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Warren Buffet signs over $30.7 billion to the Gates foundation

Warren Buffett’s contribution of about $1.5 billion a year to the Bill & Melinda Gates Foundation will be used to seek cures for the world’s worst diseases and improve American education, Bill Gates said Monday.

“There is no reason we can’t cure the top 20 diseases,” Gates said while appearing with Buffett during a donation ceremony at the New York Public Library.

The Buffett and Gates families, as well as onlookers, were beaming as the so-called Oracle of Omaha officially made his benevolence a reality.

“There is more than one way to get to heaven, but this is a great way,” said Buffett. He presented the biggest gift to Gates, and $1 billion donations to his own foundation and the foundations run by each of his three children.

“I am not an enthusiast for dynastic wealth, particularly when the alternative is 6 billion people having much poorer hands in life than we have,” Buffett said at the ceremony.

In a letter dated Monday, Buffett had informed Bill and Melinda Gates that the first donation of Berkshire Hathaway stock would go to the foundation next month…

Read more on USA Today

  • jon caers

    Problem of this topic can be resolved with 2.5% each year from everyone have more than 100 of any currency, and amounted to 15 years.

  • My Name

    If I could afford to fix the whole World in one day I would.
    Otherwise the fact that there is still war and starvation is just another form of ethnic cleansing, and,
    getting the rich richer.
    How can the starving still be starving 50 years and still be hungry?
    Something is not right on TV.
    Use your brains tax payers!!!
    Don’t murder the murderer’s, convict them!???…no that costs too much….
    Judge them, prove them guilty, and Hang Them.

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