The second wealthiest man in the US, Warren Buffet, announced years ago that he would do the same upon his death. In fact, he announced that he would be giving it to the Gates Foundation, because he said he felt they would spend it wisely.
Both have advocated publicly in favor of higher taxes for the rich and for the re-introduction of high inheritance taxes in the US. They have also been critical of other super-rich people outside of the US (who tend to give far less to charity), and challenged them to donate sizable portions of their assets.
If the superwealthy of Asia, Africa, and South America would donate more to their own people, the world would indeed be a much better place.
I agree Joe. Bill Gates has long said he would give all his wealth to charity--and since then he has been doing exactly that.
http://en.wikipedia.org/wiki/Gates_foundation
The second wealthiest man in the US, Warren Buffet, announced years ago that he would do the same upon his death. In fact, he announced that he would be giving it to the Gates Foundation, because he said he felt they would spend it wisely.
Both have advocated publicly in favor of higher taxes for the rich and for the re-introduction of high inheritance taxes in the US. They have also been critical of other super-rich people outside of the US (who tend to give far less to charity), and challenged them to donate sizable portions of their assets.
If the superwealthy of Asia, Africa, and South America would donate more to their own people, the world would indeed be a much better place.