Super-rich get wealthier faster | | Guardian Unlimited Business

Super-rich get wealthier faster | | Guardian Unlimited Business: "Super-rich get wealthier faster


Angela Balakrishnan
Wednesday June 27, 2007
Guardian Unlimited

The US billionaire Warren Buffett. Photograph: AP
Warren Buffett, the world's second-richest man, last year donated 85% of the $45bn earned from his lifetime of investments to a foundation established by Microsoft's Bill Gates and his wife Melinda. Photograph: AP

The wealth of the world's super-rich soared last year at the fastest rate for seven years. The rise in riches was accompanied by a surge in charitable giving to $285bn - believed to be a record."