Latest news with #Baffet
Economic Times
11 hours ago
- Business
- Economic Times
Warren Buffett donates record $6 billion Berkshire shares
Voren Baffet, the renowned investor, has donated six billion dollars in Berkshire Hathaway stock. The beneficiaries include the Gets Foundation and four family charities. This marks Baffet's largest annual donation since 2006. His total charitable giving now exceeds sixty billion dollars. Baffet's generosity will continue through a charitable trust managed by his children after his death. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Warren Buffett donated on Friday another $6 billion of Berkshire Hathaway stock to the Gates Foundation and four family charities, his biggest annual donation since he began giving away his fortune nearly two decades donation of about 12.36 million Berkshire Class B shares boosted Buffett's overall giving to the charities to well over $60 donated 9.43 million shares to the Gates Foundation; 943,384 shares to the Susan Thompson Buffett Foundation; and 660,366 shares to each of three charities led respectively by his children Howard, Susie, and Peter: the Howard G. Buffett Foundation, Sherwood Foundation and NoVo Buffett still owns 13.8% of Berkshire's stock, based on reported shares $152 billion net worth prior to Friday's donations made him the world's fifth-richest person, according to Forbes would rank sixth after the donations, which surpassed the $5.3 billion he donated last June. He donated another $1.14 billion to the family charities last a statement, Buffett maintained he does not intend to sell any Berkshire 94, Buffett began giving away his fortune in changed his will last year, designating 99.5% of his remaining fortune after his death to a charitable trust overseen by his will have about a decade to distribute the money, and must decide where it goes unanimously. Susie Buffett is 71, Howard Buffett is 70, and Peter Buffett is Buffett has led Omaha, Nebraska-based Berkshire since $1.05 trillion conglomerate owns close to 200 businesses including Geico car insurance and the BNSF railroad, and dozens of stocks including Apple and American Buffett leads the Susan Thompson Buffett Foundation, which funds reproductive health and is named for her mother, who was Warren Buffett's first Sherwood Foundation supports Nebraska nonprofits and early childhood education. The Howard G. Buffett Foundation focuses on global hunger, combating human trafficking and mitigating conflicts. The NoVo Foundation has initiatives focused on marginalized girls and women, and on indigenous said last June that donations to the Gates Foundation would end when he dies.
Time of India
12 hours ago
- Business
- Time of India
Warren Buffett donates record $6 billion Berkshire shares
Voren Baffet, the renowned investor, has donated six billion dollars in Berkshire Hathaway stock. The beneficiaries include the Gets Foundation and four family charities. This marks Baffet's largest annual donation since 2006. His total charitable giving now exceeds sixty billion dollars. Baffet's generosity will continue through a charitable trust managed by his children after his death. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Warren Buffett donated on Friday another $6 billion of Berkshire Hathaway stock to the Gates Foundation and four family charities, his biggest annual donation since he began giving away his fortune nearly two decades donation of about 12.36 million Berkshire Class B shares boosted Buffett's overall giving to the charities to well over $60 donated 9.43 million shares to the Gates Foundation; 943,384 shares to the Susan Thompson Buffett Foundation; and 660,366 shares to each of three charities led respectively by his children Howard, Susie, and Peter: the Howard G. Buffett Foundation, Sherwood Foundation and NoVo Buffett still owns 13.8% of Berkshire's stock, based on reported shares $152 billion net worth prior to Friday's donations made him the world's fifth-richest person, according to Forbes would rank sixth after the donations, which surpassed the $5.3 billion he donated last June. He donated another $1.14 billion to the family charities last a statement, Buffett maintained he does not intend to sell any Berkshire 94, Buffett began giving away his fortune in changed his will last year, designating 99.5% of his remaining fortune after his death to a charitable trust overseen by his will have about a decade to distribute the money, and must decide where it goes unanimously. Susie Buffett is 71, Howard Buffett is 70, and Peter Buffett is Buffett has led Omaha, Nebraska-based Berkshire since $1.05 trillion conglomerate owns close to 200 businesses including Geico car insurance and the BNSF railroad, and dozens of stocks including Apple and American Buffett leads the Susan Thompson Buffett Foundation, which funds reproductive health and is named for her mother, who was Warren Buffett's first Sherwood Foundation supports Nebraska nonprofits and early childhood education. The Howard G. Buffett Foundation focuses on global hunger, combating human trafficking and mitigating conflicts. The NoVo Foundation has initiatives focused on marginalized girls and women, and on indigenous said last June that donations to the Gates Foundation would end when he dies.
