Warren Buffett Astrid Lived Together Since 1978 and Married In 2006---1978 and were married in August of 2006: He remained married to Susan Thompson for more than 50 years after their 1952 wedding. They had three children, Susie, Howard and Peter.
Buffett and Susan separated in 1977, remaining married until her death in 2004. Before her death, Susan introduced him to Astrid Menks, a waitress. Buffett and Menks began living together in 1978 and were married in August of 2006.
Legacy
What do you do with your money when you are the world's most successful investor? If you're Warren Buffett, you give it away.
Buffett stunned the world in June of 2006 when he announced the donation of the vast majority of his wealth to the Bill & Melinda Gates Foundation, which focuses on world health issues, U.S. libraries and global schools. It is on of the world's largest transparent charities.
Buffett's donations will come in the form of Class B shares of Berkshire Hathaway stock. His total donation to the Gates Foundation is 10 million shares.
It will be given out in 5% increments until Buffett's death or until the foundation fails to meet the spending stipulation or the stipulation that either Bill or Melinda Gates remain actively involved in the foundation's activities. Buffett's 2006 donation was 500,000 shares, valued at approximately $1.5 billion.
At a June 2008 share value, the entire donation to the Gates Foundation is worth about $37 billion. Buffett expects stock price appreciation to increase that amount over time.
Another stock donation of more than 1 million shares will be evenly divided among three charities run by Buffett's children. An additional 1 million shares will go to a foundation run in honor of his first wife.
While the donation to the Gates Foundation was certainly a big surprise, Buffett's charitable endeavors are nothing new.
He'd been giving money away for 40 years through the Buffett Foundation, renamed as the Susan Thompson Buffett Foundation. This foundation supports pro-choice family planning causes and works to discourage nuclear proliferation.
Buffett has always planned to give the bulk of his wealth to charity, but insisted that it would occur posthumously.
The change of heart is quintessential Buffett - rational, decisive, maverick and blazing a path all his own. "I know what I want to do, and it makes sense to get going," he's famous for saying.
Read more: http://www.investopedia.com/articles/financial-theory/08/buffetts-road-to-riches.asp#ixzz1q2AjSb5K
Warren Buffett Astrid Lived Together Since 1978 and Married In 2006
by umer | 5:49 AM in 'Celebrity news, celebrities |