Warren Buffett worth $20 billion less than Mark Zuckerberg due to giving - Business Insider

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Warren Buffett is now worth $20 billion less than Mark Zuckerberg. Facebook's soaring stock isn't the only reason.

There would be a much smaller gap in their net worths without those donations. Buffett would be worth about $84 billion, while Zuckerberg would be worth about $90 billion.The world's biggest investors are notoriously skeptical of the stock market's bet for a quick economic recovery — and warning that the 'fantasy' rally will soon come crashing down

It's worth noting their philanthropy gap is set to close in time, as both Buffett and Zuckerberg plan to give away almost all of their money.vowed as part of The Giving Pledge , an initiative he launched with Bill and Melinda Gates in 2006 to encourage billionaires to give away the majority of their fortunes.

"We will give 99% of our Facebook shares — currently about $45 billion — during our lives to advance this mission," Zuckerberg and Chan said in a

 

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