Warren Buffett gir bort rekordsum på 5.3 milliarder dollar til stiftelser melder Reuters
June 28 2024 (Reuters) - Warren Buffett is donating another $5.3 billion of Berkshire Hathaway (BRKa.N), opens new tab stock to the Bill & Melinda Gates Foundation and four family charities, his biggest annual donation since he began making them in 2006.
Buffett's donations boost his overall giving to the charities to about $57 billion, including donations to the family charities in the last two Novembers.
The latest donation, announced on Friday, includes about 13 million Berkshire Class B shares.
Buffett is donating 9.93 million shares to the Gates Foundation and has donated more than $43 billion of Berkshire shares there overall.
He is also donating 993,035 shares to the Susan Thompson Buffett Foundation, named for his late first wife, and 695,122 shares to each of three charities led by his children Howard, Susan and Peter: the Howard G. Buffett Foundation, the Sherwood Foundation and the NoVo Foundation.
In a statement, Buffett said he was worth about $44 billion when the donations began, but that the benefits of compounding, "simple and generally sound capital deployment" at Berkshire, and the "American tailwind, opens new tab" produced his current wealth.
Buffett and Bill Gates also pioneered the Giving Pledge, opens new tab, in which 245 people like OpenAI's Sam Altman, Michael Bloomberg, Elon Musk and Mark Zuckerberg committed at least half of their wealth to philanthropy