The Bill and Melinda Gates Foundation is great and it's wonderful to see Buffet being so generous but one day it would be nice to see him admit that some of his investments such as Moody's is garbage. He could do a lot of good for quite a few people by helping to truly reform the financial system in the US (and beyond) but he can be blinded by his billions. Average people around the US were hit so hard by the last few recessions and few people beyond Buffet could have such a deep impact on fixing the system. He's still highly respected and in that industry, his success and billions count. Do the right thing again, Warren.
The billionaire investor Warren Buffett has donated $1.6bn (£1.05bn; 1.5bn euros) to the charitable foundation created by Microsoft founder Bill Gates and his wife Melinda.
In all, he donated shares worth $1.93bn to five foundations.
The rest went to foundations set up in the name of Mr Buffett's late wife, Susan, and their three children.
Mr Buffett, who owns the investment company Berkshire Hathaway, pledged in 2006 to give away 99% of his wealth.
