Didn't he say that was what he was going to do 3 years ago?
He said he was leaving his kids just enough to be comfortable, but still need to work. I saw him in an interview with Bill Gates. Warren said that he raised his kids as any normal family... they didn't live lives of complete luxury. To which Bill said he could attest to since the wooden chairs at Warren's place didn't even have seat cushions and hurt your butt after a half hour....
Edit: Okay, I read the link now.. it was FOUR years ago he made the pledge.
I don't like this. Not one bit. Wealth distribution is wrong and giving money to the poor only enables them to be lazy. People will be less likely to want to have the drive to innovate and motive to work hard if they are going to be asked to give up 50% of their estate. Buffett is an evil, evil man.
|