- Warren Buffett has given away another 6 billion US dollars. The most recent philanthropic donation went largely to the Gates Foundation, with the rest of charity organizations being managed by his children.
Warren Buffett gave away most of his assets since he started in 2006.
The soon CEO of. Berkshire Hathaway has donated 12.36 million Berkshire Class B shares worth 6 billion US dollars to the Gates Foundation and four family aid organizations. The Gates Foundation received the majority of the shares with a gift of 9.43 million.
Of the remaining almost 3 million shares, 943,384 went to the Susan Thompson Buffett Foundation. And 660,366 shares were directed to three charity organizations that were run by his children: the Howard G. Buffett Foundation, the Sherwood Foundation (operated by daughter Susie) and the Novo Foundation (operated by his son Peter).
The 94 -year -old Buffett donated and distributed 5.3 billion US dollars in shares in June last June Another 1.14 billion US dollars last November last NovemberIn a Thanksgiving tradition for him.
“The father always wins the time,” he wrote in November. “But he can be moody – indeed unfair and even cruel – sometimes life at birth or soon afterwards, while at other times about a century before I took a visit. So far I was very lucky, but soon he will come to me.”
Buffett announced last month that he would resign as CEO of Berkshire Hathaway at the end of the year. In A Preview of his willHe found that donations will end to the Gates Foundation after his death, with the majority of his assets being transferred to a new non -profit trust, which is monitored by his children – and the three must unanimously decide how the money is distributed, he said.
Buffett is currently classified as an eighth richest person in the world Bloomberg billionaire indexWith a value of 152 billion US dollars.
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