Warren Buffett Just Gave Away Almost $3.2 Billion -- Here’s Why
Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) CEO Warren Buffett has just given away 18.63 million Class "B" shares of his stock, worth nearly $3.2 billion as of this writing. However, this is nothing new: Buffett has given away more than $27.5 billion since 2006. Here are the details about Buffett's charitable efforts, who's getting the money, and other billionaires who have decided to follow Buffett's lead.
It may surprise you to learn that Warren Buffett has pledged to give away virtually all of his wealth. Buffett originally announced in 2006 that he intended to gradually give away all of his Berkshire Hathaway stock to philanthropic organizations. More than 99% of his wealth will be given away, both during and after his lifetime.
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