Friday, October 01, 2010

Bill Gates and Warren Buffet hold banquet for China's super rich...

Bill Gates and Warren Buffett hosted a banquet Wednesday for China's super rich that sparked debate about Chinese philanthropy, amid reports that wealthy invitees had been reluctant to attend.

Gates and Buffett, who have already persuaded 40 wealthy US individuals to hand over more than half of their fortunes, had insisted they would not pressure attendees for money and simply wanted to learn about charity in China.

The guest-list of 50 rich industrialists was not made public, at Buffet and Gates' request, but the state-run Global Times said it included Pan Shiyi and Zhang Xin, the chairman and CEO of property developer SOHO China, and Niu Gensheng, founder of Mengniu Dairy. More...

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