Warren Buffett announced to give away his wealth to Bill Gates' foundation. When I first saw the news, I thought they must be on to something big because Bill Gates not long ago decided to step down from Microsoft's chief software architect position and to focus on his philantrophy business. Unless they are planning something gigantic, they have no reason to combine their fortunes together. Well, they both denied it. What a coincidence!
I totally can see Buffett's reasoning. So many foundations built by so-called robber barons have fallen into the hands of crazy liberals. Were those barons still alive today, they would have found a way to kick the executives out themselves. Bill Gates is still young. He is definitely the guy to take care of Buffett's money and do things Buffett can feel comfortable when he is up in the sky.
It then comes to why Buffett's move is so novel and noble. It isn't hard to reason, either. Successful business men have a common feature: super-sized ego. Just today, I saw a story in the Wall Street Journal about a guy trying to build a dynasty. This Harlan guy literally comes up with a 200-year plan for his family. It is good to have a dream, but a wish like this? I can't really appreciate it. Ben Franklin once said(these are not the exact words), "It is insane to say that your eighth generation descendents are related to you." What is the purpose of building a dynasty when a total stranger is going to reign?
Hats off to Buffett.
(Picture: AP)
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