Warren Buffett Indian giver? Can he fulfill his obligations to the Gates Foundation?

Discussion in 'Wall St. News' started by wilburbear, May 5, 2009.

  1. Buffett lost about half of his 54 billion. How can he come through with his 38 billion commitment to the Gates foundation?

    Buffett was blindsided by lots of things.

    Has this Buffett-Gates thing been in the media?
  2. pspr


    Oh no! I hope he doesn't reneg on his commitment to the University of Nebraska Athletic Department.
  3. Buffett never pledged $38 billion in <b>cash</b> in the first place. $38 billion was the approximate value of the Berkshire stock he pledged at the time.
  4. CET


    He pledged $3B a year contingent on him being satisfied with what the foundation did with the money each year.
  5. http://www.berkshirehathaway.com/donate/bmgfltr.pdf