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China's tycoons shun Gates-Buffett dinner invite

By Steven Jiang, Beijing, China (CNN) - In the world of business, who in their right mind would turn down the opportunity to dine with Bill Gates and Warren Buffett? Chinese tycoons, apparently.

State media has been abuzz over the story of a number of top Chinese entrepreneurs declining to join the two American industry titans-turned-philanthropists for dinner in Beijing later this month.

The alleged reason: Fear of being pressured to make huge donation commitments.

Gates, co-founder of Microsoft, and Buffett, who heads the Berkshire Hathaway investment firm, are two of the world's richest men and have devoted most of their personal fortune to charitable causes. They recently persuaded 40 U.S. billionaires to pledge giving at least half their wealth to charity.

The China office of Bill and Melinda Gates Foundation remains tight-lipped about details of the Beijing event, telling CNN that Gates and Buffett will host "a private gathering to discuss philanthropy development" with their Chinese counterparts on Sept. 29.

Chen Guangbiao, a self-made multimillionaire and one of the few confirmed guests of the dinner, has published an open letter to the U.S. power duo to heed their call -- by donating his entire fortune, an estimated $735 million, to charity upon his death.

"I don't want to become a slave to my wealth," Chen told CNN. "Every dollar I made was with the help of others -- so I want to give it back to society and make my life more meaningful and valuable."

http://sprint.mw.cnn.com/primary/_v6zZIo-iQIEzRoo3d

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good for them . . .

"Americans" are so socially naive--

and arrogant and presumptuous . . .

think everyone wants to eat with them--

*snicker*

it's hard to be awake; it's easier to dream--

The funds from these

charities will likely be used for population reduction. The heck with them.

Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.

You may be right

and I may be crazy, but...
they recently persuaded 40 U.S. billionaires to pledge giving at least half their wealth to charity.
That's quite a chunk of change for so many to give for such a horrible cause. I'd like to think its for a higher purpose, but I guess time will tell.

-
"Stand up for what you believe in. Even if you stand alone."
~ Sophie Magdalena Scholl
"Let it not be said that we did nothing."
~ Ron Paul
"You must be the change you want to see in the world."
~ Mahatma Gandhi

..and just what charities?

..and just what charities? Something that benefits big Pharma, with no cures in sight, I bet..too bad the charities are not the Humane society, or the organic food and natural medicine people.

Well...

I don't really know, Crickett! The article mentioned putting their wealth back into society, but that wasn't very specific, was it? It is my hope that someday, all the people on our planet will be able to live a life with simple basic dignity, and no one will ever have to suffer hunger or homelessness again. Hopefully someday, if these wealthy people have their way, maybe that will be possible. I hope I see that in my lifetime. If this article is any indication - maybe I will!
And I understand that many here abhor this type of thinking, they feel that those who have should not be made to feel sympathetic to those who have not - much less should they be forced to give any help or aid of any kind to them against their will. Well, maybe this program will make everyone happy and only the wealthiest will give of their excess so that all people on our planet will have their basic needs met. I pray for that day!

-
"Stand up for what you believe in. Even if you stand alone."
~ Sophie Magdalena Scholl
"Let it not be said that we did nothing."
~ Ron Paul
"You must be the change you want to see in the world."
~ Mahatma Gandhi

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