It was interesting to see the news item that Bill Gates is planning to spend full time on managing Bill & Melinda Foundation activity from 2008 and started the top management transition to Ray Ozzie & Craig Mundie. Interestingly, our own NR Narayana Murthy announced the transition of handing over the mantle in 1999 and actually handed over charge in 2002; he is also stepping down as Executive Chairman on Aug 20, 2006 when he turns 60.
In yet another development Warren Buffet has agreed to transfer several billions of dollars to Bill & Melinda Foundation over the next several years.
India has always held “giving away” – power, position, money – in high respect. “Tyaga” is considered the pathway to Heaven. It is interesting to note the “capitalists” following our “Dharma” than people of the “land of Dharma”!