[quote=EconProf]In the never-ending debate about whether the more wealthy are generous, I am encouraged by the Bill Gates/Warren Buffett behavior. They and dozens of other uber-rich have pledged to give at least half of their wealth to charities or philanthropies at death or before.[/quote]
I think it was both. These gentlemen in thier early days were probably not so philanthropic…
They obtianed thier wealth and reflected upon it and relized there were better things to do with it.
Essentially the glimmer of gold lost its luster when thier eyes dulled with age.
That being said I really admire what they are doing with thier wealth…
