Bill Gates Throws $306 Million at Farming

Bill Gates is getting really good at spending his money.

The multi-billionaire, Guitar Hero-playing head honcho of Microsoft recently announced a $306 million donation in grants to develop farming in poor countries, meant to lead the charge of corporate responsibility.

The announcement drew quite a bit of attention from the finance posse at the World Economic Forum in Davos, Switzerland, particularly the standing ovation Gates received for his announcement at the suggestion of U2 frontman Bono.

"The challenge here is to design a system including profit and recognition to do more for the poor," Gates said, calling for a new form of "creative capitalism."