logoalt Hacker News

infectolast Saturday at 9:13 PM1 replyview on HN

Didn’t he retract from the Gates foundation last year. His children will be in charge of it to “donate”. I don’t know the specific mechanics but seems like it’s a good way to simply give it to your kids. They all run types of charities.

https://www.inc.com/jason-aten/with-4-words-warren-buffett-e...


Replies

forgetfreemanlast Saturday at 9:40 PM

Not to rain on anyone's parade but it is important to note that philanthropic trusts are an excellent way to avoid taxes.

show 1 reply