Sunday, 4 December 2022

Warren Buffet, Founder Buffet Foundation

American Samoa

Champion's Profile

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.

UNDP SDG

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.