Warren Buffet Gives $30.7 Billion To Bill Gates' Foundation...

Reuters Jonathan Stempel June 26, 2006 at 05:42 PM
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Warren Buffett on Monday signed over much of his $44 billion fortune to the Bill & Melinda Gates Foundation, uniting the world's two richest people in a bid to fight disease, reduce poverty and improve education.

The roughly $30.7 billion donation doubles the Gates Foundation's size to $60 billion, five times larger than any other U.S. charitable group and bigger than the gross domestic product of Kuwait.

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