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First item on the agenda: fixing the world - Americas, World - The Independent

There are the great, and there are the good, and then there are those who are both - and in a plush Manhattan residence overlooking the East River earlier this month, America's greatest philanthropists assembled for a closed-doors meeting to discuss how best to tackle some of the world's most pressing problems, from disease to education to poverty reduction.

This first Philanthropists Summit was put together discreetly by the Microsoft founder, Bill Gates, and the investment guru Warren Buffett, the world's wealthiest and second-wealthiest men respectively. And the list of attendees reads like a page from the Forbes magazine Rich List.

The event comes at a time of great difficulty for many charities, whose rich donors have seen much of their wealth evaporate with the credit crisis and whose own endowments have suffered big losses.

Even the existence of the meeting was kept quiet and details have only been seeping out over the past few days, igniting the blogosphere with conspiracy theories. What could the likes of Oprah Winfrey, the New York Mayor Michael Bloomberg, the currency speculator George Soros and the media mogul Ted Turner be cooking up between them?

by Fran on Fri May 22nd, 2009 at 01:57:28 PM EST
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