The transfer of the world’s greatest fortune from Warren Buffet to Bill and Melinda Gates, owner operators of the Gates Foundation can have some disastrous effects on the financial shape of the United States. The balance of power that was dramatically changed due to Warren Buffett’s amazing generosity probably had much to do with the financial mess that the United States is currently undergoing.
The huge fortune made by Warren Buffett through his work in insurance and his takeover of Berkshire Hathaway has been donated to the Gates Foundation. The Gates Foundation is controlled by Bill and Melinda Gates. Their current charities of note are donating to small farmers and trying to cure polio. The Gates Foundation is amassing billions from oil rich sheiks, as well.
Currently, Bill and Melinda Gates are not engaged in computer systems but in making a global impact with their charitable foundation known as the Gates Foundation. The Gates Foundation is engaged in giving grants to individuals who can help them in their global charity work of helping small farmers and of making the polio vaccine accessible to people globally. The Gates Foundation also has billions given to them by Arab billionaires. The problem with giving almost his entire wealth to a foundation working globally is that Warren Buffett might have harmed the place where he made his fortune.
It seems to the casual observer, that the Gates Foundation is used as a depository for huge fortunes. Their charitable work overseas does not help the dire financial situation that is confronting the United States. The insurance magnate that made billions on Wall Street has transferred his fortune to a couple living overseas and donating billions made in the United States to helping global ventures of small farming and vaccinations.
If Warren Buffett is no longer the world’s richest man, his friend and charity case, Bill Gates obviously is. The point of debate here is whether the connection is having anything to do with the current financial mess in the United States that has vaccines for polio, already. The fact that Warren Buffett transferred ownership of 99% of his wealth to the Gates Foundation for donations on a global scope does not bode well for the general outlook of the financial condition of the United States, itself.
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