• All Share : 47508.19
    DOWN -1.44%
    Top 40 : 3792.62
    DOWN -2.34%
    Financial 15 : 13998.12
    DOWN -0.75%
    Industrial 25 : 56998.24
    DOWN -1.61%

  • ZAR/USD : 10.9319
    DOWN -0.59%
    ZAR/GBP : 17.5085
    DOWN -0.79%
    ZAR/EUR : 13.8401
    DOWN -0.49%
    ZAR/JPY : 0.1016
    DOWN -0.96%
    ZAR/AUD : 9.6120
    DOWN -0.27%

  • Gold : 1237.3800
    DOWN -0.35%
    Platinum : 1258.5000
    DOWN -0.28%
    Silver : 17.0800
    DOWN -0.64%
    Palladium : 768.5000
    UP 0.20%
    Brent Crude Oil : 84.990
    UP 0.33%

  • All data is delayed by 15 min. Data supplied by I-Net Bridge
    Hover cursor over this ticker to pause.

Thu Oct 23 13:41:34 SAST 2014

Warren Buffett to sing on Chinese online gala: Report

Sapa-AFP | 05 January, 2012 11:25
Warren Buffett. File picture
Warren Buffett. File picture

US billionaire philanthropist Warren Buffett is scheduled to sing and play guitar in a Chinese gala broadcast on the Internet to mark the upcoming Lunar New Year of the Dragon, state press says.

The 81-year-old investment guru known as the "Oracle of Omaha" has already videotaped his performance, which is to be aired on the website of China's state television CCTV from January 23, the official Xinhua news agency said.

"We all know that Buffett is good at investment, but few knew he also did well in singing," the report quoted Wang Pingjiu, a production executive for the so-called Spring Festival Web Gala, as saying.

Wang refused to name the song that Buffett -- who holds a stake of nearly 10 percent in Chinese auto group BYD -- will perform. It is unclear where his performance was recorded.

The gala will be broadcast on CNTV.cn, and will also feature Hong Kong film and kung fu star Jackie Chan, the report said.

A condensed version of the show -- timed to mark the Chinese New Year, which falls on January 23 -- will also be aired on state television, it added.

CCTV refused to comment on the Buffett performance when contacted by AFP.

The philanthropist, who has pledged to give most of his fortune away to charity, is no stranger to China.

In September 2010, he and fellow billionaire Bill Gates triggered huge media hype when they hosted a banquet in Beijing for China's super-rich to discuss charitable giving.

The banquet prompted a huge debate about philanthropy in China, the world's second-largest economy, which had 146 dollar billionaires last year, second only to the United States' 413, according to Forbes magazine.

Buffett has long been seen as a model investor by China's growing legions of rich, many of whom hope to emulate the investment guru's feats as the nation's economy grows.


If you have an opinion you would like to share on this article, please send us an e-mail to the Times LIVE iLIVE team. In the mean time, click here to view the Times LIVE iLIVE section.