The talk at Forbes’s second annual summit on philanthropy, held in June at the United Nations, was about children. Specifically, how to raise them in a way that encourages them to change their world, rather than obsess over which sports car is in their garage. Warren Buffett, his son Peter, Marilyn Carlson Nelson (former chairperson of the Carlson Companies and her family’s matriarch) and Liesel Pritzker, from the fourth generation of that Chicago dynasty, led a roundtable on the singular circumstances of super-wealthy families and held the audience of 150 billionaires or near-billionaires rapt.
He also talked a lot about the best philanthropy being a job. And so every time we’d open a new hotel or a new property, it was important to him to share how many jobs we created. We had a kind of oral history, and he left a credo: “Whatever you do, do with integrity. Wherever you go, go as a leader. Have the courage to lead. Whenever you serve, serve with caring. Whenever you dream, dream with your all. And innovate, and never give up.”
Forbes: Peter, what was it like for you then?
(This story appears in the 18 October, 2013 issue of Forbes India. To visit our Archives, click here.)
Buffett sets a classic example - show your money or show your work. He prefers the latter. Time to wake up!
on Oct 13, 2013There are so many interesting stories about Billionaire. This story is one among them.
on Oct 11, 2013Children should be brought up as though they hve limited resources so tht they would be using their resources wisely
on Oct 10, 2013