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Why Warren Buffett Is Poorer Than Mark Zuckerberg (inc.com)
Facebook's soaring stock price isn't the only reason 34-year-old Mark Zuckerberg is now richer than 87-year-old Warren Buffett. An anonymous reader quotes Inc:
There's another, more important reason that Zuckerberg is now worth more: Buffett has been doing a great job of giving his money away, something that he, Zuckerberg, Gates, and most of the world's most well-known billionaires have pledged to do.
Buffett has given Berkshire Hathaway stock now worth more than $50 billion to the Bill & Melinda Gates Foundation alone. When it comes to giving, Zuckerberg and his wife Priscilla Chan have a lot of catching up to do. They appear to have devoted well under $10 billion so far to philanthropy... On the other hand, Zuckerberg, is more than 50 years younger than Buffett, so they likely have a lot more time in which to do their giving.
Three years ago the couple pledged to give away 99% of their net worth within their lifetimes.
Buffett has given Berkshire Hathaway stock now worth more than $50 billion to the Bill & Melinda Gates Foundation alone. When it comes to giving, Zuckerberg and his wife Priscilla Chan have a lot of catching up to do. They appear to have devoted well under $10 billion so far to philanthropy... On the other hand, Zuckerberg, is more than 50 years younger than Buffett, so they likely have a lot more time in which to do their giving.
Three years ago the couple pledged to give away 99% of their net worth within their lifetimes.
Girl: "Hey Elon! Are you going to give all your money away like those press-release-loving-aw-shucks other billionaires?"
Elon: "No way! I need every penny to build my DeathSt.... Er. Yeah. Giving away every dime!!!"
"If you want to improve, be content to be thought foolish and stupid." - Epictetus
I dunno. William Shatner is, after all, 87.