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Warren Buffett gives $2.5 million to Turner's anti-nuke charity

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Posted 4:22PM on Thursday 10th October 2002 ( 22 years ago )
ATLANTA - For years, Ted Turner has been chiding Berkshire Hathaway CEO Warren Buffett to share more of his wealth, and his encouragement may have finally paid off.<br> <br> Buffett, the second-richest American with $36 billion at last count, recently donated $2.5 million to one of Turner&#39;s philanthropic endeavors - the Nuclear Threat Initiative.<br> <br> But Buffett said the gift had less to do with Turner&#39;s chiding than Buffett&#39;s relationship with former Georgia Sen. Sam Nunn, co-chairman of the initiative. The two are on the board of Coca-Cola and often talk about weapons of mass destruction.<br> <br> &#34;I have long regarded the nuclear problem as the ultimate threat to mankind,&#34; Buffett told the Atlanta Journal-Constitution in an interview published Thursday.<br> <br> Buffett said he and Turner approach philanthropy differently. Turner gives away much of his money while he&#39;s still living, and Buffett intends to give away his fortune after he&#39;s gone.<br> <br> &#34;Everything I&#39;ve made in life, or 99.9 or 99.8 percent of it will go to philanthropy,&#34; Buffett said.<br>

http://accesswdun.com/article/2002/10/189055

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