December 14th, 2010
01:21 PM ET
WASHINGTON (CNN) – President Obama spent part of his Tuesday morning meeting with some pretty heavy hitters in the worlds of business and philanthropy – Bill and Melinda Gates, and Warren Buffet.
A White House official told CNN that Obama invited the three to the Oval Office to discuss "The Giving Pledge," the initiative they launched that invites wealthy individuals and families to commit a majority of their fortune to philanthropic efforts.
During the visit they also discussed ideas for how to grow the economy, and how to make America "more competitive including investment in education to better prepare the next generation and investing in innovative areas with opportunity for growth," according to the official.
Bill Gates and Warren Buffet were rated the two richest Americans respectively on the latest list by Forbes earlier this year.
Earlier this month, Mark Zuckerberg, the 26 year old founder of Facebook, along with investor Carl Ichan, and AOL co-founder Steve Case, announced they would join the initiative and donate most of their fortunes to charity.