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Buffett Makes Annual Donation to Bill Gates Foundation

Warren Buffett, the billionaire who pledged to donate most of his wealth to charity, contributed stock valued at $1.52 billion in his annual gift to the foundation created by Microsoft Corp. co-founder Bill Gates.

Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., donated about 18.4 million of his company’s Class B shares to the Bill and Melinda Gates Foundation, according to a filing issued yesterday. The shares closed at $82.54 in New York.