warren-buffett-reveals-unexpected-plan-for-his-1-149-billion-fortune

Warren Buffett reveals unexpected plan for his 1 149 billion fortune

 • 16752 переглядiв

The investor will donate his billions to charity, including donating additional Berkshire shares to four family foundations. 

Reports UNN with reference to Business Insider.

Warren Buffett, a well-known investor and CEO of Berkshire Hathaway, plans to leave 99.5 percent of his remaining fortune to a charitable foundation run by his daughter and two sons.

In a surprise message to Berkshire shareholders, Buffett said the gifts would reduce his personal stake to 206,363 category A shares worth.149 billion. He has now given away 56.6% of his shares, since promising 99% of them to good causes in 2006.

Among the details of the decision, it became known that Buffett will donate additional Berkshire shares for 1 1.14 billion to four family foundations.

Білл Гейтс таємно пожертвував 50 млн дол. на підтримку Камали Гарріс - NYT23.10.24, 08:31

His three children, Susie (71), Howard (69) and Peter (66), are unable to serve in the charity. But three potential successors have been identified, each younger than the tycoon's children.

for Reference

Buffett has been the head of Berkshire Hathaway, headquartered in Omaha, since 1965. The company, which owns insurance company Geico and brands such as see's Candies and Dairy Queen, earlier this year became the first non-tech company to be valued at оцінюється 1 trillion.

Компанія Воррена Баффета повідомила про зростання ліквідності: легендарний інвестор продав акцій на $36 млрд05.11.24, 11:57

Popular

News by theme

Warren Buffett reveals unexpected plan for his 1 149 billion fortune

 • 16752 переглядiв

Foreign ministry gives recommendations to Ukrainians in Pakistan amid mass protests

 • 30608 переглядiв

Guardians will receive a one-time 1 thousand UAH for each orphan child

 • 17867 переглядiв

Borrel on EU support for Ukraine: "We are not pending on Trump’s orders"

 • 21216 переглядiв

The deadliest type of cancer: experts gave advice on early diagnosis

 • 15142 переглядiв

Bitcoin pulls the market down: cryptocurrencies in the red zone

 • 16714 переглядiв