Warren Buffett, the 93-year-old billionaire investor, has announced a significant philanthropic move by donating up to $5.3 billion worth of Berkshire Hathaway shares to five charities on Friday. This marks his largest annual donation since he began his philanthropic efforts in 2006. The beneficiaries of this record donation include the Bill & Melinda Gates Foundation, the Susan Thompson Buffett Foundation, the Sherwood Foundation, the Howard G. Buffett Foundation, and one other unnamed charity. Additionally, Buffett revealed that most of his wealth will be directed to a new charitable trust overseen by his three children after his death. He emphasized that the Gates Foundation will not receive any more funds from his estate posthumously. This decision provides a preview of Buffett's will and his plans for his $130 billion fortune, which will be made public upon his passing.
Buffett Makes $5.3 Billion in Gifts to Gates Foundation, 4 Family Charities https://t.co/szr9z62zB8
Warren Buffett Just Gave Another $5.3 Billion To Charity https://t.co/6NpRczlriR
Warren Buffett is giving some visibility into what he plans to do with his fortune. https://t.co/uFSx7QSRwx
Munger once again convincing Buffett beyond the grave. Next up Bill gonna start Real Gates Foundation (no ex wife) and get it back https://t.co/rkEzlsqvoK
Warren Buffett says he'll put his $130 billion fortune into a charitable trust run by his children after he dies https://t.co/fQLjHZorLT
Warren Buffett donates record US$5.3-billion Berkshire shares to five charities https://t.co/8Z3J8h3GU5
Warren Buffett gives us a preview of his will https://t.co/Il1qEAoZKQ via @WSJ
Warren Buffett Gives Us a Preview of His Will via @WSJ https://t.co/RpaeI1BXKk
Warren Buffett donates record $5.3 billion in Berkshire shares https://t.co/oyxVfVFdcc . . . #WarrenBuffett | #Berkshire | #Berkshireshares | #RepublicBusiness | #RepublicTV | #RepublicWorld https://t.co/IkJe4mOBTc
Exclusive: Warren Buffett gave us a preview of his will. Here’s how he plans to give away one of the great fortunes of the modern era. https://t.co/Gij6oIp0wB https://t.co/Gij6oIp0wB
Warren Buffett talked about the new charitable trust in November, saying his 3 children will oversee it after his death. He also said his will will be made public. https://t.co/KhWsU8upiY https://t.co/ytDdUqFDph
Warren Buffett on Friday made his biggest annual donation to date, giving $5.3 billion worth of Berkshire stock to 5 charities He told WSJ after his death, his $130 billion fortune will be directed to a new charitable trust overseen by his three children. https://t.co/VOmu635YRy
Warren Buffett gives away another $5.3 billion, says his children will manage his estate https://t.co/EOYMXROBXX
#WarrenBuffett donates $5.3 billion worth #Berkshire shares https://t.co/lVZ8tLGy12
Warren Buffett is donating another $5.3 billion of Berkshire Hathaway $BRK.A to the Bill & Melinda Gates Foundation and four family charities, his biggest annual donation since he began making them in 2006 - Reuters
Warren Buffett owned ~475K Class A Berkshire shares worth $43B in 2006, the year he started giving away a significant portion of his wealth. In the following 18 years, he's given away Berkshire shares worth ~$55B (at the time of receipt) and still has a net worth (based nearly…
Buffett leaving his A shares to a foundation run by his kids vs converting As to Bs and giving them to the Gates Foundation is very big news. Much will depend on how quickly Buffett wants the foundation to spend down its assets. But I feel much better about voting control now.
“The Gates Foundation has no money coming after my death.” — Warren Buffett https://t.co/gHD3bdP0ZV
“The Gates Foundation has no money coming after my death.” — Warren Buffett —Warren BuffettWarren Buffett-—Warren Buffett https://t.co/gHD3bdOtan
Warren Buffett has always given the Gates Foundation the biggest share of hsi donations. Something happened and Warren has dumped Bill. $brk $msft https://t.co/eu9aeGtKNm https://t.co/nGPFx2hj4X
JUST IN - WARREN BUFFETT: 'GATES FOUNDATION HAS NO MONEY COMING AFTER MY DEATH' - WSJ
🚨🇺🇸BUFFETT JUST DONATED BILLIONS: WHAT DOES IT MEAN? Warren Buffett, 93, is donating $5.3 billion in Berkshire Hathaway shares to 5 charities. The beneficiaries are the Bill & Melinda Gates Foundation, Susan Thompson Buffett Foundation, Sherwood Foundation, Howard G. Buffett… https://t.co/Asst1jmUKm
Warren Buffet donates billions in stock to charities https://t.co/STsgEsk8hP
Warren Buffett to donate up to $5.3 bln of Berkshire shares https://t.co/hzwG7m9FcJ https://t.co/H4U8dXcOIX
$BRK.A $BRK.B - Warren Buffett gives us a preview of his will https://t.co/yw4EDNVAb0 via @WSJ
🔵 WARREN BUFFETT TO DONATE UP TO $5.3 BILLION OF BERKSHIRE SHARES Warren Buffett will donate up to $5.3 billion of Berkshire Hathaway's shares to five foundations, the investment conglomerate said on Friday. Full Story via Reuters on PiQ Suite https://t.co/mmQYXCXYX4
BUFFETT SAYS MOST OF WEALTH WILL GO TO A NEW CHARITABLE TRUST OVERSEEN BY HIS CHILDREN -- WSJ BUFFETT: 'GATES FOUNDATION HAS NO MONEY COMING AFTER MY DEATH' -- WSJ
Warren Buffett gives us a preview of his will https://t.co/N7lCfCVw9i
Everyone: "Billionaires should sign Gates pledge!" Billionaire Taylor Swift, scrooge: "Mother is amazing bc she donates to foodbanks!" Wut?
Warren Buffett's Berkshire Hathaway has accelerated its selling of shares in BYD , China's largest seller of electric vehicles. https://t.co/7sX1E0kcm1
Warren Buffett's Berkshire Hathaway dumped over 2 million BYD shares on June 19 to rake in HKD473 million (USD65.2 million), per a Hong Kong bourse filling yesterday. The investment firm pared its stake in @BYDCompany to 6% from 24.6% in August 2022. https://t.co/zvtqQNznYI
Warren Buffett’s Berkshire Hathaway accelerates divestiture of holdings in China’s largest EV seller https://t.co/q1R6EztLI8
#Warren Buffet's Berkshire Drops #BYD Stake Despite EV Leader Seeing Record Sales Despite BYD's record sales and market dominance, Warren Buffett's Berkshire Hathaway has steadily reduced its stake to below 6%.
Warren Buffet's Berkshire Drops BYD Stake Despite EV Leader Seeing Record Sales Despite BYD's record sales and market dominance, Warren Buffett's Berkshire Hathaway has steadily reduced its stake to below 6%. Berkshire's ongoing sell-off in BYD aligns with Buffett's strategy to… https://t.co/q8bG7i0eYg
🔵 BERKSHIRE HATHAWAY ACCELERATES SALES OF CHINA'S BYD Warren Buffett's Berkshire Hathaway has accelerated its selling of shares in BYD, China's largest seller of electric vehicles. Full Story via Reuters on PiQ Suite - Link in Bio https://t.co/Ja67fA3Rbr