Warren Buffett donates record $6 billion Berkshire shares
Buffett donates $ 6 billion to charity in Berkshire shares
Buffett’s total philanthropy has exceeded $ 60 billion
Children who will control philanthropic confidence after Buffett’s death
June 27 (Reuters) – Warren Buffett donated $ 6 billion more Berkshire Hathaway shares to the Gates Foundation, which has been the biggest annual donation since he began to give his reserve about twenty years ago.
The donations of approximately 12.36 million Berkshire Class B increased Buffett’s exceeding $ 60 billion to general charities.
He donated 9.43 million shares to the Gates Foundation; Susan Thompson Buffett Foundation 943,384 shares; and their children Howard, Susie and Peter: Howard G. Buffett Foundation, Sherwood Foundation and Novo Foundation, managed by each of the three charity institutions 660,366.
Warren Buffett has 13.8% of Berkshire shares based on reported stocks.
According to Forbes magazine, the net value of $ 152 billion before the donations on Friday made it the fifth richest person in the world.
Buffett would be the sixth after donations exceeding $ 5.3 billion he donated last June. Last November, he donated 1.14 billion dollars to family charities.
Buffett claimed that Berkshire did not intend to sell his shares.
Now 94, Buffett began to give his reserve in 2006.
He changed his will last year and put 99.5% of his reserves after his death to a charitable trust that was supervised by his children.
It will be about ten years to distribute the money and must unanimously decide where it goes. Susie Buffett 71, Howard Buffett 70 and Peter Buffett 67 years old.
Since 1965, Warren Buffett has led the Nebraska -based Berkshire Omaha.
$ 1.05 trillion -dollar holding, Geico car insurance and BNSF railway and Apple and American Express, including dozens of 200 businesses, including shares.
Susie Buffett is leading the Susan Thompson Buffett Foundation, which finances reproductive health and is called Warren Buffett’s first wife.
The Sherwood Foundation supports Nebraska non -profit organizations and early childhood education. Howard G. Buffett Foundation focuses on global hunger by combating human trafficking and conflicts. The Novo Foundation has initiatives that focus on marginal girls and women and domestic communities.
Buffett said the donations to the Gates Foundation last June would end when he died. (Reporting by Jonathan Stempel in New York; editing by Sandra Maler)
