Warren Buffett to donate bulk of his wealth

Warren Buffett to donate bulk of his wealth

Warren Buffett is the world’s second richest person after Bill Gates and he is going to same way as Bill by planning to give away a bulk of his wealth to charity.

He plans to give away about $37 billion to foundations run by Bill Gates and his own family. This forms around 80 percent of his net fortune.

His decision makes it the biggest-ever single act of charity in the United States. Maybe, this is even the largest every donation made in the history of mankind!

The news also comes just days after Bill Gates announced himself that he would move away from his day-to-day role at Microsoft to spend more time with his charity Bill and Melinda Gates Foundation.

Buffett wrote in a message to Gates and his wife on this decision to donate bulk of his wealth to charity: “You have committed yourselves to a few extraordinarily important but under funded issues; a policy that I believe offers the highest probability of your achieving goals of great consequence.”