A $96 billion dollar fortune left behind for the planet – Warren Buffett
Warren Buffett is a widely respected and successful investor, businessman, and philanthropist. He is the chairman and CEO of Berkshire Hathaway, a conglomerate holding company that owns a diverse range of businesses in various industries.
Buffett is known for his value investing approach, which involves seeking out undervalued companies with strong potential for growth and holding onto them for the long term. He has consistently outperformed the stock market over the years, and his net worth is currently estimated to be over $100 billion.
In addition to his business ventures, Warren Buffett is also known for his philanthropy. He has pledged to give away 99% of his wealth to charitable causes, and has donated billions of dollars to various organizations through the years.
Buffett is often referred to as the “Oracle of Omaha” due to his successful track record as an investor and his home base in Omaha, Nebraska. He is widely respected and admired for his business acumen, wisdom, and generosity.
His entire fortune will be left to charity. The fortune, to spent within a span of a decade, is supposedly enough money for every child on the planet to live on. While Buffett has been mum about how the massive fortune will be dispersed, the Bill and Melinda Gates foundation is counting on some of that money for its own charitable endeavors. The $96 billion-dollar fortune is supposed to be dispersed as follows: $17.4 billion has been set aside for four separate family charitable organizations, $56 billion is (allegedly) supposed set aside for the Gates Foundation, and $18.7 billion is left behind (so far) in unclaimed charitable funds. He’s supposedly planning to create a children’s world bank, which allocates a certain amount of money to each child on Earth.
Find out the plans about how this money is to be spent by clicking on the link below: