Melinda French Gates recently said Berkshire Hathaway CEO Warren Buffett’s latest plan for what will happen to his massive fortune after his death did not come as a shock to her.
She said in a new The New York Times interview it "did not surprise me" when Buffett revealed the vast majority of his wealth will now transfer into a charitable trust that his three adult children will be tasked with operating when he passes away. The longtime CEO of Berkshire Hathaway, whose estimated net worth hovered around $138.
Buffett had a Berkshire stake of 207,963 Class "A" shares and 2,586 Class "B" shares post-donation. The latter type of Berkshire stock has posted an over 24% jump in the past 12 months. Meanwhile, French Gates, a billionaire herself with an estimated net worth of $11 billion according to Forbes, has so far promised $2 billion to "expand women’s power and influence" through her Pivotal Ventures.
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