Buffett Donates $6 Billion to Foundations
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Warren Buffett donated $6 billion in Berkshire Hathaway stock to five foundations, increasing his total donations since 2006 to roughly $60 billion. The largest recipient is the Bill & Melinda Gates Foundation Trust. This donation consists of nearly 12.4 million Class B shares. Buffett previously announced he'd cease donations to the Gates Foundation after his death, leaving his children to manage his remaining fortune. Berkshire Hathaway's stock performance has outpaced the broader market.
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