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World’s second richest man gives it all away

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Hold up! Before you read on, please read this...

This post was published more than 14 years ago

I keep old posts on the site because I often enjoy reading old content on other people's sites. It can be interesting to see how views have changed over time: for example, how my strident teenage views have, to put it mildly, mellowed.

I'm not a believer in brushing the past under the carpet. I've written some offensive rubbish on here in the past: deleting it and pretending it never happened doesn't change that. I hope that stumbling across something that's 14 years old won't offend anyone anew, because I hope that people can understand that what I thought and felt and wrote about then is probably very different to what I think and feel and write about now. It's a relic of an (albeit recent) bygone era.

So, given the age of this post, please bear in mind:

  • My views may well have changed in the last 14 years. I have written some very silly things over the years, many of which I find cringeworthy today.
  • This post might use words or language in ways which I would now consider inappropriate, offensive, embarrassing, or all three.
  • Factual information might be outdated.
  • Links might be broken, and embedded material might not appear properly.

Okay. Consider yourself duly warned. Read on...

Warren BuffettWarren Buffett is to donate £20bn, 85% of his personal fortune, to the Bill and Melinda Gates Foundation. That is, in a word, incredible.

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.

This 889th post was filed under: News and Comment.

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Comment from Anonymous


    13.54, 21/11/2007

hi baby




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