“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…