Friday, March 25, 2011

Next : Indian Tycoon, Gates and Buffet Philantropic Action


March 11, mark another step of Bill Gates and Warren Buffet action to spread words and urge Indian tycoon to give up some of their wealth to the impoverished people in their country.

Flashback,  Bill Gates and Warren Buffet have long ago committed to allocate their wealth to Bill and Melinda Foundation and also have been urging wealthy American to do the same thing too.
Just a few years ago, this duo started a mission to replicate of what they've done in America to the rest of the world.
Last September, they have visited China, however its initiative to spread charitable mission gives little success.
And now, in India, the other way around happened, just to mention a few:

1. Chairman G.M. Rao of GMR infrastructure group pledged $340 million toward education and vocational training.

2. Azim Premji (third Indian richest man), shifted shares worth about $1.95 billion in his software services giant Wipro Ltd. toward funding education for the poor.

3. India's second-richest man, Mukesh Ambani - known better for building a 27-story home than for his social vision - started a foundation in 2009, and his Reliance Industries pledged to double the foundation's initial $110 million endowment.



"Giving and making money have a lot of similarities" 
Bill Gates



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