Base10Blog
Tuesday, June 27, 2006
 
An Amazing Act of Charity
While the pundits are trying to spin this into something it is not, Warren Buffett yesterday performed the largest philanthropic act ever. He is giving the bulk of his $44 billion fortune to charity--specifically the Gates Foundation--to alleviate poverty and disease. To get a persepctive on this act, this gift will value the Gates Foundation at roughly $73 billion. This is slightly more than the GDP of the nation of Syria.

UPDATE: Let's just say that not all of the Gates charitable projects seem well thought out.
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