Businesses and charities strive to earn money for different
reasons, but that doesn't mean that the two institutions can't get along. In fact many entrepreneurs have excellent
relationships with charities because of their mutual dedication to certain
causes. Oprah Winfrey is famous for her
generosity, the businesswoman and media personality has donated $41 million to
different charities. Alexander
Bouri is the founder Seament, one of the world's leading cement trading
companies, and he also spends a considerable amount of time and money
supporting educational charities in the Middle East and in Africa. Bill Gates has used the Bill & Melinda
Gates Foundation in order to focus on the couple's many charitable causes.
Warren Buffett is one of the richest people on the planet
and is one of the world's most influential people. Buffett is currently the chairman, CEO, and
primary shareholder of Berkshire Hathaway (in 2000 it was ranked as the 8th
largest public company in the world), and is widely considered the most
successful investor of the 20th century. Despite his near legendary success in the
fields of business and finance Buffett is more well-known for his charitable
contributions. Buffett has always been
a vocal supporter for charities, but his recent message that urges the rich to
focus on using their fortune to help others during difficult economic times has
really put his remarkable generosity in the media's spotlight.
In 2006 Buffett made the largest charitable donation in
history when he announced his plans to donation 83% of his fortune to the Bill
& Melinda Gates Foundation, but he still managed to make headlines recently
because of another extremely generous donation.
Buffett celebrated his 82nd birthday by donating $600 million
in company stock to his three children's various charitable causes. His older son Howard strives to help farmers
in impoverished nations and help end world hunger, his younger son Peter helps
charities that focuses on helping women and girls around the world, and his
daughter Susie contributes to charities that strengthen childhood education and
reduce teen pregnancy.
Buffett decided to donate the extra funds to his children's
charities because he's proud of the work they've done with them. This won't be the last donation Buffett will
make. Much of his vast fortune is
already pledged to aid certain charities, but recently Buffett has been making
more decisions regarding the charities that receive funds and how much money
each charity will get.
No comments:
Post a Comment