Warren Buffett is very known person who is much famous in his charity contribution. He started doing this in the year 2006 when he announced that much of his profit would be going to more of charity functions. He is also remembered when he gave out 18.6 million of the class B share to more than five categories of foundations. For ten years more than $27.54 billion to do the work of charity.
The billionaire has also promised to give per year gift to this kind of foundation as long as he lives. To add to this, he joined Bill and Melinda group whose primary objective of this firm is to help the society. This promise he made began with the 40 pledges just within America, but for now, it has extended to more than 21 countries with more than 40 guarantees.
Warren Buffett recently marked his 12th anniversary in his donation to charity contributions. Most of his money to this work mainly concentrate on the issues of health and also civic groups that process rights of the people. This organization also helps in many ways to reduce the level of poverty among the residents in the globe. They used to do this with his late wife where he supported the organization he runs. Despite all this donation, he gave out he still retained his rich as became among the top five wealthiest people in the world. The amount of money that he does receive from his estate and the Berkshire Hathaway company is very little as more of it goes to contributions.
He does encourage his children to follow his path including the values and ethics that he has. He also urges the organization that he supports to address financial problems and fight against the inequality that happens to people around the Globe.