The Gift That Shook the WorldThe Gift That Shook the World
Advisors often have trouble convincing the wealthy to make charitable gifts while they're still alive. Indeed, for years, Ann Landers, the famous personal advice columnist, prodded her friend Warren E. Buffett, one of the richest men in the world, to give more to charity. Buffett's tightness was a sore spot with his friends, Roger Lowenstein reported in his best-selling biography, Buffett: The Making
August 1, 2006
Rorie M. Sherman, editor in chief, Trusts & Estates, New York
Advisors often have trouble convincing the wealthy to make charitable gifts while they're still alive. Indeed, for years, Ann Landers, the famous personal advice columnist, prodded her friend Warren E. Buffett, one of the richest men in the world, to give more to charity. “Buffett's tightness was a sore spot with his friends,” Roger Lowenstein reported in his best-selling biography, Buffett: The Making of an American Capitalist.
According to Lowenstein, Landers was worried. “What [Warren] does is piling and heaping and heaping and piling. So what is this all about?” she said, adding that she'd tried her “darnedest” to interest the billionaire “in what he could do for the world.”...
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