August 19, 2010

The Wealthiest Men in the World Pledged to Give Bulk of Their Fortune to Charity

Most of us think rich people only think of themselves but wait until you hear this one. Few days ago, I have been so moved by the three of the most wealthiest men in the world, Paul Allen, Bill Gates and Warren Buffett because of their announcement that they are giving away a huge percentage of their fortune to philanthropy.

Warren Buffett
, the world's second richest man whose networth is now $44 billion, announced he is giving away 85% of his fortune starting July to Charity. How Awesome is that? He said most of it will go to Bill and Melinda Gates Foundation. He maybe insanely rich but this billionaire still lives on his modest house in Omaha, Neb.'s Happy Hollow suburb , which he bought in 1958 for $31,500.

Paul Allen, the c0- founder of Microsoft also pledged to give away half of his $13.5 billion to charity.He wants to support programs in the Pacific Northwest, the Allen institute and the Experience Music Project/Science Fiction Museum. The museum, in Seattle, was founded by Allen and highlights two of his biggest interests.

Bill Gates, who had the title of "Most Wealthiest Man in the World" for many years until Carlos Slim has taken that title, has been giving billions of dollars for many charitable causes. He's actually the founder of Bill and Medina Gates Foundation and he is also the one who encouraged other rich people to give their money to philanthropy. Though, Gates never disclosed how much of his fortune is going to charity, he said to one of his interviews: " They'll (his kids) get something, but not a substantial percentage."

It is so nice to know that these rich people use their money to help the less privileged through charity.

You guys are way too fabulous!! God bless you more!

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