Warren Buffett Donates $3.4 Billion to Charities in Latest Gift
- Buffett has given Berkshire shares valued at $31 billion
- Recipients include Gates foundation, family-run charities
Warren Buffett
Photographer: Scott Eells/Bloomberg
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Warren Buffett contributed $3.4 billion to five charities as the investor continues making good on a pledge to give away all of his Berkshire Hathaway Inc. shares.
Buffett, 87, has donated a total of about $31 billion to the foundations, according to a statement Monday from Berkshire, where he is chief executive officer and chairman. The latest gift, comprised of about 17.7 million Class B shares, went to charities including the Bill and Melinda Gates Foundation, one named after his first wife who died in 2004, and each of his children’s foundations.