Buffett Gives $1.9 Billion to Gates, Other Charities

By: Associated Press Email
By: Associated Press Email

Billionaire Warren Buffett has handed out $1.9 billion worth of Berkshire Hathaway Inc. stock as part of his plan to gradually give away most of his $44.1 billion fortune.

Buffett disclosed his gifts of 22.4 million Class B Berkshire shares on Monday. The biggest gift of about 18.4 million shares worth more than $1.5 billion went to the Bill & Melinda Gates Foundation, in accordance with the plan Buffett outlined in 2006.

Buffett also gave 1.8 million shares to his own foundation and 643,203 shares to each of his three children's foundations.

Buffett also gave 238,165 shares worth nearly $20 million to eight unnamed charities, and 10 shares to each of the 15 elementary school children that were finalists in a business contest.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLN-TV Call: (402) 467-4321 Toll-free: 1-800-475-1011 840 North 40th Lincoln, NE 68503 Email: info@1011now.com KGIN-TV Call: (308) 382-6100 123 N Locust Street Grand Island, NE 68802 Email: kgin@1011now.com KSNB-TV Toll free 888-475-1011 123 N. Locust St. Grand Island, NE 68802 Email : ksnb@1011now.com
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 161872895 - 1011now.com/a?a=161872895