Friday, July 09, 2010

Buffett is in the process of donating 99 percent of his wealth to charity

Er...how do I register myself as a charity...?
clipped from news.yahoo.com

In an exclusive interview with Yahoo! News and the Huffington Post, he credited his father with teaching him how to live, and explained that all parents can make a "better human being":

"The power of unconditional love. I mean, there is no power on earth like unconditional love. And I think that if you offered that to your child, I mean, you’re 90 percent of the way home. There may be days when you don’t feel like it — it’s not uncritical love; that’s a different animal — but to know you can always come back, that is huge in life. That takes you a long, long way. And I would say that every parent out there that can extend that to their child at an early age, it’s going to make for a better human being."

Buffett is in the process of donating 99 percent of his wealth to charity, and recently gave away about $2 billion. He has joined forces once again with Bill and Melinda Gates on an initiative to persuade the world's billionaires to donate half their fortunes to charity.

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