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July 7, 2018 08:34 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/h2sYJowcybw/why-warren-buffett-is-poorer-than-mark-zuckerberg
Why Warren Buffett Is Poorer Than Mark Zuckerberg
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.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/h2sYJowcybw/why-warren-buffett-is-poorer-than-mark-zuckerberg
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