Berkshire Hathaway CEO Warren Buffett donated $ 6 billion

Warren Buffett, 94, Donation Berkshire Hathaway Stock record of $ 6 billion for five foundations on Monday Largest annual donation Since he started his philanthropic journey in 2006.

The CEO of Berkshire Hathaway donated about 12.36 million Berkshire Class B shares, giving their overall lifespan to charity of over 60 billion dollars.

He gave 9.43 million shares to Gates Foundation, 943,384 shares to Susan Thompson Buffett Foundation, and 660,366 shares have their children, Howard, Susie and Peter Buffett: Howard G. Donated 660,366 shares under the leadership of Buffet Foundation, Sherwood Foundation, and Novo Foundation.

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The donation was given on Monday.

^{Warren Buffett. Photo by Paul Morigi/Wirimage}

Buffett noted In a press release He first made life commitments for five foundations on 26 June 2006, when he had about $ 43 billion shares of Berkshire shares, representing more than 98% of his net worth.

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Since that commitment, in about two decades, Buffett “neither bought nor sold” any Berkshire shares, and said that he does not intend to do so in future. In the last five years, Berkshire Stock has increased More than 170% And the fate of Buffett has increased with it.

After Monday donations, Buffett still has shares of Berkshire, a $ 145 billion, which includes most of his net worth.

Buffett said in a press release, “I have no debt and the remaining shares cost around 145 billion dollars, which is more than 99% of my net worth.”

Before donation on Monday, Bloomberg Billion Ayers Index It was estimated that Buffett was the eighth richest person in the world, with total assets of $ 152 billion. A total assets of about 145 billion dollars will make him the eleventh richest person.

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This year Buffett donation is more than his previous record of $ 5.3 billion last June. Buffett changed his wish last year that 99.5% of his fate would be kept under the supervision of a charitable trust by his three children on his death. Buffett children will have a decade to decide where the money will go and it should be decided unanimously. Susie Buffett is 71, Howard Buffett is 70, and Peter Buffett 67.

Each of his organizations has a different focus. Susie Buffett helped Susan Thompson Buffett Foundation, which supports the breeding health and Sherwood Foundation, focusing on the Nebraska non -profit institutions and early childhood education. The Howard Buffett Foundation, named after its leadership, emphasized on ending global hunger and conflicts, while the Novo Foundation led by Peter Buffett supports women and indigenous communities on marginalized.

Warren Buffett has led Berkshire since 1965. The Congress, Worth Over $ 1 trillion At the time of writing, the owner More than 60 companiesIncluding Jio, Durekel and Dairy Queen. Buffett announced in May that he would retire as CEO of Berkshire in January, and would handle his successor, Greg Abel, 62,.