$600,000,000,000 waste

Warren Buffet and Bill Gates are challenging billionaires to give away half their wealth to charity. I can't help but think that is a waste of money.

Which would help more people, and raise more people out of poverty: $600B given to charity, where it does little to create economic wealth, or a massive $600B venture capital fund which helped small businesses--and tomorrow's large ones--get off the ground, and in turn growing wealth for everyone.

What a waste.