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Philanthropy

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  • Fortune Magazine

    Warren Buffett and Bill Gates have convinced forty of the nation's "wealthiest families and individuals" to take their "Giving Pledge."  Just six weeks after issuing a challenge in Fortune Magazine to their fellow billionaires, Buffett and Gates have won a substantial number of public promises to "return the majority of their wealth to charitable causes."  Buffett says today, "We've really just started, but already we've had a terrific response."

  • QUIZ: George Foreman Tuesday, 3 Aug 2010 | 11:31 AM ET

    How much do you know about modern-day Renaissance man George Foreman? Take our quiz and find out.

  • Rich IPO Brings Controversy to SKS Microfinance Friday, 30 Jul 2010 | 8:31 AM ET

    The Indian firm is not the first microlender to go public but there has long been debate over whether social enterprises should be turned into giant commercial operations., reports The New York Times.

  • Bill Gates, left, Melinda Gates and Warren Buffett pose for a picture after a press conference Monday, June 26, 2006 in New York.  Warren Buffett, the chairman of Berkshire Hathaway, recently announced his intention of giving 10 million shares of his company to charitable organizations, the majority going to the Bill and Melinda Gates Foundation.  (AP Photo/Seth Wenig)

    Warren Buffett's annual gift of Berkshire Hathaway Class B shares to the Bill and Melinda Gates Foundation is worth about $1.6 billion dollars this time around, lifting his total donation to $8 billion over five years .. and there's more to come.

  • Charity Lunch with Buffett Sets New Record Saturday, 12 Jun 2010 | 6:15 AM ET

    After failing to set a record last year, the winning bid for this year's charity lunch with Warren Buffett soared to $2,626,311. That easily tops the $2.1 million that set a record in 2008.

  • Slow Start as Bidding Begins for Buffett Lunch Monday, 7 Jun 2010 | 12:25 PM ET

    No bids yet in this year's charity auction of a Power Lunch for 8 with Warren Buffett.  Just over 12 hours into the 5-day EBay auction, no one has made the starting minimum bid of $25,000. It's just a matter of time.

  • Online bidding on EBay for the annual "Power Lunch" with Warren Buffett begins Sunday evening, June 6 and ends Friday, June 11 at 10:30p ET.

  • Warren Buffett hosts charity lunch at Smith & Wollensky in New York City.  Salida Capital CEO Courtenay Wolfe is at the far left in this screen grab from CNBC video.

    Warren Buffett is in New York City today to host the high bidders from last year's "lunch of a lifetime" charity auction.  Canada's Salida Capital paid $1.68 million for the steak meal, and the opportunity to have eight guests ask Buffett questions, with no time or subject-matter limit.

  • For Retailers, Charity Begins at the Store Wednesday, 23 Dec 2009 | 1:58 PM ET

    From Macy’s to Williams-Sonoma and Sears, retailers are tying more purchases to a worthy cause, banking on the premise that socially conscious buying is in and conspicuous consumption is out.

  • Billionaire investor Warren Buffett, right, and Microsoft Chairman Bill Gates participate in a Q & A session with students at the University of Nebraska-Lincoln's College of Business Administration, in Lincoln, Neb., Friday, Sept. 30, 2005.(AP Photo/Nati Harnik)

    Warren Buffett and Bill Gates will be the 'Big Men on Campus' next month when they go to Columbia Business School to answer questions from the "next generation of business leaders" .. and CNBC's cameras will be there.  We've just announced that a one-hour special town hall event, Warren Buffett and Bill Gates: Keeping America Great, will air Thursday, November 12 at 9p and 12a ET.

  • Former Beneficial CEO Tied to Massive Tax Probe Wednesday, 16 Sep 2009 | 10:45 AM ET
    Finn M. W. Caspersen

    No one can know exactly what Finn M. W. Caspersen, a prominent philanthropist and the heir to the Beneficial Corporation fortune, was thinking when he decided to take his life on Labor Day.  But he apparently harbored a secret: He was suspected of dodging many millions in federal taxes.

  • The price of lunch with Warren Buffett has gone down since last year but it's still not cheap.  Tonight (Friday), this year's charity eBay auction ended at $1,680,300. The winner wants to be anonymous.  That's 20 percent below last year's record $2.1 million but 2-1/2 times the previous year's price.

  • Bidding for next year's charity lunch with Warren Buffett has accelerated as the auction goes into its final day.   The high bid stands at $456,789 with less than 10 hours remaining until the eBay auction closes at 10p ET tonight (Friday.)  There's still a long way to go, however, to top last year's record $2.1 million tab.

  • Warren Buffett's latest assessment of the U.S. economy will be a prime topic of conversation later this morning when he appears live on CNBC television.  Buffett is scheduled to be interviewed by Squawk Box co-anchor Becky Quick at 11:45a ET, just before he hosts a charity lunch at New York's Smith & Wollensky steakhouse.

  • Bidding is now underway for an opportunity to have lunch with Warren Buffett.  Last year, the winner paid $2.1 million.  This year may be another story.

  • Lunch with Warren Buffett doesn't come cheap.  Bidding on eBay for this year's "Power Lunch with Warren Buffett" begins this coming Sunday, June 21 at 10p ET.  If you want to get into the action, be prepared. Last year, the lunch sold for $2.1 million.

  • Warren Buffett Kicks Butt In Battle of the Boots Saturday, 6 Jun 2009 | 9:30 PM ET

    A pair of cowboy boots signed by Warren Buffett has sold for $2700 at a Nebraska charity auction.  That's $600 more than the $2100 high bid for boots signed by Buffett's friend and friendly competitor, Bill Gates.

  • Billionaire investor Warren Buffett, right, and Microsoft Chairman Bill Gates participate in a Q & A session with students at the University of Nebraska-Lincoln's College of Business Administration, in Lincoln, Neb., Friday, Sept. 30, 2005.(AP Photo/Nati Harnik)

    Warren Buffett and his friend Bill Gates reportedly joined with David Rockefeller Sr. to invite a group of the world's richest people to gather in one room earlier this month.  The agenda wasn't world domination. It was making philanthropy more effective.  Among the other well-known, and very wealthy names, attending the meeting on May 5 in New York City: Michael Bloomberg, Peter Peterson, George Soros, Ted Turner, and Oprah Winfrey.

  • Robin Hood Event Adjusts to Tough Times Wednesday, 13 May 2009 | 10:50 AM ET
    George Soros

    The Robin Hood Foundation’s spring fund-raising event has long set the pace for charity benefits, raising tens of millions of dollars from publicity-averse hedge fund moguls who engaged in raucous bidding wars. That was then, this is now.

  • Musicians Akon and Peter Buffett pose for a photograph as they announce a socially conscious musical collaboration and website.

    A new "issue-inspired song" written by Peter Buffett, gets its debut tonight (Wednesday) at a commemorative concert in the United Nation's General Assembly Hall.  "Blood Into Gold" also features Akon, the internationally-known, Grammy-nominated rap/R&B singer.