12 Magnates who Won’t Leave Wealth To Kids but To Philanthropy
It used to be expected that wealthy parents would pass down that wealth to their children and keep the family taken care of. But a new generation of business tycoons and magnates have decided that their wealth will not go to their children. These super rich individuals have decided to give their money to charity to help others and encourage their children to find their own way.
1) Warren Buffet
This billionaire has decided to leave his money to the Gates Foundation instead of his own children. He is quoted as saying that he wants to leave his children with enough money to feel like they can do anything but not enough that they feel like doing nothing. Buffet has pledged 99% of his wealth to causes other than his children.