Net worth $79.2 billion, Warren Edward Buffett (born August 30, 1930) is an American business magnate, investor, speaker and philanthropist who serves as the chairman and CEO of Berkshire Hathaway. Buffett is a notable philanthropist, having pledged to give away 99 percent of his fortune to philanthropic causes, primarily via the Bill & Melinda Gates Foundation. He founded The Giving Pledge in 2009 with Bill Gates, whereby billionaires pledge to give away at least half of their fortunes.
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Health and Family
Description and impact
The Buffett Foundation is a charitable organization formed 1964 in Omaha, Nebraska, by investor and industrialist Warren Buffett as a vehicle to manage his charitable giving. Of the $17.6 million that the Buffett Foundation donated in the fiscal year ended June 30, 1999, nearly $3.8 million went to Planned Parenthood, among its top contributors. It also involves itself directly at the clinic level. By 2008, the Foundation had nearly $4 billion in assets. The co-founder of The Giving Pledge is a campaign to encourage people to contribute a majority of their wealth to philanthropic causes.
