Buffett donates over $750 million to his family charities
2 years, 1 month ago

Buffett donates over $750 million to his family charities

Associated Press  

— Billionaire investor Warren Buffett donated more than $750 million in Berkshire Hathaway stock to the four foundations run by his family Wednesday, but unlike his annual gifts to charity each summer, the recipients didn’t include the Bill & Melinda Gates Foundation. A filing with the Securities and Exchange Commission showed Buffett gave 1.5 million Class B shares in the Omaha, Nebraska-based conglomerate he leads to the Susan Thompson Buffett Foundation, named for his first wife. He also gave 300,000 Class B shares apiece to the three foundations run by his children: the Sherwood Foundation, the Howard G. Buffett Foundation and the NoVo Foundation. In June, he gave 11 million Class B shares to the Gates Foundation, 1.1 million B shares to the Susan Thompson Buffett Foundation and 770,218 shares apiece to his children’s three foundations.

Foundation Omaha His Children Buffett Family Charities  donations  million  gates  gifts  donates  foundations  b  foundation  family  charities  750  shares  major  buffett

History of this topic

Warren Buffett donates $1.1 billion, reveals wealth distribution plan after death
Trending News
3 weeks, 6 days ago

Warren Buffett donates $1.1 billion, reveals wealth distribution plan after death

India Today  

Warren Buffett, the billionaire investor and philanthropist who leads Berkshire Hathaway, has donated another $1.1 billion to several foundations. In his latest letter to Berkshire Hathaway shareholders, the 94-year-old provided a deeply personal reflection on life’s unpredictability and shared detailed plans for the distribution of his wealth after his passing. BUFFETT’S LATEST DONATIONS Buffett announced the conversion of 1,600 Class …

Warren Buffett’s $150 billion question: The posthumous wealth plan of the Oracle of Omaha
4 weeks ago

Warren Buffett’s $150 billion question: The posthumous wealth plan of the Oracle of Omaha

Firstpost  

Warren Buffett, the 94-year-old billionaire investor, has unveiled his most detailed plan yet for distributing his $150 billion fortune after his death. In a candid letter, Buffett revealed that his three children will have a decade to allocate his wealth, with successor trustees named in case they cannot fulfill the task Warren Buffett, Chairman and CEO of Berkshire Hathaway, speaks …

Warren Buffett donates $1.1 billion worth Berkshire Hathaway stock, outlines succession plan for $147 billion fortune
4 weeks ago

Warren Buffett donates $1.1 billion worth Berkshire Hathaway stock, outlines succession plan for $147 billion fortune

Live Mint  

Billionaire investor Warren Buffett has donated over $1.1 billion worth of Berkshire Hathway stocks to four of his family's charities and foundations on November 25, according to an AP report. Succession Plan for Children The report noted that while Buffett has earlier said his three children would inherit his $147.4 billion fortune over a period of 10 years after his …

Warren Buffett gives away another $1.1B and plans for distributing his $147B fortune after his death
4 weeks ago

Warren Buffett gives away another $1.1B and plans for distributing his $147B fortune after his death

Associated Press  

— Investor Warren Buffett renewed his Thanksgiving tradition of giving by handing out more than $1.1 billion of Berkshire Hathaway stock to four of his family’s foundations Monday, and he offered new details about who will be handing out the rest of his fortune after his death. He acknowledged giving Howard, Peter and Susie millions over the years, but he …

Warren Buffett’s son says it’s ‘not so easy’ to give away father’s $143bn fortune to charity
3 months ago

Warren Buffett’s son says it’s ‘not so easy’ to give away father’s $143bn fortune to charity

The Independent  

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Warren Buffett donates again to the Gates Foundation but will cut the charity off after his death
5 months, 3 weeks ago

Warren Buffett donates again to the Gates Foundation but will cut the charity off after his death

Associated Press  

— Investor Warren Buffett announced another $5.3 billion in charitable gifts Friday, but in a major shift of his longtime giving plan he said he plans to cut off donations to the Bill & Melinda Gates Foundation after his death and let his three children decide how to distribute the rest of his $128 billion fortune. Buffett has given about …

Warren Buffett donates again to the Gates Foundation but will cut the charity off after his death
5 months, 3 weeks ago

Warren Buffett donates again to the Gates Foundation but will cut the charity off after his death

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Investor Warren Buffett announced another …

Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire’s successes
10 months ago

Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire’s successes

Associated Press  

— Warren Buffett credited his longtime partner — the late Charlie Munger — with being the architect of the Berkshire Hathaway conglomerate he has received the credit for leading and warned shareholders in his annual letter Saturday not to listen to Wall Street pundits or financial advisers who urge them to trade often. That would be like finding gold and …

Warren Buffett, James Simons and Phil Knight are among the top charity donors of 2023
11 months, 3 weeks ago

Warren Buffett, James Simons and Phil Knight are among the top charity donors of 2023

Associated Press  

The Chronicle of Philanthropy’s annual list of the biggest charitable donations from individuals or their foundations totaled more than $3.5 billion in 2023. The couple gave $500 million through their Simons Foundation to the State University of New York at Stony Brook to support the university’s endowment and to boost scholarships, professorships, research, and clinical care. The center will support …

Warren Buffett donates ₹7,250 crore to charities as Thanksgiving
1 year, 1 month ago

Warren Buffett donates ₹7,250 crore to charities as Thanksgiving

Hindustan Times  

Warren Buffet on Tuesday announced that he had gifted around $876 million worth of Berkshire Hathaway shares to charitable foundations run by his children ahead of Thanksgiving. Additionally, 0.9 million shares are evenly distributed among three charities overseen by his children - The Sherwood Foundation, The Howard G. Buffett Foundation, and NoVo Foundation. “My children, along with their father, have …

Warren Buffet donates Berkshire Hathaway shares to children’s foundations at Thanksgiving
1 year, 1 month ago

Warren Buffet donates Berkshire Hathaway shares to children’s foundations at Thanksgiving

Associated Press  

“At Thanksgiving I have much to be thankful for,” Warren Buffet said in a statement Tuesday, announcing that he had gifted 2.4 million Class B shares of Berkshire Hathaway stock to charitable foundations run by his children. The gifts to The Susan Thompson Buffett Foundation, The Sherwood Foundation, The Howard G. Buffett Foundation and NoVo Foundation total approximately $876 million …

Warren Buffett donates $758 million in Berkshire shares
2 years, 1 month ago

Warren Buffett donates $758 million in Berkshire shares

Hindustan Times  

Warren Buffett donated Berkshire Hathaway Inc. stock valued at more than $758 million to charities, including one named after his late wife. Buffett donated 1.5 million Class B shares to the Susan Thompson Buffett Foundation and 300,000 shares each to the Sherwood Foundation, the Howard G. Buffett Foundation and the NoVo Foundation on Wednesday, according to a filing. Buffett, 92, …

Warren Buffett gives over $ 4 billion to charity as part of his annual pledge
2 years, 6 months ago

Warren Buffett gives over $ 4 billion to charity as part of his annual pledge

Hindustan Times  

Warren Buffett gave Berkshire Hathaway Inc. shares valued at about $4 billion to charities including the Bill & Melinda Gates Foundation, part of the annual plan he started more than a decade ago. The more than 14 million Berkshire Class B shares were donated to a total of five philanthropies, including ones run by his children, according to a statement …

Warren Buffett tells shareholders about spending $51 billion
2 years, 7 months ago

Warren Buffett tells shareholders about spending $51 billion

Associated Press  

— Warren Buffett gave Berkshire Hathaway investors a few details Saturday about how he spent more than $50 billion earlier this year and again reassured them that the company he built will endure long after the 91-year-old billionaire is gone. Buffett said Berkshire was able to take advantage of the fact that Wall Street is largely run like a “gambling …

Buffett to auction off one last private lunch for charity
2 years, 7 months ago

Buffett to auction off one last private lunch for charity

Associated Press  

— The world’s most expensive lunch will go on sale again this spring when investor Warren Buffett auctions off a private meal to raise money for a California homeless charity one last time. Buffett, Berkshire Hathaway’s CEO, held the lunch auction once a year for 20 years before the pandemic began to raise money for the Glide Foundation, which helps …

$15B from Gates, French Gates tops 2021 biggest gift list
2 years, 11 months ago

$15B from Gates, French Gates tops 2021 biggest gift list

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. The gift increased the grant …

Buffett’s Berkshire stays aggressive with stock repurchases
3 years, 5 months ago

Buffett’s Berkshire stays aggressive with stock repurchases

Associated Press  

— Warren Buffett’s Berkshire Hathaway conglomerate is still aggressively buying back its own stock to make use of some of its huge pile of cash. The latest repurchases were revealed Wednesday when Buffett filed an update on his Berkshire holdings after he donated $4.1 billion worth of stock to five foundations he supports with annual gifts. Berkshire has turned to …

EXPLAINED: How Jamsetji Tata Pipped Gates, Buffett To Top Of Charity List And Why Philanthropy Holds So Many Surprises
3 years, 6 months ago

EXPLAINED: How Jamsetji Tata Pipped Gates, Buffett To Top Of Charity List And Why Philanthropy Holds So Many Surprises

News 18  

With $100 billion you could buy about 240 Boeing 747s, which would easily give you the world’s largest fleet of the aircraft. Or like Jamsetji Tata, the founder of the Tatas’ business empire, you could give that money away in philanthropy to become known to posterity as the most generous giver in the world. While Jamsetji Tata passed away in …

Warren Buffet resigns from Bill and Melinda Gates Foundation
3 years, 6 months ago

Warren Buffet resigns from Bill and Melinda Gates Foundation

Al Jazeera  

Warren Buffett resigned on Wednesday as trustee of the Bill and Melinda Gates Foundation, which says it will announce plans in July to answer questions raised about its leadership structure as it deals with the divorce of its two founders. My goals are 100% in sync with those of the foundation, and my physical participation is in no way needed …

Buffett’s Berkshire opposes shareholders’ climate change, diversity proposals
3 years, 9 months ago

Buffett’s Berkshire opposes shareholders’ climate change, diversity proposals

Live Mint  

Warren Buffett's Berkshire Hathaway Inc on Monday urged the rejection of shareholder proposals that annual reports be produced about its efforts to address climate change and promote diversity and inclusion. Vice Chairmen Greg Abel and Ajit Jain, who respectively oversee Berkshire's non-insurance and insurance operations and whose pay Buffett sets, were each awarded $19 million, unchanged from 2019. Berkshire's dozens …

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