Eighty-five percent of Buffett's estimated 44 billion dollar fortune will be donated to philanthropic causes, with most going to the Gates organization.
The amount of money Buffett will give away is the largest in philanthropic history. The Gates held that record previously. The gift far exceeds the sums given by Andrew Carnegie or John D. Rockefeller, or any contemporary donor, according to The Chronicle of Philanthropy.
Since we think that Bill and Melinda are on the right track with their charitable works, we are happy to see Buffett add his billions to the cause.
We are seeing history writ large with the Gates fortune and the Buffett fortune. Don't miss out. Catch all the finer points with these articles from our files and some of our favorite publications: