X

Warren Buffett Just Gave Away $3.2B

Largest chunk to go to Bill and Melinda Gates Foundation
By Arden Dier,  Newser Staff
Posted Jul 11, 2017 7:14 AM CDT

(Newser) – Warren Buffett remains the fourth-richest person in the world, but his pockets are now significantly lighter. As part of his annual giving spree, the billionaire announced Monday he would donate $3.17 billion in Berkshire Hathaway stock to five charities. The Bill and Melinda Gates Foundation will receive the largest share at $2.42 billion, reports Reuters, with the remainder split between family charities: the Susan Thompson Buffett Foundation, the Howard G. Buffett Foundation, the Sherwood Foundation, and the NoVo Foundation. Since 2006, Buffett has given $27.5 billion to the five groups, reports CNNMoney. (Buffett has vowed to give away 99% of his fortune.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
X