
Microsoft co-founder Bill Gates listens as US investment guru Warren Buffett, the world's second richest man, announced plans to give away an estimated 85 percent of his estimated 44-billion-dollar wealth to charity. Most of the donations will go to the Bill and Melinda Gates Foundation.
Buffett's 31 billion dollar donation to the Bill and Melinda Gates Foundation will double the size of Gates' fund and make it by far the world's largest charitable foundation.