World’s second richest man gives it all away
This move will doubtless be criticised by some, who will claim that it’s easy for someone rich to give away vast amounts of money, especially when you’ll be left with £3bn in the bank anyway. That’s not really true, as evidence by the fact that those of lower income give a greater percentage of said income to charity than those with a higher income, and by the way Bono and Bob Geldof implore us to donate money to charity whilst sitting on £108m and £30m fortunes themselves. Warren Buffett hasn’t done this: He’s actually donated his own money – most of his own money – to a cause he believes in.
It won’t stop anti-capitalist campaigners from saying he’s only doing it as a guilt-releiving exercise, but that’s their problem.
As far as I’m concerned, good on him.
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Comment from Anonymous
» This comment was received at 13:54 on 21 November 07