Pursuits
Buffett Makes Record Gift, Counts on Zuckerberg to Extend Reach
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Warren Buffett, the second-richest person in the U.S., made his largest single charitable contribution with a gift of $2.1 billion to the Bill and Melinda Gates Foundation as he seeks to encourage giving by the wealthy.
The chairman and chief executive officer of Omaha, Nebraska-based Berkshire Hathaway Inc. gave 16.6 million Class B shares yesterday in an annual gift to the foundation, where he is a trustee, according to a regulatory filing today. The donation beat last year’s record gift of $2 billion, when he gave 17.5 million shares. The stock has gained 8.4 percent this year to $128.49 as of 4 p.m. in New York.