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Warren Buffett Gives Record Annual Summer Gift to Gates Foundation, Family Nonprofits
- On Monday, Warren Buffett contributed 12.36 million Berkshire Hathaway Class B shares valued at $6 billion to the Gates Foundation along with four of his family’s charitable organizations.
- Buffett began distributing his fortune in 2006 and plans to end donations to the Gates Foundation after his death, letting his three children decide the remaining estate's distribution.
- The shares were divided with 9.4 million to the Gates Foundation and smaller amounts to the Susan Thompson Buffett, Sherwood, Howard G., and NoVo Foundations, which are led by family members.
- Berkshire's Class B stock has outperformed the broad U.S. market, climbing 19.1% over the past year compared to the market's 14.1%, with each B share valued at $485.68 at Friday’s close.
- Buffett, 94, who will step down as CEO at the end of this year, has given roughly $60 billion to charity primarily through five foundations, representing about 99% of his net worth in Berkshire stock.
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Tulsa WorldReposted by 
North Platte Nebraska's Newspaper
North Platte Nebraska's NewspaperBuffett announces $6B in donations
NEW YORK — Famed investor Warren Buffett plans to donate $6 billion worth of his company's stock to five foundations, bringing the total he's given to them since 2006 to roughly $60 billion, based on their value when received.
·Tulsa, United States
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U.S. tycoon Warren Buffett made a new donation on Friday, June 29, totalling $6 billion in Berkshire Hathaway shares, his largest annual contribution since he began handing over his fortune to philanthropy in 2006.
Omaha World-Herald+3 Reposted by 3 other sources
Here's where Warren Buffett donated $6 billion in Berkshire Hathaway stock
Warren Buffett has donated $6 billion worth of his company’s stock to five foundations, bringing the total he has given to them since 2006 to roughly $60 billion.
·Omaha, United States
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Leaning Left1Leaning Right1Center10Last UpdatedBias Distribution83% Center
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- 83% of the sources are Center
83% Center
C 83%
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