Warren Buffett plans on giving only a small fraction of his weath to his children when he dies, stating “you should leave your children enough so they can do anything, but not enough so they can do nothing.” He instead will donate nearly all of his wealth to charitable foundations.

Warren Buffett

Warren Edward Buffett (/ˈbʌfɪt/; born August 30, 1930) is an American business magnate, investor, speaker and philanthropist who serves as the chairman and CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of US$82.5 billion as of March 9, 2019, making him the third-wealthiest person in the world.

Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth, eventually entering the Wharton School of the University of Pennsylvania in 1947 before transferring and graduating from University of Nebraska at the age of 19. He went on to graduate from Columbia Business School, where he molded his investment philosophy around the concept of v…
Read More

Source: http://www.wikipedia.org/wiki/Warren_Buffett