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Buffett rated as most generous U.S. billionaire
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10:03, October 19, 2008

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The Portfolio magazine has listed Warren Buffett, who leads Berkshire Hathaway Inc., as the most generous U.S. billionaire.

Buffett, 78, with a net worth of 52 billion dollars, gave 46.1 billion dollars from 2002 to 2006, according to the magazine's Generosity Index, which ranks billionaires' philanthropy relative to their wealth.

The list of 50 most generous U.S. billionaires will be published in Portfolio's November issue.

Buffett ranked first in generosity and second in wealth. Microsoft Chairman Bill Gates was second in generosity and first in wealth, with 59 billion dollars.

Among Silicon Valley billionaires, Ebay Inc. founder Pierre Omidyar was the eighth most generous billionaire, giving 549 million dollars from 2002 to 2006, although in terms of overall wealth he ranked 32nd, with 8.9 billion dollars.

Oracle Corp. chief executive Larry Ellison, ranked 21st in generosity, giving 363 million dollars in 2002-06. He ranked fourth in wealth, with 26 billion dollars.

Other Silicon Valley executives on the list include Google Inc.co-founders Larry Page and Sergey Brin. Page ranked 28th and Brin 31st.

Google CEO Eric Schmidt ranked 34th in generosity.

Source: Xinhua



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