Warren Buffett Diagnosed With Stage I Prostate Cancer

WoodysGirl

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By Elizabeth Trotta | Yahoo! Finance – 21 hours ago

Warren Buffett said in a letter to shareholders on Tuesday that he has been diagnosed with stage 1 prostate cancer. The 81-year-old billionaire investor and CEO of Berkshire Hathaway (BRK-A) said the situation wasn't life threatening, but he would let shareholders know if it deteriorated.

Buffett said "the good news" is that doctors have indicated his condition isn't "remotely life threatening or even debilitating in any meaningful way." He went on to say he would let shareholders know immediately should his health situation change. "Eventually, of course, it will; but I believe that day is a long way off," he said.

Warren Buffett and his wife Astrid Menks arrive for a State Dinner on March 14, 2012. …According to the National Cancer Institute, the five-year survival rate for those diagnosed with prostate cancer that's localized is 100%.

Buffett was diagnosed on Thursday and followed up with a doctor's consultation on Monday, from which he went directly back into a business meeting, according to CNNMoney.

Read more: http://finance.yahoo.com/news/warren-buffett-diagnosed-with-stage-i-prostate-cancer.html
 

Faerluna

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The30YardSlant;4512347 said:
I guess he'll finally have to start spending all that money.

He actually spends a considerable amount of it currently.

http://www.reuters.com/article/2010/06/16/us-philanthropy-buffett-gates-idUSTRE65F5CC20100616

Jun 16, 2010

(Reuters) - Investor Warren Buffett and Microsoft (MSFT.O) founder Bill Gates announced on Wednesday that they are asking hundreds of billionaire Americans to give away at least 50 percent of their wealth to charity.

Buffett, who made his fortune with insurance and investment company Berkshire Hathaway Inc (BRKa.N) (BRKb.N), Gates and his wife, Melinda, have held a series of dinners with a couple dozen rich Americans in the past year to urge them to make a philanthropic pledge.

They have named the campaign the Giving Pledge and are asking those who commit to giving away at least half their fortune during their lifetime or after their death to publicly state their intention with a letter explaining their decision.
 
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