Warren Buffet

At the same time, the new breed of corporate philanthropists such as the Bill & Melinda Gates Foundation, which has drawn contributions from fellow billionaire Warren Buffet, are now disbursing several billion dollars a year for health and education projects, sums that can exceed US and other bilateral aid...

Official aid flows to Africa are stagnating in real terms, but there has been a rapid growth in 'vertical funds' financed by private philanthropists such as US software magnate Bill Gates, investor guru Warren Buffet and former US President Bill Clinton's Foundation...