Wait, Didn't Gates And Buffett Give Away Their Billions?

03/16/2012 08:53 am ET

The thing that struck me first about Bloomberg’s new updated-daily Billionaires Index was the fact that Bill Gates and Warren Buffett are still in second and third place, respectively. Aren’t they both supposed to have given most of their money to the Gates Foundation? How can they give it all away and yet still be among the world’s richest people?

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