Gary Parr, Lazard vice chairman, explains why he is concerned about the fate of charitable giving.» Read More
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.
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.
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.
A pair of cowboy boots autographed by Warren Buffett will be sold at a charity auction late this spring. Buffett, who really likes a good steak dinner, also wrote "I love beef" on the boots.
Warren Buffett is number one on Business Week's just-released ranking of American philanthropists. Buffett's pledge two years ago to donate the bulk of his huge fortune to charity over a number of years puts him at the top of the list with $40.655 billion given or pledged between 2004 and 2008.
Online bidding has just gotten underway for a 36-square-foot portrait of Warren Buffett speed-painted at this year's Berkshire Hathaway Shareholders Meeting in Omaha. The minimum starting bid for the EBay auction: $100,000.
Requests for help from top U.S. corporate charities has risen sharply, but spending in 2009 by some of America's largest foundations is likely to be flat as the companies behind them weather the global financial crisis.
Warren Buffett is the nation's most generous billionaire, according to a new ranking by Condé Nast's Portfolio Magazine.
Warren Buffett took a break recently from making multi-billion dollar investments in American business icons to play the ukulele with two musicians who, unlike the Omaha billionaire, actually make a living as professional musicians.
Sounding a lot like Warren Buffett, Australia's richest person says his billions won't be going to his children. Why Andrew "Twiggy" Forrest wants to avoid dying a rich man, and what he plans to do to avoid that fate.
Global investor and philanthropist John Templeton has died at a hospital in the Bahamas.
Warren Buffett has completed his annual round of gifts to charity, distributing a total of 543,757 Berkshire Hathaway Class B shares worth $2.17 billion to five foundations.
Warren Buffett's annual gift to the Bill and Melinda Gates Foundation of Berkshire Hathaway stock is worth just over $1.8 billion this year, about two percent more than last year's donation.
Warren Buffett has some advice for young people, like college students, who want to remain financially independent. It's not new and its not a surprise, but it is solid counsel on avoiding a very common money pitfall, and worth repeating.
The big spender who won this year's "Power Lunch with Warren Buffett" charity auction with a record high bid of $2,110,100 is Zhao Danyang of the Hong-Kong based Pure Heart China Growth Investment Fund, according to a spokesperson for San Francisco's Glide Foundation. I spoke with Zhao by telephone late tonight. He told me his investment philosophy is very similar to Buffett's and he has "lots of questions" to ask him.
This year "Power Lunch with Warren Buffett" charity auction has ended on eBay with a high bid of $2,110,100. That's more than three times larger than last year's record high price of $650,100 paid by investors Mohnish Pabrai and Guy Spiers.
With just under four hours remaining, bidding has topped $300,000 in this year's "Power Lunch with Warren Buffett" charity auction. That's less than half of last year's record $650,100 high bid, but as anyone who has been on eBay knows, savvy bidders hold back until the last few minutes. The auction ends at 10p ET tonight (Friday).
The two investors who bid $650,100 in a charity auction to have lunch with Warren Buffett today tell CNBC the "fantastic" experience was "worth every penny." Mohnish Pabrai and Guy Spier, well-known investors in their own right, teamed up to make the winning bid in last year's edition of the annual auction that benefits San Francisco's Glide Foundation. They collected their prize today at New York's Smith & Wollensky Steakhouse. After their meal this afternoon, Pabrai and Spier spoke to Becky Quick in a live interview on CNBC's Closing Bell.
This is a transcript of Warren Buffett's live interview with Becky Quick on CNBC's Power Lunch, Wednesday, June 25, 2008 at 12p ET. Buffett tells Becky U.S. inflation is "exploding" and warns that the Federal Reserve must signal controlling prices is not a secondary concern.
This is a live blog of Warren Buffett's interview with Becky Quick on CNBC's Power Lunch, Wednesday, June 25. All times eastern.