How Warren Buffett caused a big change in the lives of these billionaire friends

For years, Melinda Gates has moved away from the media that so often ridiculously shine on her husband and founder of Microsoft, Bill Gates.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "That's as long as a billionaire investor, & nbsp ;Berkshire Hathaway CEO and close friend Warren Buffett& nbsp; made a huge charity donation to Bill & amp; Melinda Gates Foundation in 2006. Melinda Gates then understood that it was time to advocate more for social change to match her tireless efforts behind the scenes of the foundation. To be more visible to the public – contradicting its nature to study data and not to speak – would be the only way for Gates to continue to develop personally and to advance the work of the foundation. "Data-reactid =" 16 "> In 2006, as a billionaire investor, Berkshire Hathaway's CEO and close friend, Warren Buffett, made a massive charitable donation to the Bill & Melinda Gates Foundation. so understood that it was time to further advocate for social change to cope with its tireless behind.So be more visible to the public – contrary to its nature, study data and not speak out – would be the only one way for Gates to continue to develop personally and to advance the work of the foundation.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" Honestly, I did not realize at how passionate I was on the job until I got to know Bill and Warren in public, "Gates wrote in his new book"The moment of emergence", Remembering the 2006 press conference, Bill and Buffett announced the announcement of the huge charitable gift." Data-reactid = "17"> "Honestly, I did not have realized how much I was passionate about the work before hearing about it. in public with Bill and Warren, "wrote Gates in her new book" The Moment of Lift ", recalling the 2006 press conference that she, Bill and Buffett had given to announce the huge charity donation .

"It then became clear to me that this partnership had to be equal. It was not fair that I needed it and Bill needed it; the foundation needed it. And that's when I knew I really wanted to, "said Gates. "I never told Warren the effect of his gift on me, but I should have, a long time ago. He is an incomparable mentor, which has resulted in a spectacular acceleration of my growth. "

Until then, Bill Gates was the most visible of them, explaining the work of the foundation in public places and writing his annual letter.

But Melinda Gates has never looked back since this press conference, any more than the foundation.

<h2 class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Gates Foundation today"data-reactid =" 21 ">Gates Foundation today

Buffett intensified his efforts in 2006 to continue the efforts of the foundation created in 2001 by his close friends Bill and Melinda Gates. The Foundation's work focuses primarily on improving the conditions of health care and education around the world. "The Oracle of Omaha" committed most of its wealth in 2006 – 10 million shares – to the foundation. It is paid in annual installments.

The foundation is now one of Berkshire's largest shareholders, considering the annual payments. Buffett is a director of the foundation, which has more than $ 50 billion in assets.

More

And Melinda Gates has no doubt become the face of the foundation (and now helps to write her annual letter).

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" Warren is right – he's just a delight. so when you pick up the phone and call Warren or whatever he calls you, he always has a story to tell you, as well as a laugh and a laugh, "& nbsp;Gates told Yahoo Finance. And for Bill and me, he is our elevator. That's what I would say – Warren is our elevator. "" Data-reactid = "36"> "Warren is right – he's just a delight, and so, when you pick up the phone and call Warren or whatever he's calling you, A story to tell, and a laugh and a laugh, "Gates told Yahoo Finance." And for Bill and me, he's our elevator, that's what I'd say – Warren is our elevator. "

Buffett asked the Gates to fight for circuits that could change society with its billions.

"When he gave his Berkshire Hathaway fortune to the three philanthropies of his children and to ours, he told us all to turn to the barriers. I want you to take risks, "said Gates.

"The job of philanthropy, which Warren knows well, is to act as a catalyst, to take risks where the government can not take a risk – but you would not want it with taxpayers' money." Gates added. "And he said, you are trying to fill the gaps where capitalism has failed."

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Brian Sozzi is a senior editor at Yahoo Finance. Follow him on Twitter @BrianSozzi"data-reactid =" 40 ">Brian Sozzi is a senior editor at Yahoo Finance. Follow him on Twitter @BrianSozzi

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Learn more about Melinda Gates"data-reactid =" 41 ">Learn more about Melinda Gates

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Melinda Gates talks about Warren Buffett, Bill Gates and Women's Empowerment"data-reactid =" 42 ">Melinda Gates talks about Warren Buffett, Bill Gates and Women's Empowerment

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Why Warren Buffett tells Bill and Melinda Gates to take big risks with his billions"data-reactid =" 43 ">Why Warren Buffett tells Bill and Melinda Gates to take big risks with his billions

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Melinda Gates: Medicare and Medicaid could destabilize the economy"data-reactid =" 44 ">Melinda Gates: Medicare and Medicaid could destabilize the economy

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Melinda Gates about capitalism: "We do not have it well""data-reactid =" 45 ">Melinda Gates about capitalism: "We do not have it well"