Hathaway, has announced that he will be giving 85% of his fortune to The Bill and Melinda Gates Foundation. Mr. Warren Buffet's fortune is valued at 44 billion USD. He will be giving 37 billion over the next few years. I found this interesting because the second richest man in the world is now giving the majority of his money to the richest man in the world. Also, this will be a record breaker for the highest amount anyone has ever donated to any charity. I am sure the money will be put to good use as the BMG foundation has been helping children in third world countries for many years. Warren Buffet will be joining Bill and Melinda Gates as a thrid trustee in the amazing foundation.