OMAHA, Neb. (AP) — The next generation of Buffetts — Howard, Susie and Peter — is poised to become one of the most powerful forces in philanthropy when their...
OMAHA, Neb. — The next generation of Buffetts — Howard, Susie and Peter — is poised to become one of the most powerful forces in, now valued at nearly $144 billion, to a charitable trust managed by his three children when he dies, instead of giving it to theIn the meantime, the elder Buffett continues to make huge annual donations to the Gates Foundation and his four family foundations, which will continue throughout his lifetime.
Over the years, Buffett gave the Gates Foundation large annual donations, but also donated billions to foundations run by his three children and a fourth family foundation. Their work offers some insight into the priorities of the next generation of Buffetts. In a relatively rare interview for a family that seldom makes time to speak with the media, Howard Buffett, 69, said he couldn’t predict exactly how he and his siblings would give away their father's fortune. However, he said they would continue to take risks and find ways to make the biggest difference as their father
“It is a big deal,” she said, of the amount of money that the Buffetts are poised to give away, noting that because the fortune will likely continue to grow, they will have to give away highly visible sums to spend it down. Howard Buffett said he likes a challenge and thinks that in general, wealthy people should give their money away within their lifetimes, rather than holding it in perpetual foundations.
Research Team Creates Robotic Leg With Human-Like Muscles. Robots may be the technology of the future - but did you know they rely on technology that's 200 years old to power them? Even the most advanced walking robots are driven by motors rather than muscles, which explains why they lack the agility seen in humans and animals. However, researchers at ETH Zurich and the Max Planck Institute for Intelligent Systems have developed a revolutionary muscle-powered robotic leg.
Howard Buffett Gates Foundation Philanthropy Susie Buffett Susan Thompson Buffett The Next Generation James Ferris Berkshire Hathaway Peter Buffett Bill Gates
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