Golden Gates

Money | Warren Buffett’s billions will join in his friend’s education, poverty, and health battles | Mark Bergin

When Warren Buffet last month pledged $37 billion to charity—$31 billion going to the Bill and Melinda Gates Foundation and $6 billion to the foundations of his wife and children—many business leaders, philanthropists, and journalists lauded the insurance tycoon's gift, which constitutes 85 percent of his total fortune. The Los Angeles Times called it "an astonishingly selfless act" and the Houston Chronicle extolled Buffett for setting "a beautiful example."

But not everyone offered such eager applause. Thomas Euteneuer, president of Human Life International, charged that Buffett's philanthropic agenda "aims at killing pre-born children not curing childhood disease, eliminating the poor not poverty, and destroying the developing world not aiding development." Euteneuer cited Buffett's past financial contributions to pro-abortion causes such as the Center for Reproductive Rights and the advancement of the drug RU-486, which terminates pregnancies in the days following conception.

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July 22, 2006, Vol. 21, No. 28

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