Warren Buffett Gave USD 1 Billions To Each Of His Children To Donate To Charity

Quote of the Day: Never forget to be truthful and kind. Hold thes e virtues tightly. Write them deep within your heart"

Seen like Warren Buffett is getting more and more generous... giving back more of what he has achieve financially back to the society.

Warren Buffett Watch from Coattail Invester:

"It isn't easy following in the footsteps of Warren Buffett - just ask his son Peter. Last year when Warren Buffett pledged the majority of his vast fortune to charity, he also gave each of his three children $1 billion to donate to charities of their choice. Peter and his wife Jennifer are now faced with the daunting task of determining which causes their donation will be most advantageous to, a task much easier said than done according to the Oracle's son.

Admittedly overwhelmed by the process, Peter has made the decision that he will focus on "community building", but has not yet shared exactly how he will go about it. He has evaluated a number of possibilities including women empowerment and childhood education programs in developing countries. He may also donate a portion of his stake to projects in Milwaukee, the community he lived in for 16 years.

Our humble advice to Peter is: "Consult with your father, because he always seems to know where to invest his money.""