Unless he's your husband or your celebrity crush (everyone has a type),Warren Buffett is probably not the man you associate with your vagina.But for the 10 percent (and growing) population of U.S.women who have IUDs,Warren Buffett is a silent hero.In a new report published inBloomberg Businessweek(worth purchasing for the cover art alone),reporter Karen Weise goes deep on how Buffett and his deceased wife's donated billions of dollars to fund the research and effectiveness of intrauterine devices,culminating in the development of the first generic IUD,Liletta,which aims to be much more affordable than the usual roundup (Skyla,Mirena,and Paragard).
What's more is—Buffett doesn't want any press for it.Nope.Weise found that more than a billion dollars worth of anonymous donations across various clinics and studies related to empowering women's sexual health can be traced back to the Susan Buffett Foundation (named in honor of Buffett's first wife).The reason?To avoid politicizing Buffett's main corporate interests and also (formerly) to protect Buffett's Pampered Chef workers,who spent a lot of time hosting Tupperware-like parties in neighborhood homes at a time when contraceptive health,and any mention of the word "abortion" (Buffett and his wife also helped fund the development of RU-486,the abortion pill) could cause a serious safety hazard.
The article is an eye-opening evolution in how this amazing foundation and the country's attitudes shifted gears when thinking about contraceptive methods.The foundation initially spent more than $200 million researching abortions,and now it's shifted its funding to contraceptive methods that ultimately result in fewer abortions but still allow women to take charge of their sexual health.
Overall,the Buffett Foundation's studies have been a major success inreducing teen and unwanted pregnancyin Colorado andexpanding knowledge and access to the IUDacross the country.They took a health issue many women were afraid of for years and turned into one of the safest,most effective options on the market.
Not a bad way to spend billions of dollars.