Gates, Buffett to Visit India

January 26, 2011 at 9:29 PM Leave a comment

Bill Gates tells a Reuters interviewer that he, his wife Melinda, and Warren Buffett will be traveling to India this year to encourage the subcontinent’s super-wealthy to pony up some philanthropic dough.

The meeting will be similar to one Mr. Gates and Mr. Buffett held in China last year, where they said some of the small group of ultra-rich Chinese made some “very generous” gifts…

Mr. Gates said that during the China meeting “interest was very high”, and he hoped for a similar response in India.

Gates makes a point we’ve made here; to wit, that emerging economies will take some time to develop a culture of giving, just as the United States did.

“In the U.S. it took a long time to get to where we are, and even in our case the percentage of the very richest who give the majority of their wealth away is only about a third,” he said.

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Entry filed under: Big Donors, International.

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