A Quote by Shiv Nadar
Buffett gave significant portions of his wealth to the Bill and Melinda Gates Foundation. Buffett made money for 50 years before he donated.
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I would like to share something that is being done extremely well by Bill Gates through the Bill & Melinda Gates Foundation. The foundation is only going to address areas which are seen by Bill or Melinda as ills of the world. The foundation has no perpetuity.
I think the foundation at Berkshire [Buffett's stake in Berkshirewill pass to the Buffett Foundation upon his death] will be a plus because there will be a continuation of the culture. We'd still take in fine businesses run by people who love them.
Bill Gates and Warren Buffett have their 'Giving Pledge,' where billionaires promise to give away the majority of their wealth when they die. My Social Security Pledge is better - to give money to good causes when you are alive. Besides, more Americans can participate.
Vladimir Putin is the wealthiest man on the planet, for sure. But this is different to the wealth of a Bill Gates or a Warren Buffett, a Carlos Slim or a Sergey Brin. They stay wealthy whether it is Barack Obama or Donald Trump in power. Putin's wealth depends on him staying in power. It is all about controlling the budget, the hard currency reserves and keeping under his thumb the oligarchs who cannot move their money without his permission. It is something close to a trillion dollars that he can control and move.
But for those who really want to make the world a better place, can we start looking at Bill Gates's path instead of Steve Jobs? I like my iPad, but Gates is one of the greatest heroes of our time. For me, that has nothing to do with Microsoft and everything to do with the Bill & Melinda Gates Foundation.
I give away about 50 percent of my income, so my, you know, desire to give back to the country is pretty strong and I intend to give away a lot more. I've signed the giving pledge with Warren Buffett and Bill Gates, and I intend to give away the bulk of my money.
President Obama likes to talk about the Buffett Rule. Well, here's a Buffett Rule that all Americans should be able to support: mom and pop businesses should not pay a higher tax rate than Fortune 500 corporations like Warren Buffett's.
Whatever happened to Warren Buffett, the world's their-richest man? Guilt, a feeling of being blessed by luck, forgotten lessons - who knows? In any case, Buffett now believe that government should redistribute the wealth earned by others to those who did not earn it.
Last I checked, Bill Gates was worth $50 billion. If the average employed adult, who is walking in a hurry, will pick up a quarter from the sidewalk, but not a dime, then the corresponding amount of money given their relative wealth that Bill Gates would ignore if he saw it lying on the street is $25,000.
Humanity is filled with beautiful and positive and powerful people who care. I'm so glad we have people like Bill Gates and Warren Buffett in the world.
I didn't get a phone call from Bill Clinton before I jumped in the race ... maybe it's because I hadn't given money to the foundation or donated to his wife's senate race.
We came from where people don't look like they have money anyway. We came up in an era where the dudes who had all of the money looked regular, the same way you see billionaires in some run down shoes or old jeans. You see how Warren Buffett, Bill Gates and those dudes dress. Even in our era, the dudes with the money weren't flashy.
Behind every liberal philanthropist fortune is a huge capitalist score. Bill Gates and Warren Buffett can afford now to be liberal - an expensive indulgence - because in their early incarnations they were no-holds-barred capitalists who made lots of enemies conducting business without mercy and in search of pure profit.
Thinking ahead, in 2013, the Japanese government, together with pharmaceutical companies and the Bill & Melinda Gates Foundation, established a fund for promoting research and development of medical products for neglected tropical diseases (NTDs). The importance of planning for disease outbreaks was made clear with the Ebola virus.
People like, George Soros, Bill Gates, Warren Buffett, Paul Krugman, Joe Stiglitz, Jeffrey Sax, Dean Baker, Robert Poland, Larry Summers have said they all support a transaction tax.
At least once a year, I meet with a group called the Giving Pledge. It's a group of billionaires - including me, Warren Buffett, Bill Gates, and Ted Turner - who have pledged to give away most of their money to charity. We meet for three days to talk about what we're doing to help make the planet a better place to live.
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