Look To The Stars News: Warren Buffett

Celebrities Pose With Pets For Charity

Thu, 24 Dec 2009 15:30:00 -0000

The annual Animal Rescue Foundation Celebrity Pet Calendar is out now, featuring some of your favorite stars and their best friends.

ARF was created in 1991 by Tony and Elaine La Russa to address the needs of companion animals. ARF saves dogs and cats who have run out of time at public shelters and brings people and animals together to enrich each others lives. ARF strives to create a world where every loving dog and cat has a home, where every lonely person has a companion animal, and where children learn to care.

This year’s calendar features famous faces such as Jenna Fischer, Celebrity Dog Trainer Victoria Stilwell, Iron Chef Cat Cora, Filmmaker Steven Soderbergh, Holly Madison, Warren Buffett, Chairman of Starbucks Coffee Howard Schultz and FOX News Anchor Greta Van Susteren, country singer Dierks Bentley, comedian Paul Rodriguez and many more.

To view the calendar and make a purchase, visit the ARF website.

Annual Women's Conference To Attract Big Names

Thu, 09 Jul 2009 15:30:00 -0000

Written by Tim Saunders

Maria Shriver will once again host the annual Women’s Conference in October, and tickets go on sale on July 13.

The first Women’s Conference – formerly known as the California Governor and First Lady’s Conference on Women – was held over twenty years ago, but it has been under the leadership of First Lady Shriver and Governor Arnold Schwarzenegger that the event has become the premier event in empowering and inspiring women.

“I am honored to again be hosting what has become the nation’s premier forum for women, where the world’s greatest hearts and minds convene every year to empower women to find a common purpose, be united by a shared conversation, and see themselves as a collective WE,” said Shriver. “This year, I am urging women to take time to explore their deepest hopes and aspirations, and I hope they leave the conference with a better sense of just who they want to be — and the knowledge of how to get there.”

This year’s event is expected to feature a plethora of newsmakers and world opinion leaders who will endeavor to empower and motivate women to pursue a lifelong journey of self discovery. Last year’s event included appearances by Lance Armstrong, Bono, Warren Buffett, Sally Field, Michael J. Fox, Secretary of State Condoleezza Rice, Heidi Klum, Jennifer Lopez, Jenny McCarthy, Russell Simmons and a special performance by Bonnie Raitt. This year will see Cindy McCain, Elizabeth Edwards, Katie Couric, former Secretary of State Madeleine Albright, actress Kelly Preston, Caroline Kennedy, Alicia Keys, photographer Annie Leibovitz and racing driver Danica Patrick among the featured speakers.

To find out more about the event – to be held on October 26 and 27 at the Long Beach Convention Center – visit the official website.

Warren Buffett Donates To Bill Gates Foundation

Fri, 03 Jul 2009 11:30:00 -0000

Written by Tim Saunders

Billionaire Warren Buffett has donated a further $1.25 billion in Berkshire Hathaway Inc. stock to the Bill and Melinda Gates Foundation.

The donation is part of a series of donations promised by the business legend, who has pledged the majority of his wealth to the foundation run by the former Microsoft chairman to enhance healthcare and reduce extreme poverty.

Buffett also donated $125 million to the Susan Thompson Buffett Foundation and nearly $50 million each to the Sherwood Foundation, the Howard G. Buffett Foundation and the NoVo Foundation.

Last year, Buffett transferred $1.8 billion to the charity as part of his plan to give away 85% of his fortune to charity.

Warren Buffett Lunch Auction Raises $1.68 Million

Tue, 30 Jun 2009 12:00:00 -0000

Written by Tim Saunders

In an update to last week’s story about Warren Buffett’s annual charity dinner auction, we can now reveal that one lucky bidder handed over $1.68 to share a meal with the billionaire.

Proceeds from the auction will go to Glide, a diverse, cutting-edge church and nonprofit offering innovative programs to poor and marginalized people. The foundation serves 700,000 free meals a year and provides dozens of other social services on a $12 million budget.

The winning bidder will be able to take up to seven friends to have lunch with Warren Buffett – the world’s second richest person – at Smith & Wollensky’s steakhouse in New York. Buffett’s lunches have now raised more than $5.92 million for the charity since the auctions began in 2000.

Annual Buffett Lunch Auction Bidding Hits $75,000

Tue, 23 Jun 2009 15:15:00 -0000

Written by Steve Purcell

Each year around June, former World’s Richest Man Warren Buffett auctions off the opportunity to dine with him, and the well-heeled winners’ bids go straight to charity.

In the 6 previous years that Buffett has presented this opportunity, financiers and entrepreneurs keen to share his legendary market wisdom have handed over more than $4.2 million, primarily to Glide, a charity that supports San Francisco’s homeless community.

The 2006 lunch went for $610,000, while 2007’s fetched $650,000, and last year’s pre-market-collapse lunch cost the winner a record $2.1 million.

Just 2 days into the 2009 auction, hosted at eBay, slated to finish on Friday 26th, bidding has reached $75,000, comparable to the 2007 bidding. We’ll report back with the final result.

Buffett also eats other meals for charity, auctioning off his dinner company in 2007 in support of the James Redford Institute for Transplant Awareness.

In 2006 he sold his town car at charity auction to benefit Girls Inc. The vehicle sported his personalized “THRIFTY” license plate, but the real beneficiary of his thrift that year was the Bill and Melinda Gates Foundation, to which he pledged $37bn — the bulk of his fortune.

Celebrities Sign iPods For Charity Auction

Fri, 13 Feb 2009 11:30:00 -0000

Tonic.com has announced the launch of a new charity auction series. Leading celebrities from the worlds of music, film, television, and fashion have contributed an autographed iPod loaded with their personal playlist to be auctioned off, with all proceeds benefiting Music Rising, a campaign founded in 2005 to replace lost or destroyed instruments of musicians in the Gulf Coast Region after the hurricane disasters.

Over seventy celebrities will participate in the auction series including U2's The Edge, former President Bill Clinton, Madonna, Beyoncé Knowles, Cher, Donna Karan, Warren Buffett, Christy Turlington, Britney Spears, Michael Stipe, Gwen Stefani, Mariah Carey, Stevie Nicks, Michael Buble, Ben Affleck, Ellen DeGeneres, Estelle, Faith Hill, Carrie Underwood, Scarlett Johansson, Peter Wentz, Randy Jackson, will.i.am, Kevin Bacon, Gisele Bundchen, Marc Jacobs, Ed Burns, Samantha Ronson, Nick Lachey, Petra Nemcova, Mandy Moore and many others.

Each celebrity was given a new iPod which they each autographed and Tonic pre-loaded with a playlist of ten to twenty of the celebrities’ favorite songs. Beginning February 12 between one and five separate iPod auctions will simultaneously launch every week on eBay; playlists will be revealed to the public on both tonic.com and eBay when auctions are launched.

“Music Rising is honored to be the charitable beneficiary of Tonic’s innovative iPod auction series,” said Bob Ezrin, Co-founder of Music Rising. “My visits to New Orleans gave me a firsthand look at the devastation which tragically destroyed the lives of thousands. Every person who wins an iPod bid will directly be helping ensure that one of the Gulf Coast’s greatest assets, its music, will rise again.”

“Everyone who has ever wondered what songs their favorite celebrities listen to in their home or on the road won’t have to wonder much longer,” said Pankaj Shah, CEO and Founder of Tonic. “We’ve compiled pre-loaded, autographed iPods from countless iconic celebrities to share with the public. By bidding on an autographed iPod, you’ll be helping to aid in the continued rebirth of the Gulf Coast Region. The Celebrity iPod Auction Series is Tonic’s first major campaign of 2009 to offer consumers an opportunity to create social good and we’re thrilled to rally people behind a great cause.”

Peter Buffett Offers Album Download For Charity

Fri, 05 Dec 2008 11:30:00 -0000

Food Bank For New York City is seeing first hand the effects of the economic downturn – finding funding has become more challenging while the need for emergency food is increasing rapidly.

The Food Bank’s Community Kitchen of West Harlem, which served 92,000 meals last year, has seen its already long lines become even longer. As demand for emergency food increases, supply continues to decrease. More than 1.3 million New York City residents turned to food assistance in 2007 – a 24 percent increase from 2004. Given the downward economic climate, compounded by skyrocketing food prices and escalating unemployment, the demand for food is reaching crisis levels.

Recognizing this time of unprecedented need, Peter Buffett, The Robin Hood Foundation, AmieStreet.com, and the Food Bank For New York City have united to help fund the Food Bank this holiday season.

Starting today, Peter Buffett’s new holiday album, Star of Wonder, is available to download for free at http://amiestreet.com/fhb. For every free download, AmieStreet.com will make a $1 donation, which will be tripled by Robin Hood, allowing the Food Bank to provide 15 meals for New Yorkers in need.

“I have always looked for ways in which the music I make can play a larger role in the lives of others,” said Buffett, the son of Warren Buffett. “And I can think of no better way to accomplish this than having the direct effect of a download of free holiday music support the Food Bank of New York City. Every day millions of New Yorkers are dependent on the generosity of others – and by simply downloading this holiday album an additional 15 meals will be provided to those in need.”

In his accomplished career, Buffett, an Emmy Award-winning musician, has authored commercials for MTV, CNN and Coca-Cola, scored part of Dances With Wolves, and collaborated with Grammy-winner Akon, which was part of a previous Download To Make A Difference campaign with AmieStreet.com. He recently launched his new ‘Concert and Conversation’ series in the Fall of 2008, which is an entertaining and informative look at Peter’s extensive background in music, punctuated with stories about his philanthropic and life experiences as the son of one of the most noteworthy investors of our time.

Jennifer Lopez Announces New Foundation Plans At Women's Conference

Fri, 24 Oct 2008 15:00:00 -0000

Written by Tim Saunders

This year’s annual Women’s Conference, hosted by Maria Shriver, drew record crowds in Long Beach this week.

The conference – which aims to empower and motivate women to pursue a lifelong journey of self discovery – kicked off with a “once in a lifetime conversation” between Govenor Arnold Schwarzenegger and billionaire Warren Buffett, and went on to feature passionate speeches from Jennifer Lopez, Sally Field, Bono (see video here), Bonnie Raitt, Condoleezza Rice, Heidi Klum, Tony Blair's wife Cherie, and many more.

“I stand before you as someone who loves being a woman,” said Lopez. "I love that when life hands us our greatest challenges, we look up and realize that capacity. I love the fellowship we’re sharing here today…

“My dream is to launch a foundation to help the well being of all women. I decided after a lot of talks with my sister, Linda, when the time was right we would create an organization that would empower women and children. Empowering them to have their voices heard, to have the type of schools they deserve, the healthcare they deserve. Empowering them to demand change. Nothing more empowering than the love of a woman, a mother, a grandmother, a wife. Every single one of us deserves the best life has to offer.

“My foundation will prioritize the importance of empowerment. I have lots of big dreams and envision big changes toward proper healthcare, prenatal care, pediatric care. And that, coming together in the biggest possible way is what I believe women are capable of.

“Don’t ever doubt that you can accomplish more than you thought you ever could.”

Video highlights of the conference can be found here.

Michael Bolton To Honor Kevin Bacon For Charity Work

Tue, 09 Sep 2008 14:30:00 -0000

Written by Tim Saunders

Crooner Michael Bolton will show what a little time, love, and tenderness can do when he hosts the 16th annual Michael Bolton Charities Benefit Concert and Celebrity Golf Classic later this month.

Former host of ABC-TV’s “Good Morning America” Joan Lunden will return for her 16th year as Mistress of Ceremonies for the event, which kicks off with a concert on September 21 at the Rich Forum in Stamford. Joining Bolton at the show will be recording legends Dave Mason and Ben E. King, as well as Bolton’s New Haven Choir from NBC’s “Clash of the Choirs.” The following day, Bolton will host the celebrity golf tournament at Stamford’s Rickrimmon Country Club.

The singer will also honor actor Kevin Bacon and Warren Buffett's wife Doris with Michael Bolton Charities Lifetime Achievement awards for philanthropy.

Tickets and more information are available at the Michael Bolton Charities wbsite. All proceeds will go to the Michael Bolton Charities, which was established in 1993 to assist children and women at risk by supporting various programs including the Domestic Violence Hotline, Prevent Child Abuse America, and Kids in Crisis.

Stars Line Up For Women's Conference

Fri, 18 Jul 2008 14:30:00 -0000

Written by Tim Saunders

California First Lady Maria Shriver has announced the lineup of celebrity speakers confirmed for this year’s annual Women’s Conference in Long Beach.

The event – to be held on October 21 and 22 at the Long Beach Convention Center – sold out in record time, and it is no surprise considering the plethora of newsmakers and world opinion leaders that will appear at the conference to empower and motivate women to pursue a lifelong journey of self discovery. Lance Armstrong, Bono, Warren Buffett, Sally Field, Michael J. Fox, Secretary of State Condoleezza Rice, Heidi Klum, Jennifer Lopez, Jenny McCarthy, Governor Arnold Schwarzenegger, and Russell Simmons are just some of the 50 speakers set to take the stage, and there will also be a special performance by Bonnie Raitt.

The first Women’s Conference – formerly known as the California Governor and First Lady’s Conference on Women – was held over twenty years ago, but it has been under the leadership of First Lady Shriver and Governor Schwarzenegger that the event has become the premier event in empowering and inspiring women.

This year’s conference will include a new event – the Night at The Village – which will consist of exhibitor booths, stage presentations, book signings, shopping, food, musical entertainment, and a conversation with Rachael Ray.

“We envision ‘Night at The Village’ as the place for celebrating women, launching products for women, and having fun,” said Shriver. “The Village is our answer to a call from women for more time to just be — whether it is to mingle casually, network for work, or shop around for items and experiences that will enrich their mind, body and soul. All of this can now happen only at The Village.”

More information about the conference can be found at First Lady Shriver’s official website.

Buffett Shares With Charities

Wed, 09 Jul 2008 12:30:00 -0000

Written by Tim Saunders

A Chinese businessman jumped at the chance to dine with Warren Buffett for charity last week.

Hedge fund manager Zhao Danyang offered a winning bid of $2.1 million for a chance to have lunch with the Berkshire Hathaway chairman, with all profits going to Glide to benefit their programs for the hungry. The bid goes far beyond last year’s winning bid of $650,000, and 2006’s winning bid of $620,000.

“We danced in the streets there for a short time,” said the Rev. Cecil Williams from Glide. “The streets of San Francisco! We were dancing and singing!”

The 77-year-old billionaire also announced this week that he is donating 512,169 Class B shares of Berkshire Hathaway Inc. stock to three charitable foundations in keeping with his plan to give away the bulk of his fortune. Most of the shares – worth $3,999 each and totaling over $2.1 billion – will go to the Bill and Melinda Gates Foundation.

Buffett has already announced he will give 10 million shares to the Gates Foundation over the next few years, with a further 1 million shares going to the Susan Thompson Buffett Foundation and 350,000 shares for each of the three foundations run by his three children.

A Chance To Buffet With Buffett

Wed, 25 Jun 2008 12:30:00 -0000

Written by Tim Saunders

Fancy having lunch with one of the richest men on the planet? Now could be your chance, with an auction being run this week offering the once-in-a-lifetime opportunity to dine with Warren Buffett.

The auction opened on Sunday and has already reached bids of over $77,000, with the final proceeds going to the Glide Foundation, a nonprofit in San Francisco’s Tenderloin district that offers programs for the poor, hungry and homeless. The 77-year-old billionaire investor started donating the private lunches to charity in 2000, and last year’s winner forked out more than $650,000 to enjoy a buffet with Buffett.

And there’ll certainly be no embarrassing lapses in conversation at the table – you can take up to seven friends to enjoy the meal, which will be held at Manhattan steakhouse Smith & Wollensky.

Earlier this year, Forbes magazine estimated Buffet’s net worth at being around $62 billion, and the investor has already pledged most of that to the Bill and Melinda Gates Foundation in his will.

The auction can be accessed via eBay and ends this Friday (June 27).

Gates Talks Innovation, Philanthropy and Post-Retirement Plans

Wed, 27 Feb 2008 13:15:29 -0000

Written by Myrlia Purcell

Microsoft frontman Bill Gates spoke to students at Stanford earlier this month, praising young people for their innovation, and raising awareness for philanthropic work.

The talk began with a spoof video, during which Gates detailed his post-retirement plans. After retiring from his job at Microsoft later this year, Gates has a goal to break into the music industry. But, in the video, Jay-Z doesn’t have the heart to tell him that his chances are slim. And Bono tells him there is no chance of replacing The Edge as U2's guitarist.

“Bill, we’ve, uh, we’ve talked about this before. We’re full up in the band, Bill. All positions are filled. I know… I know… I can’t just replace Edge because you got a high score on Guitar Hero.”

Bono continues, Office-style, “Bill’s always had a passion for music… and as long as it’s not my music, I’m fine with that.”

During the spoof, Gates also considers a career in film, and goes to director Steven Spielberg for help. Spielberg does what he can, though George Clooney isn’t so hot on the idea.

The video goes on to show Gates asking Hillary Clinton and Barack Obama if he can be their running mate, and finally calling Al Gore.

“No, it’s not an inconvenient time… Yeah, I get it. That was a good one,” says Gore.

After the video, Gates returned his Stanford talk to the topics at hand. “One of the best investments any company makes is in its research group and in the relationship its research group has with universities,” Gates said. “Students have really been at the heart of a lot of breakthroughs.” Microsoft announced that same day that it is making its software development tools available to high school and college students at no cost.

Gates then discussed his plans to work full-time with the Bill and Melinda Gates Foundation, stating that his focal point is curing diseases, particularly life-threatening diseases in the Third World. He pointed out that there is a ratio of about 50 to 1 in the spending on finding a cure for baldness vs. finding a cure for malaria.

The foundation was famously pledged $37 billion by Warren Buffett in 2006, having already made grants totalling $10.5bn in the previous 12 years. Commenting on Buffett’s donation to the fund, Bill Gates said, “It is a big challenge to make sure this money gets used in the right way, but it is one we are thrilled about.” And soon, Gates will be dedicating his entire working day to doing just that.

$650,100 Charity Bid Wins Lunch With Buffett

Sun, 01 Jul 2007 13:31:24 -0000

Written by Steve Purcell

Two investors have bid $650,100 to have lunch with billionaire Warren Buffett. The annual event benefits the San Francisco homeless charity Glide.

43-year-old Mohnish Pabrai – who manages $600 million for Pabrai Investment Funds – teamed up with a friend to win this year’s auction, having bid unsuccessfully in the previous four auctions.

“We are elated,” Pabrai said. "We wanted to make sure that this year we blew everyone out of the water.

This year’s bid topped last year’s winning bid of $630,000, bringing the total raised in the last 5 years to over $2.13 million.

According to Cecil Williams, Glide’s chief executive officer, the charity serves 700,000 free meals a year and provides dozens of other social services on a $12 million budget.

Vanity Fair Charity Issue Edited By Bono

Mon, 25 Jun 2007 12:35:00 -0000

Written by Saskia Akyil

Bono is putting his philanthropic energy into Vanity Fair’s July 2007 special issue about Africa. The issue has 20 different cover photos of high-profile individuals, all taken by renowned photographer Annie Liebowitz.

The magazine includes information about the issues and charities supported by actors, athletes, models, politicians, musicians, activists, and billionaire philanthropists, all of whom are using their celebrity status and the publicity they receive to bring attention to the complex set of problems faced by the inhabitants of Africa.

Africa is a continent with great need, and has been given a disproportionately low amount of attention and aid from wealthy nations. It is the first Vanity Fair issue to have a guest editor, and Bono’s highly publicized commitment to aiding Africa makes him an obvious choice for editor of this issue. In recent years, celebrities have used their status to bring a great deal of attention to Africa.

The covers of the Africa issue include portraits of: Bono, Barack Obama, Queen Rania, George Bush, Condaleeza Rice, Muhammad Ali, Desmond Tutu, Brad Pitt, Djimon Hounsou, Madonna, Maya Angelou, Chris Rock, Warren Buffett, Melinda & Bill Gates, Oprah Winfrey, George Clooney, Jay-Z, Alicia Keys, Iman, and Don Cheadle.

The issue features numerous in-depth articles about a variety of subjects concerning Africa, including: Kenya; Desmond Tutu and the fight for equality in South Africa and worldwide; Tunisia’s success and the threat of Islamic extremism; the role of China in fueling some of the conflict in Africa; Jeffrey Sachs dream of how to eradicate extreme poverty; the consumer-action strategy of (Product) Red to make miracle AIDS treatment drugs accessible to the millions who need them; the role of the Congo’s blacklisted airline pilots in keeping trade flowing; Bill Clinton's stories of Nelson Mandela; African music; Africans defying the status quo of poverty, disease, and corruption; suggestions for platform topics for the US 2008 presidential election; the genetic data that links all people on Earth to Africa; identifying the current literary talents of Africa; Princess Diana's post-divorce charity work, in particular her mission to ban land mines; and the Africa connection of the high-profile individuals on Vanity Fair’s July 2007 issue covers.

The Vanity Fair website offers links and information about Africa, charities that benefit the continent, and full-text versions of some of the articles.

Buffett Auctions Celebrity Dinner For Charity

Sun, 04 Mar 2007 12:58:33 -0000

Written by Steve Purcell

Businessman and philanthropist extraordinare Warren Buffett is to auction off a meal with himself and celebrity friends.

A similar auction last year raised $620,000 for a business lunch with the world’s second richest man. The dinner now under auction will see the winner join Buffett, Robert Redford, musician Tim McGraw and actor James Denton of “Desperate Housewives” at the home of Buffett’s daughter Susie in Omaha, Nebraska.

The auction is taking place online at charityfolks.com, ending at 6pm on Monday 5th March. Proceeds will go to the James Redford Institute for Transplant Awareness, which advocates organ and tissue donation.

Buffett Goes Broke After 45mins of Charity Poker Tournament

Fri, 08 Dec 2006 20:47:34 -0000

Written by Steve Purcell

Bridge skills failed to help the chances of billionaire investor and philanthropist Warren Buffett in a charity poker tournament to benefit the Nebraska chapter of the Make-A-Wish Foundation.

Losing all his chips after only 45 minutes of the 50-person competition, the 76-year-old lamented, “It’s different than bridge. I was confused. I thought the low score won.”

Buffett is best known in philanthropic circles for his $37bn contribution to the Bill and Melinda Gates Foundation earlier in 2006. However, he regularly demonstrates a personal commitment to smaller-scale charity, this year auctioning off his car and a lunch with himself for good causes.

Lunch With Buffett Sells For $620k

Sun, 02 Jul 2006 09:23:48 -0000

Written by Steve Purcell

An opportunity to dine with investor and philanthropist Warren Buffett has sold at online auction for $620,100, which will go to the charity Glide.

The winning bidder was Californian investor Yongping Duan. As reported here earlier the bids for this yearly event far exceeded the levels reached in previous years.

Glide is a San Francisco charity offering support to the poor and marginalized people.

Warren Buffett Gives 85% of Fortune To Bill Gates' Foundation

Mon, 26 Jun 2006 07:45:03 -0000

Written by Steve Purcell

In a stunning move the world’s second richest man Warren Buffett has announced that he will donate around $37bn of his personal fortune to the Bill and Melinda Gates Foundation.

The sum, which represents 85% of his enormous personal fortune, will be paid in 10 million shares in his Berkshire Hathaway investments firm.

“This has been coming for 50 years,” said Buffett. “There’s never really been any other plan in terms of where the money should go.”

He added, “I am not an enthusiast of dynastic wealth, particularly when the alternative is six billion people having that much poorer hands in life than we have, having a chance to benefit from the money.”

Bill Gates and wife Melinda said in a statement, “We are awed by our friend Warren Buffet’s decision to use his fortune to address the world’s most challenging inequities, and we are humbled that he has chosen to direct a large portion of it to the Bill and Melinda Gates Foundation.”

Buffett said he chose to distribute his wealth to an existing foundation out of respect for its current work, telling Fortune magazine, “Who wouldn’t select Tiger Woods to take his place in a high-stakes golf game? That’s how I feel about this decision with my money.”

Bids For Charity Lunch With Warren Buffet Reach $455,000

Sat, 24 Jun 2006 09:28:12 -0000

Written by Steve Purcell

Wealthy investors have entered a bidding frenzy for this year’s charity lunch with the world’s second richest man, Warren Buffett.

Each year since 2000 Buffett has auctioned off an eight-person lunch with himself, donating the proceeds to San Francisco charity Glide, which helps the poor and homeless. In the last three years alone, the lunch has raised $850,000.

Bidding on eBay for this year’s lunch at a New York steakhouse has escalated faster than expected; the current highest bid is $455,100, with 5 full days remaining before the auction closes.

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