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What will be the impact of Buffett's $5.3 billion donation on large-scale philanthropy?
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Warren Buffett•Berkshire Hathaway•Susan Thompson Buffett Foundation•Sherwood Foundation•Buffett•Gates Foundation•Reuters•PiQ Suite
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Warren Buffett to Donate $5.3 Billion in Berkshire Shares to Gates Foundation and Others
Jun 28, 2024, 12:42 PM
Warren Buffett, the 93-year-old chairman and CEO of Berkshire Hathaway, announced he will donate up to $5.3 billion in Berkshire Hathaway shares to five foundations. The beneficiaries of this significant donation include the Bill & Melinda Gates Foundation, the Susan Thompson Buffett Foundation, the Sherwood Foundation, and the Howard G. Buffett Foundation. This marks Buffett's largest annual donation since he began his philanthropic efforts in 2006. Notably, Buffett has stated that the Gates Foundation will not receive any money after his death, signaling a shift in his charitable giving strategy. Full story via Reuters on PiQ Suite.
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