2006-07-14 02:22:35 · 8 answers · asked by Anonymous in News & Events ➔ Current Events
I don't think so.
2006-07-14 02:25:53 · answer #1 · answered by Lenny B 4 · 0⤊ 0⤋
Mr Buffet hasnt give away anything.
First of he owns a lot of MSFT (Microsoft Stock), so basically its microsoft share holders money and bill gates money going back to them (in Part)
Secondly the commitment is in Berkshire Hathaway stock, over a number of years, so he is donating stock over X years at todays stock price. the price , is something that we can all speculate on, however, given his trackrecord Berkshire should hold if not grow.
So essentially its a great philanthropic gesture by Mr Buffet, but his out of pocket expense is close to nothing if you calculate the cost of his stock, give it all the dividends , splits, bonuses etc...
you will see that he has actually donated only a few million if at all!!
These are all gimmicks my friend, A moneyed man is wiser than giving away his wealth.
But the gesture is of supreme kindness, and he has won my heart for sure, even a dollar is a big donation for someone who needs it.
2006-07-14 02:30:55 · answer #2 · answered by gods_chief_pilot 3 · 0⤊ 0⤋
I would have used my fortune to help family and friends and would like to lie and say, yes I would do that, but no, I probably would have been too greedy. I am sure he kept enough to keep his family very comfortable for the rest of their lives, but since I can't even comprehend that amount of money, I know I would have kept it.
2006-07-14 02:27:27 · answer #3 · answered by Anonymous · 0⤊ 0⤋
absolutely! he certainly has more than he can use and what a world this is when 2 private citizens like buffett and gates take more responsibility than the US govt!
2006-07-14 02:27:49 · answer #4 · answered by ecodave 2 · 0⤊ 0⤋
Sure. There are plenty of organization that are in need of financial assistance that are government doesn't;t seem o give a rip about. So why not help if you got it.
2006-07-14 02:42:20 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Yes!!!! That's why God blessed him with such great wealth, so that he would use it for good. I would do the same.
2006-07-14 04:29:33 · answer #6 · answered by celticwoman777 6 · 0⤊ 0⤋
Sure, you can't take it with you, and besides, he didn't give it all away
2006-07-14 02:26:57 · answer #7 · answered by Anonymous · 0⤊ 0⤋
of course after he gace all this away he is still loaded.
2006-07-14 02:51:03 · answer #8 · answered by kara 5 · 0⤊ 0⤋