Buffet Blesses Gates

According to NPR, Warren Buffet, the world's 2nd wealthiest man, is giving most of his 37 billion dollars to the world's wealthiest man, Bill Gates. Check it out here. Or read about it in Fortune here.

This is good news. The reason this is good news has to do with the fact that Buffet is giving the dough to the Gates Foundation, famous for funding vaccinations.  

What is novel about this is that Buffet is not waiting around until he dies to get a foundation moving with his wealth. He's goig to be alive to see what good his money does, at least for a while. Also, the fact that he is not creating the Buffet Foundation, is unique. He has no need to celebrate himself with a named foundation when there is one already doing a fine job of helping make this world a better place. He is also avoiding the huge costs of creating a foundation for that much money. Always the shrewd money man.

I am impressed with Buffet's generosity. He's one of those rich guys that you wonder if he really cares. The fact that he is giving away more money than small countries generate with their GDP does not necessarily make him a caring person, but it does at least put that huge capital resource into something worthwhile and not merely into more American consumerism.

So, in honor of Warren Buffet adn his radical generosity, I say, three cheers

Hip, hip, hooray!!!!!

Hip, hip, hooray!!!!!

Hip, hip, hooray!!!!!