July 20, 2006

Philanthropy's $60-Billion Behemoth

By committing the bulk of his fortune to the Bill & Melinda Gates Foundation, Warren Buffett is expected to increase the foundation's spending power by at least $31-billion in coming years. If all the money Mr. Buffett pledged were handed to the foundation today, it would more than double the size of the Gates Foundation. What's more, Gates would be as wealthy as the next eight largest grant makers in the Unted States combined.

Print Subscription

Digital Subscription

Already have an account? Log In Now.