Warren Buffett has donated more than $758 million in Berkshire Hathaway stock to charities, one of which is named after his late wife.
Billionaire Warren Buffett donated 1.5 million Class B shares to… Susan Thompson Buffett Foundation and 300,000 shares each Sherwood Foundationin Howard J Buffett Foundation And in Novo Foundation Wednesday, according to a statement. The donation was made after converting 1,600 Class A shares into 2.4 million Class B shares.
92-year-old Warren Buffett is The sixth richest person in the world with a net worth of $110.4 billionAccording to the Bloomberg Billionaires Index. His fortune has gained $1.5 billion this year, even as the net worth of most people in the rankings has shrunk amid market turmoil. His fortune would have been much higher without his charitable donations.
In 2010, he launched the Giving Pledge, along with his friends Bill Gates and Melinda French Gates, saying that he He will donate 99% of his wealth, whether he is alive or when he dies. He has already given over $32 billion in Berkshire stock to the Bill and Melinda Gates Foundation and donates regularly to foundations of his family members.