Billion, Donation | featured news

A kid raised in a middle-class Boston suburb, Michael Bloomberg took out loans to pay for his tuition at Johns Hopkins University and worked as a parking lot attendant.

Donor nations meeting at a conference on aid to Afghanistan here Sunday pledged $16 billion over the next four years for civilian projects from roads to schools to strengthening rule of law, in exchange for pledges from the Afghan government to combat corruption.

Warren Buffett has donated another $1.93 billion to five charitable foundations, the third-highest amount since the investor began donating 99 percent of his wealth in 2006.