Warning: This post was published more than 10 years ago.
I keep old posts on the site because sometimes it's interesting to read old content. Not everything that is old is bad. Also, I think people might be interested to track how my views have changed over time: for example, how my strident teenage views have mellowed and matured!
But given the age of this post, please bear in mind:
- My views might have changed in the 10 years since I wrote this post.
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Many thanks for your understanding.
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.