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When your last name is Buffett, two things are guaranteed: You're going to get attention, and you're going to have your share of both passionate supporters and virulent critics.
Peter Buffett proved the rule with his recent op-ed in The New York Times headlined "The Charitable-Industrial Complex."
Buffett, who founded the NoVo Foundation with help from Warren Buffett, said philanthropy has failed to address the core inequalities and social problems in the world, and simply makes the rich feel better about their wealth.
Philanthropy, he said, has become "conscience laundering" for the rich, who are "searching for answers with their right hand to problems that others in the room have created with their left."
He added that charity is burgeoning into a massive industry that just allows "the rich to sleep better at night," while the world's poor languish.
Billionaire Warren Buffett is auctioning off an all-you-can-eat tour of the See's Candy factory in California to benefit an education nonprofit.
Bidding had already reached $30,000 by Monday, but it remains to be seen whether the final price of this auction will rival the annual auction of lunch with Buffett, which routinely tops $1 million.
Warren Buffett is going to Atlantic City, N.J., with his growing wager that community-oriented newspapers in small- to medium-sized cities can survive and even prosper in the Internet age.
Donald and Mildred Othmer made a lot of money investing with Warren Buffett. When they died, they wanted their Buffett profits to be given back to the community. They probably never imagined what would happen next.
In what it calls a "cautionary tale for wealthy investors who hope their gifts will make a long-term impact," The Wall Street Journal reports on the destruction of a $135 million hospital endowment created less than 20 years ago by the Othmers.
Buffett tells the Journal that if the donors were alive, "I would think...they would feel betrayed."
Warren Buffett always knew he'd be giving away a lot of money, and he always knew how he would do it: outsourcing.
In a video clip for a new online course on philanthropy that starts today, Buffett says he follows the lead of Adam Smith's division of labor. "I make it and somebody else gives it away."
One of the people he has entrusted with that task is his sister, Doris. Buffett says he's the "wholesaler" and Doris is the "retailer" when it comes to charity.
With a lot of help from a 39 percent increase in the value of Berkshire Hathaway's Class B stock over the past 12 months, Warren Buffett's donation to the Bill & Melinda Gates Foundation this year was the largest since his annual contributions began in 2006.
Buffett's gift of 17,458,431 shares is worth just over $2 billion at today's closing price of $115.01, a bit below the all-time high of $115.98 reached in mid-June.
After waiting a long time to join Twitter, Warren Buffett is welcoming someone who waited even longer.
In just his third tweet since signing up last month to help promote his Fortune editorial on why he's "bullish" on women, the famously tech-averse Buffett (or someone representing him) sent this out Monday night: Hello @Hillaryclinton! Happy to welcome one of my favorite women in the world to twitter. #45
Clinton joined Twittter just yesterday, humorously describing herself as a "pantsuit aficionado" and "hair icon." The former first lady, secretary of state and possible repeat candidate for president already has over 365,000 followers. (Buffett has 473,000.)
The winner of this year's Warren Buffett "Power Lunch" charity auction is still a secret, and it appears likely that secret won't be revealed anytime soon.
He or she (or they) paid a bargain price of $1,000,100. Last year's winner (also still anonymous) paid $3,456,789 for a steak with Buffett.
This year's high bid is the lowest since 2007 when value investor Mohnish Pabrai paid a then-record $650,100.
Warren Buffett was given the inaugural Forbes 400 Lifetime Achievement Award for Philanthropy, but got more than just that honor.
As Randall Lane tells us on Forbes.com, on Wednesday night in New York Buffett got a song from U2's Bono, also a prominent philanthropist, who sang his own Buffettized version of "Home on the Range."
Through their "Giving Pledge" organization, Buffett and his friend Bill Gates have been asking America's super-rich to pledge at least 50 percent of their net worth will go to charity while they are alive or after their death.
Here's the Forbes video of Bono and clip of Buffett's acceptance talk ("I must be out of my mind to try to follow that").