illustration by lara tomlin
Warren Buffett
Berkshire Hathaway
As the world's second-richest man and most famous investor, Warren Buffett had long said he would one day give away much of his $46 billion fortune. That day came on June 26 when Buffett announced that over the next several years he would donate Berkshire Hathaway stock totaling some $31 billion to the foundation run by his friend (and the world's richest man) Bill Gates, and Gates's wife, Melinda. Buffett, 76, said the reason for doing so was obvious: "I'm saying, 'You can give it away better than I can, so I'm turning it over to you.'" As for Buffett's three children, who also control foundations, he's giving them about $3 billion altogether.
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