Buffett, 93, plans to give away more than 99% of the fortune he built at Berkshire, which he has run since 1965, with his children serving as executors of his will.
Warren Buffett ’s donations boost his overall giving to the charities to about $57 billion, including to the family charities in the last two Novembers.Buffett is donating 9.93 million shares to the Gates Foundation, and has donated more than $43 billion of Berkshire shares there overall.
He is also donating 993,035 shares to the Susan Thompson Buffett Foundation, named for his late first wife, and 695,122 shares to each of three charities led by his children Howard, Susan and Peter: the Howard G. Buffett Foundation, the Sherwood Foundation and the NoVo Foundation. Buffett, 93, plans to give away more than 99% of the fortune he built at Omaha, Nebraska-based Berkshire, which he has run since 1965, with his children serving as executors of his will.Feds charge nearly 200 doctors, nurses and others in $2.
Despite having given away more than half of his Berkshire stock since 2006, Buffett still owns about one-seventh of the outstanding shares. He was worth $134.3 billion before the latest donations, making him the world’s eighth richest person according to Forbes magazine.In a statement, Buffett said he was worth about $44 billion when the donations began, but that the benefits of compounding, “simple and generally sound capital deployment” at Berkshire, and the “The Howard G. Buffett Foundation works to alleviate hunger, mitigate conflicts including in Ukraine, and improve public safety.
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