Sunday, June 25, 2006

World's second richest man to give richest man almost $40 Billion!

This is quite a story. Warren Buffett, the world's second richest man (worth approximately $40 Billion), has decided to donate most of his fortune to the Bill & Melinda Gates Foundation. Bill Gates is the world's richest man, worth approximately $50 Billion.

Read More: Article | Interview with Warren Buffett

A lot of people in my field (technology) think Bill Gates is the devil, because of the monopolistic practices of Microsoft. And I do agree that Microsoft has done a lot of unethical things over the years. But nonetheless I have a great respect for the way both Bill Gates and Warren Buffett are attempting to do some good in the world with the wealth that they have acquired. All reports that I've heard about the Gates Foundation have been positive -- it sounds like their efforts are mostly focused on fighting disease in third world countries.

Hopefully the efforts of Gates and Buffett will motivate other wealthy people to follow suit and try to improve the lives of the many underprivileged people in our world.

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