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Sundar Pichai-1-1024x630Buffett declared that he intended to give over 80 percent of his money to charitable foundations. By 2020 he raised that amount to a whopping 99 percent. The primary beneficiary was the Bill & Melinda Gates Foundation--created by Microsoft founder Bill Gates and his then wife Melinda, which was primarily focused on issues of world health and education; Bill and Buffett have maintained a close relationship since the beginning of the 1990s. Other organizations that were able to receive donations were those run by Buffett's children, and the Susan Thompson Buffett Foundation named after his late wife. This foundation focused on women's reproductive health , and helped fund scholarships for college. In the year 2010, Buffett and Gates came up with the Giving Pledge. This pledge encouraged other wealthy people to contribute a significant portion of their fortunes to charities.

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