Theme:
Light Dark Auto
GeneralTop StoriesPoliticsBusinessEconomyTechnologyInternationalEnvironmentScienceSportsHealthEducationEntertainmentLifestyleCultureCrime & LawTravel & TourismFood & RecipesFact CheckReligion
BUSINESS

Buffett Donates $6 Billion to Foundations

Read, Watch or Listen

Buffett Donates $6 Billion to Foundations

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.

Prepared by Christopher Adams and reviewed by editorial team.

Related News

Comments

JQJO App
Get JQJO App
Read news faster on our app
GET