Evil Rich People

[Deleted User 863]

https://yhoo.it/3zM00Kh

Investing icon Warren Buffett has now pledged half of his Berkshire Hathaway shares to (BRK-B, BRK-A) to charity, giving another $4.1 billion to five foundations as part of his long-standing annual commitment to philanthropy.

"Today is a milestone for me. In 2006, I pledged to distribute all of my Berkshire Hathaway shares – more than 99% of my net worth – to philanthropy. With today’s $4.1 billion distribution, I’m halfway there," Buffett wrote in a letter on Wednesday.

According to Buffett, when he made his commitment in 2006 he held 478,998 A-shares in Berkshire stock. As of today, he owns 238,624 shares, worth just north of $100 billion, which are also "destined for philanthropy."

In the letter, Buffett also announced his resignation as a trustee of the Bill and Melinda Gates Foundation (BMG), one of the recipients of his shares.

"I am now resigning from that post, just as I have done at all corporate boards other than Berkshire’s. The CEO of BMG is Mark Suzman, an outstanding recent selection who has my full support. My goals are 100% in sync with those of the foundation, and my physical participation is in no way needed to achieve these goals," Buffett added.

Buffett, who has long argued that excessive wealth really has no utility, said "the easiest deed in the world is to give away money that will never be of any real use to you or your family. The giving is painless and may well lead to a better life for both you and your children."

[Cascadia]

lol

[zsn]

If your point is that Rich People are not Evil by holding up Mr Buffett as an example then you need at least another person to justify your plural. Perhaps Mr Gates and Ms Scott may fit. You’d have to search high and low to find others.

I can rattle off at least 10 names who actually fit your title before you blink twice

[jhawks99]

Illy is just continuing to melt down.

[Deleted User 863]

You’d have to search high and low to find others.

No I wouldn't. My good friend's dad, who isn't even in the stratosphere of the people you listed, paid for a school to be built in South America.

Lots of rich/wealthy people do generous things with their money.

[Overlander]

Lol. Illannoy trying so desperately to bait the trap.

[Deleted User 863]

It's no bait. We have thousands of threads about far more ridiculous/repetitive things. I thought maybe a story about something positive where a person is doing good might be a nice change of pace.

[ousdahl]

I can’t think of a single thing to contribute to this thread.

[Overlander]

I can’t think of a single thing to contribute to this thread.

Nor could Ilannoy, but it did not stop him.

[Deleted User 863]

I can’t think of a single thing to contribute to this thread.

Nor could Ilannoy, but it did not stop him.

I shared an article about Warren Buffet doing good for others with his wealth. You don't have to read it if you don't want to.

[Overlander]

I can’t think of a single thing to contribute to this thread.

Nor could Ilannoy, but it did not stop him.

I shared an article about Warren Buffet doing good for others with his wealth. You don't have to read it if you don't want to.

Is that a tear in your eye?

[ChalkRocker]

@OP: to be fair, you only "shared" the link after framing it to suit your intended point, in the thread title.

[Overlander]

@OP: to be fair, you only "shared" the link after framing it to suit your intended point, in the thread title.

Exactly. No one here is confused about the intent of the post.

[Sparko]

The “I for one welcome our robot overlords” fallacy. Republicanism. It sure takes a brave soul to speak up for wealth, power and corruption. They surely will take notice. Wear a hat.

[Deleted User 863]

@OP: to be fair, you only "shared" the link after framing it to suit your intended point, in the thread title.

It's a dual use thread title.

We could use some dual threads on the poli bored instead of 25k individual threads nearly all about our former president. Could combine them all into 1 and make it nice and neat over there.

[ChalkRocker]

k

[ChalkRocker]

still goes, wut I said...

[zsn]

I can’t think of a single thing to contribute to this thread.

Nor could Ilannoy, but it did not stop him.

I shared an article about Warren Buffet doing good for others with his wealth. You don't have to read it if you don't want to.

You could have titled the the thread “Rich Person does Great Things”.

But you didn’t.

[Overlander]

Nor could Ilannoy, but it did not stop him.

I shared an article about Warren Buffet doing good for others with his wealth. You don't have to read it if you don't want to.

You could have titled the the thread “Rich Person does Great Things”.

But you didn’t.

Hey, he was being uber clever....

[Deleted User 863]

You guys are melting down over a thread title. On a friday night. About Warren Buffet.

My god that's pathetic when you really sit and think about it.

If you get this worked up over Warren, wait until the Jimmy Buffet thread comes.