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Posts Tagged ‘Warren Buffett

Gandhi

Gandhi believes in “Being the change you want to see in the world”

Our collective desire to accumulate and consume seems more prevalent than ever. The notion of success, money and ‘stuff’ has been fostered since the days of capitalism’s founding father, Adam Smith, began espousing his economic theories in the 18th century. The world now is, of course, a very different place but we can see that the maxim of ‘more is more’ is firmly rooted in much of the western world’s psyche. So, it’s refreshing to see a new breed of philanthropist emerging in the last decade – using wealth as a tool for social betterment. In short, it has become trendy to leave the world with nothing left in your account because you’ve given it all away. And this is a good thing.

This Zen-like stance has been propagated and loudly trumpeted by some of the biggest financial players in the world – Bill Gates, Warren Buffett and Charles Feeney. The latter has had an interesting interview with the New York Times, and elaborated on his Buffett-esque philosophies and giving nature. Like the Midwestern values of Buffett, this billionaire flies coach class, wears unostentatious clothing and has been donating his billions to good causes – “medical care, education, criminal justice advocacy and peace-building initiatives,” since the early 80s, according to the article. Read the rest of this entry »

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Bill Gates and Warren Buffett

Today’s philanthropists are getting involved, as if it were a personal business venture, ensuring that they feel the benefits of their actions

Much has been made of the philanthropic pursuits of Bill Gates and Warren Buffett in the last few years, and the extent of their financial muscle only highlights the disparity between the ‘haves and have-nots.’ The world is mostly living through intensive economic turmoil right now, but this belies the huge amount of money that was generated in many corporate circles in the last decade or so. Essentially, the people that have money, have A LOT of it.

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With the accessibility of information these days, it’s apparent a new sharing, ethical high ground is being embraced by

Giving pledge

"A little over a year ago it emerged that Bill Gates and Warren Buffett had begun a drive to get America's wealthiest to sign up to their 'giving pledge' - effectively agreeing to give away half of their fortunes before they die..."

some of society’s ‘big fish.’ At a time when the US Republican presidential hopefuls are being publically seen as greedy tax dodgers, it’s refreshing to see a dialogue emerging in the media and elsewhere about the latest craze: Giving. A little over a year ago it emerged that Bill Gates and Warren Buffett had begun a drive to get America’s wealthiest to sign up to their ‘giving pledge‘ – effectively agreeing to give away half of their fortunes before they die. The program has snowballed and is a prescient view of how we, even without that kind of money, should approach living.

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