He understands agriculture and feels that he should be able to do something about the poor war torn countries that are literally left alone with no significant leaders. The poor people there need food, are dirty, they don’t have adequate sanitation, no good water and he saw farmers that couldn’t even feed themselves. In places like El Salvador he is funding training programs for small farmers. 5,000 farmers are learning new planting and fertilizing techniques to improve the quality of their corn and red beans.
Since his training programs, the farmers he has helped claimed to have doubled their incomes. Warren, his father is proud that he at least instills a business sense into these people. So, Howard insists that the farmers learn accounting and manage their credit . They must buy their own seeds. He is making a big difference but on a small scale. As his father’s fame and fortune grew, Howard’s career went no where especially when he dropped out of 3 colleges one after another.
Don’t start crying too much for his children. They without much college are doing just fine. Howard, Susan and the other son Peter have gotten multi-million dollar gifts of money and Berkshire Hathaway stock from Warren. On top of their gifts each child is being given One Billion dollars to go to their philanthropy. Still, Why does Bill Gates get 31 Billion Dollars?
Howard even admits that once in a while the 3 kids call him ‘Brother Bill.” Warren Buffett is now 81 years old and has picked Howard to be Chairman of the Board for Berkshire Hathaway after his death and if the Board approves him despite no finance background, Howard would NOT be paid and NOT run the company day to day.