Recently, Warren Buffett pledged to gradually give 85% of his Berkshire stock to five foundations.
A dominant five-sixths of the shares will go to the world’s largest philanthropic organization, the $30 billion Bill & Melinda Gates Foundation.
It’s somehow ironic that the world’s second richest man will be giving away the majority of his wealth to the world’s richest man.
You can watch the entire 90 minutes video clip of the event and also Buffett sharing his thoughts about philanthrophy at the Gates Foundation Website.
Truly emotional and full of insights.