India Insight

India’s rich too green for grand giving?

March 28, 2011

INDIA-GATES/With the Gates-Buffett give-it-away tour just in India, many have been questioning if the country’s rich are up to such philanthropy. Gross exaggerations of wealth and poverty are on display every day in India – the BMW next to the bullock cart or the coiffured Jimmy Choo-wearing woman waiting for her driver as the shoeless human mule shuffles past with two oil drums on his back. With millions malnourished and uneducated, with ancient monuments crumbling, with indigenous art, theatre and music unsupported and fading, why can’t the uber rich give to the country that helped them so?

Time to donate India’s “corrupt” funds to charity?

March 25, 2011

If charity is a good thing, what do you do if the funds come from murky, or corrupt, dealings?

With love, from Omaha: Buffett speaks from the heart

By Reuters Staff
March 23, 2011

By Sayantani Ghosh and Santosh Nadgir

Billionaire investor Warren Buffett says he loves to read biographies but would not pen one himself — because if he did so, he would make himself look like Arnold Schwarzenegger and play golf like Tiger Woods.

Will Buffett, Gates’ giving pledge convince rich Indians?

March 22, 2011

Billionaire investor Warren Buffett and Microsoft co-founder Bill Gates are on a week-long trip to India, primarily to encourage the rich to give away a portion of their wealth to charity.