Monday, September 17, 2007

Research on Buffett’s riches

Wafers fell in love with a man old enough to be her grandfather. The immediate provocation: he, the world’s third richest man, had willed that 70 per cent of his estate would go to the Gates Foundation and not to his blood relatives.

There was just no parallel that she could think of. Warren Buffett was her man for all seasons.

She decided to research Buffett. And what she found made her rush to China. “Hey did you know?” she asked. In her excitement she didn’t realise that he wouldn’t know that she was asking about Warren Buffett. “Know what?” asked an incredulous China. “Well, that Warren Buffett is only 76 and that he has a net-worth of $52 billion”.

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