Warren Buffett donates $2.8 billion to five charities
The Bill and Melinda Gates Foundation was once more the biggest recipient of Warren Buffett's $2.8 billion in charity this year.
The Bill and Melinda Gates Foundation was once more the biggest recipient of Warren Buffett's $2.8 billion in charity this year.
Investor Warren聽Buffett聽has given more than $2.8 billion worth of Berkshire Hathaway stock to five charities as part of his plan to gradually give away his fortune.
Buffett, who is Berkshire's chairman and CEO, said in a news release Monday that he made his annual gifts last week.
Buffett聽has been giving away blocks of Berkshire stock since 2006 with the biggest share going to the Bill and Melinda Gates Foundation.
He also gave Class B Berkshire shares to his own foundation and to the foundations run by each of his three children.
In addition to these major gifts that聽Buffett聽makes each summer, he also gives smaller blocks of stock to several unnamed charities each year.
Forbes reports: