steven philip warner, assistant editor, b&e, collides with many people within the gates fraternity for a stunning insider account of the man who re-coded the world... and we follow it up by a smashing one-on-one interaction with the man himself, the one they call...
Having said that, the question always remained in my mind, why would a man like Gates – who was not so far back criticised ad nauseum for being a ruthless competition slayer and monstrous wealth collector “whose sole objective was to rule the world” [I read that amusing one too] – decide on turning full circle [or ‘half’, for those thousands of logical binary nerds in Microsoft who’ll read this piece and jump on the first logical mistake] to donate almost all his billions? Why in heavens would Buffett, the world’s richest individual [as on September 6, 2008, Buffett had $62 billion; Bill is 3rd richest with $58 billion] trust this man who’s well known for only making money, not giving money? Would the minutes of the meeting hold the answer?
Gates comments therein, “We’ve known Warren since 1991 and it was his thought that wealth should go back to society that got us thinking about doing our foundation in the first place... I hope people have learned from Warren’s philosophy about how we really owe it to society to give the wealth back... When I think about Warren’s record in business, I think the impact is much more than the specific returns he’s had but the way he goes about business, the integrity, the belief in people. You know, that’s a huge impact... I hope that today when the world looks back 50 or 100 years from now, they think about the Oracle of Omaha [Warren Buffett] as being the most generous philanthropist... Warren will not only be known as the world’s greatest investor, but also the world’s greatest investor for good.”
Melinda Gates adds, “I just wanted to start by saying Bill and I are absolutely honoured and humbled by Warren’s gifts. It’s really unprecedented in terms of what we can do to do good in the world, and it’s something that we take very seriously. We feel an incredible responsibility. I think when you give away your own wealth it’s one thing, but to give away the body of somebody else’s life work is really quite something. So, it’s something that we look forward to working with Warren on as a Trustee.”
Having said that, the question always remained in my mind, why would a man like Gates – who was not so far back criticised ad nauseum for being a ruthless competition slayer and monstrous wealth collector “whose sole objective was to rule the world” [I read that amusing one too] – decide on turning full circle [or ‘half’, for those thousands of logical binary nerds in Microsoft who’ll read this piece and jump on the first logical mistake] to donate almost all his billions? Why in heavens would Buffett, the world’s richest individual [as on September 6, 2008, Buffett had $62 billion; Bill is 3rd richest with $58 billion] trust this man who’s well known for only making money, not giving money? Would the minutes of the meeting hold the answer?
Gates comments therein, “We’ve known Warren since 1991 and it was his thought that wealth should go back to society that got us thinking about doing our foundation in the first place... I hope people have learned from Warren’s philosophy about how we really owe it to society to give the wealth back... When I think about Warren’s record in business, I think the impact is much more than the specific returns he’s had but the way he goes about business, the integrity, the belief in people. You know, that’s a huge impact... I hope that today when the world looks back 50 or 100 years from now, they think about the Oracle of Omaha [Warren Buffett] as being the most generous philanthropist... Warren will not only be known as the world’s greatest investor, but also the world’s greatest investor for good.”
Melinda Gates adds, “I just wanted to start by saying Bill and I are absolutely honoured and humbled by Warren’s gifts. It’s really unprecedented in terms of what we can do to do good in the world, and it’s something that we take very seriously. We feel an incredible responsibility. I think when you give away your own wealth it’s one thing, but to give away the body of somebody else’s life work is really quite something. So, it’s something that we look forward to working with Warren on as a Trustee.”
Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
