Mega Donor Values Warren Buffett (part 1 of a series)



Mega Donor Values Warren Buffett (part 1 of a series)


By Tom Wilson Major Gifts Guru

Warren Buffett became famous a couple of years ago by making the decision to give more than $30 Billion to the Bill & Melinda Gates Foundation. Rather than funding a personal foundation, which he done for his late wife and for each of his children, he decided through his close and long-term friendship and respect for the Gates that he would trust them to make good decisions in giving away his money. His contribution really made a splash as the second wealthiest person in the world gave his money to the wealthiest person in the world.

The full story (and more) is presented in the recent book The Snowball: Warren Buffet and the Business Life by Alice Schroeder.

While a long, slogging read this is a must-do book for major gifts officers. I’ve gotten to know many people with significant wealth. But, as one of my donors who had a networth in the $100 million to $250 million range, said about somebody like Warren Buffett: "Now, that's real money.”

I’m not sure I’ll ever have the chance to get a chance to know a billionaire of Warren Buffett’s caliber, so this book was really important. It also gives excellent insights on Bill Gates and Mr. Buffett’s long-time partner and sidekick, Charlie Munger.

This article is part of series. To read the other articles in the series, please click the links below:

Permanent Link: Mega Donor Values Warren Buffett (part 1 of a series)

http://majorgiftsguru.com/2009/06/mega-donor-values-warren-buffett-part-1.html

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