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Daddy Givebucks: Lessons Learned When Warren Buffett Hands You $1 Billion


hyten1
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anyone else find it ironic that his kids make more of a salary from their charities, than Buffett himself makes from BRK?

 

no, not really. Considering the case of Peter and Jennifer Buffet:  Jennifer earns $148k as full-time manager of their foundation.  This is not a lot of money in NYC where they live.  Consider also that Buffett's level of salary has zero impact on his lifestyle or expenses.  To some of his children and in-laws the salary they receive may be a more significant portion of the household cash flow.  (I think most of the large gifts from WEB over the years are to the children's foundations not to the children themselves).

 

 

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