Warren Buffett, 94, Donated A record billion for five foundations on Monday The largest annual donation Since he began his charity journey in 2006.
The CEO of Burkeshire Heathwee donated shares of about 12.36 million Berkshire Class B, giving his overall life more than $ 60 billion.
He gave the Gates Foundation 9.43 million shares, the Susan Thomson Buffett Foundation 943,384 shares, and their children, Howard, Susi, and each of the three organizations led by Peter Buffett, each of them 660,366 shares.
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These donations were delivered on Monday.
Warren Buffett. Paul Morigi/Wire Isemage Photo
Buffett noted In a press release For the first time, on June 26, 2006, he made a lifetime promise to five foundations, when he had about $ 43 billion worth of Burkshire shares, representing more than 98 % of his total value.
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In almost two decades since this commitment, Buffett has neither purchased nor sold any shares of Berkeshire “, and has said that he does not intend to do so in the future. Only in the last five years, Berkshire has increased in stock. More than 170 % And the good fortune of the buffet has increased as well.
After Monday’s donation, Buffett still owns a $ 145 billion Burkshire shares, comprising the majority of his total value.
“I have no debt and the rest of my shares cost about $ 145 billion, which is more than 99 % of my net worth,” Buffet said in a press release.
Before the Monday donated, Bloomberg billion leaf index It is estimated that Buffett was the eighth richest man in the world, with a total of $ 152 billion. The total value of about $ 145 billion will make him the eleventh richest man.
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Buffett’s donation this year is more than $ 5.3 billion in the last June. Buffett changed his will last year that his 99.5 % fortunate will be kept in a charitable trust by his three children after his death. Buffett’s children will have about a decade to decide where the money will go and it will have to make the decision unanimously. Susie Buffett 71, Howard Buffet 70, and Peter Buffett 67.
Each of their organization has a different focus. Susi Buffett Susan Thomson performs helmets of the Buffett Foundation, which supports reproductive health, and the Shirwood Foundation, which focuses on nebraska’s non -profit and early childhood education. The Howard Buffet Foundation, named after its superiority, calls for ending global hunger and conflicts, while the Novo Foundation, headed by Peter Buffett, supports backward women and indigenous communities.
Warren Buffett has led the Burkeshire since 1965. Collective, worthwhile trip 1 trillion At the time of writing, it owns More than 60 companiesIncluding Jaco, Durasil, and Dairy Quinn. Buffett announced in May that he would retire as CEO of Berkeshire in January, and his successor, 62 -year -old Gregable, will take over.
Warren Buffett, 94, Donated A record billion for five foundations on Monday The largest annual donation Since he began his charity journey in 2006.
The CEO of Burkeshire Heathwee donated shares of about 12.36 million Berkshire Class B, giving his overall life more than $ 60 billion.
He gave the Gates Foundation 9.43 million shares, the Susan Thomson Buffett Foundation 943,384 shares, and their children, Howard, Susi, and each of the three organizations led by Peter Buffett, each of them 660,366 shares.
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