In 2006, Warren Buffett became the biggest donor in history when he pledged 99% of his fortune to the Bill and Melinda Gates Foundation.
Now, 17 years later, he has given $50.7 billion to the foundation and four other foundations, the San Francisco Chronicle reports.
Buffett has given the Gates Foundation nearly $39.3 billion, the Susan Thompson Buffett Foundation almost $4.2 billion, and more than $2.4 billion each to the Sherwood, Howard G.
Buffett, and Novo foundations.
"What can be more logical, in whatever you want done, than finding someone better equipped than you are to do it?" Buffett said at the time.
"I don't think I'm as well cut out to be a philanthropist as Bill and Melinda are," he told Fortune in 2006.
Read the Entire Article
A customized collection of news from foundations from around the Web.
Many people, organizations and businesses in Miami are actively committed to philanthropy. As Javier Alberto Soto, president and CEO of the Miami Foundation, puts it, “Miami is home to a young, diverse demographic that’s looking for ways to get involved, ways to improve our community that aren’t traditional, like a formal gala.”