Warren Buffett has taken another massive step in his decades-long philanthropic journey by donating $6 billion worth of Berkshire Hathaway stock to five foundations. This move pushes his total philanthropic giving since 2006 to an estimated $60 billion.
The latest contribution includes nearly 12.4 million Class B shares of Berkshire Hathaway—shares valued at approximately $485 each at the time of transfer. The largest portion, over 9.4 million shares, will go to the Bill & Melinda Gates Foundation Trust. Other recipients include the Susan Thompson Buffett Foundation, Sherwood Foundation, Howard G. Buffett Foundation, and NoVo Foundation.
This follows Buffett’s broader pledge made in 2006 to give away the vast majority of his wealth. He has emphasized that his children will serve as executors of his will and will determine the future philanthropic direction of his remaining estate. He reaffirmed that 99.5% of his estate is earmarked for charitable use.
Buffett recently announced plans to step down as CEO of Berkshire Hathaway by the end of 2025, recommending Greg Abel as his successor. Despite the leadership transition, Buffett made clear he will not sell any of his shares, underscoring his continued belief in the long-term value of Berkshire.
With a net worth hovering around $145 billion—nearly all tied to Berkshire Hathaway stock—Buffett attributes his fortune to sound decisions, patience, and America’s economic resilience.
Strategic Perspective from 365247 Media
Buffett’s donation strategy not only reflects personal legacy planning but also reshapes how long-term capital can be leveraged toward philanthropic ecosystems. In an era where tech billionaires are racing into AI and space, Buffett remains committed to traditional value-based investing and impactful philanthropy. His method offers a counter-narrative: wealth need not just be built innovatively—it can also be distributed responsibly.
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IMAGE: AP
