Avinash Hiremath

Corporate Strategy Consultant. Previously run an e-commerce company with half a million dollars in revenues and raised funding.

8:56 PM, 27th Jun 2018

What controversial advice have people given to their children?

Not controversial but profound:

3rd richest man

He has pledged to donate 99 percent of his wealth to charity. His 2 sons and a daughter aren’t going to be billionaires from dad’s money.

Buffett does not believe that it is wise to bequeath great wealth and plans to give most of his money to his charitable foundation.

When asked about how much to leave,

To him the perfect amount to leave children is ''enough money so that they would feel they could do anything, but not so much that they could do nothing.''

He wants them to carve their own place in the world.

Sounds wise to me.

Source.

0 Comments
image/svg+xml
Push pixels...
Shovel coal into server...
Create mockups...
Defend the wall...
Draft storyboard...
Disrupt an industry...
Achieve profitability...
Become a unicorn...
Become Batman...